Entrepreneur

About Me

I was born in year 1981 in Kiptangwanyi village Mitimingi location Nakuru County in a family of seven being the fouth born in our family. , I later joined a nursery school for an year where i eventually graduated to class one, I started my primary education in at Muriricua Primary school up to class eight on the same school where I completed up the class eight and sit for my Kenya certificate of primary education(K.C.P.E) later I joined muriricua secondary school up to form four where I gain my secondary certificate, after completing my secondary school education I started to be engaged in a small scale business and started to save my saving, I have undergone a driving school I managed to buy a plot no 712 in Kiptangwanyi trading center from the saving of my small scale business I get married where I have been blessed with four children where all are in school at our nearby school (Muriricua primary school).we operate my business both with my wife, I have being engaged in business of transport where I was having a Nissan which was operating Nakuru-Kiptanganyi route later I sold in and buy pickup which I use it to carry good for my retail shop and for other business person in Kiptangwanyi trading center I also buy and sell cereals where I buy in our locality and transport to other area such as Nakuru town and it surrounding, my goal is to open another business in other trading center such as Munanda and Game, My short term goal is to crate employment among young generation especially to my own children, my long term goal is to open another business within our locality especially at Munanda and Game where I am well known and there is high demand of the product i wanted to offer because I wanted to start buying the cereals in those area,I am also an active member of M.t Sinai Self Help Group were we have been supporting each other. I am a follower of Catholic Church since that time and I am a devoted Christian and participate actively in our nearby by church at Kiptangwanyi.

My Business

MY BUSINESS INCLUDE RETAIL AND HARDWARE SHOP
I am Peter Kamau Ndibaru, a businessman in Kiptangwanyi which about 45 kilometers from Nakuru my business entails a shop and hardware at the shopping center. This shop I started a long time ago and it has been the sole source of living for the whole of my family. We rely on this business in order to sustain our basic needs and also to meet the education needs of our daughters and sons. The business is situated in a suitable location and thus providing me with a wide range of customers. I serve many customers within the locality. The shop were I sell various variety of human consumption has a wide range of customers, also my hardware catches a wide range because I sell the spare part of both bicycle and motorbike because many people in Kiptangwanyi have bought motorbike thus making the spare part more demanding, The main challenges that this business encounter is lack of enough funds to expand the business.
. My business grows up to a level of employing someone else to help me, my business name is Kamau retail hardware shop, which I named after my Name because I am the manager of the business because the business I the one who own it (soleproprietership).The business Is located at a strategic position thus making me to attract more customers also there is less competition for business offering the same commodities such as hardware thus making the business profitable, also I operate the business on my own plot. My business is also insured for any kind of risk which may occur such as fire outbreak. My stock is worthy ksh 150000,but I continue adding the stock gradually i.e three times a month. The main challenge facing my business is lack of money as I go the shopping.
My short term goal is to crate employment among young generation especially to my own children, my long term goal is to open another business within our locality especially at Munanda and Game where I am well known and there is high demand of the product i wanted to offer because I wanted to start buying the cereals in those area .My business is licensed under the county council of Nakuru municipality to make it legal. My typical monthly cost is khs 950000, sale revenue is around ksh 60000 and profit is above 25000 but I am planning to earning more from the business.

Loan Proposal

I would like to use the loan that I will be granted to. First, I would like to refurbish my shop and give it a new look. This will attract more customers in my business with the aim of increasing my revenues. Secondly, I would like to repair the shelves that had broken and also repaint my ceiling of the shop.

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