Entrepreneur

About Me

My names are Isaiah Ngaruiya Ngugi. I am a resident of Thika town, a distance of 40kilometers from the capital of Kenya, Nairobi. I was born in Thika, attended my primary school as well as my secondary school in Thika. I have a family and blessed with two kids. I live in plot number 616 at Thika town. I am a business man at the town and my business is that of selling jewellery. I have been in this business for quite some time and this is my seventh year. It is a good business and quite profitable especially at my shop as it is located in a strategic place.

My Business

This business of selling jewellery is a good one as i target most of the youths. The main items that I sell are earrings, necklaces, chains, bangles, finger rings. The business is located in area where it is open and again it is near the market and thus it can be spotted easily. I get my supplies from the capital, Nairobi at a relatively cheaper price and since I purchase in large scale the profit margin is usually quite good. The main challenges that this business encounter is the high cost of living and especially here in town and also high cost of energy.

Loan Proposal

I am thankful for such a wonderful opportunity to be granted a loan from Zidisha micro-finance.
When granted this loan, I will add my stock of jewellery for my business. This, I will buy in bulk and reduce the cost of traveling now and then to replenish my supply. This was really reducing my profits and thus I would like to cut this costs. Secondly, I would like to supply more variety of these jewellery to increase my customer range.

Feedback

Loan Info

Lenders