Inventory for my electronis shop

Entrepreneur

About Me

Iwas born in 1979, at Shabaab area of Nakuru county. I went to Muslim primary school, S.T Xavier’s High school, Nyanchwa T.T.C and just graduated from Kenya methodist university, Nakuru Campus. I’m also a teacher at Maaimahiu primary school. I started by running a cyber café at Maaimahiu town next to the lorry parking. I started the business from my little savings a year ago. However, with the advent of smart phones and free wi fi, the business was not so good. One year ago I set up a small hotel with the chairs I bought with my first loan. However early this year in February an ownership tussle emerged between the owners of the place. We had to vacate. I did not give up and I now own an electronics shop. Im married and a father of one daughter. I live at Maaimahiu town next to the main market at plot no. 12 a green storeyed building house number 9.

My Business

I started the business, Blessed electronics, twelve months ago. My wife runs it while I’m in school. I assisst during the holidays,weekends and in the evenings. It has helped to give me some alternative income though little. The shop has a mixture of a few electronics and electrical goods.The first two months were a challenge in terms of sales and even raising rent. Right now customers are trickling in and am sure in due course I will make it. I discovered that an eatery cannot be run when one is away. However with the shop, I just need to stock take and thus can manage it easily. In a day we make 2dollars profit. This maintains my family and clears other bills. I plan to move business to the next level by having a variety of góods.

Loan Proposal

Though using the last loan I bought some accessories, my shop is still not self sufficient. I would wish to have electrical appliances such as electric kettles, water heaters and blenders for a start. They fetch higher returns than the small appliances.
This will widen my customer base and improve on sales

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