Francis
Mombasa, Kenya
100% paid forward
Name
Francis
Member since
December 2017
On-time repayments
144 installments • 53%
I was born in a family of 6 children due to poverty I'm only child who managed to go to secondary due to good performance,unfortunately my father passed on as soon as I finished form four, being 4th born in our family and only educated I had no other alternative other than to look for a job to rescue my mother whose work was to sell charcoal to the market, I got a job in one of busy electrical shops as sales man,my skill s were high due to physics and commerce know how from high school .due to good interaction and honest to my clients,they advised me to open my own business they will promote me!
From my little salary of ksh 8000 I managed to save 50 thousands and 10 goats, after working for 5years have started my electrical shop business but the challenge I'm facing is finance,goods are in demand but low supply
I intend to boost my inventory of electrical supplies with the money. Our country's economy is gradually picking up after a devastating period under Covid-19. Though this dark cloud is still hanging above us, many have learned to live with it and the country has largely opened up. Construction sites have roared back to life and that is where my services of electrical goods sales are much needed.
I intend to swim with this wave and that is why I need this cash injection to increase my stock. I intend to buy an assortment of cables, light saving bulbs wall sockets and other electrical accessories all which will hopefully do well. I am anticipating good sales once I stock up my shop and this will enable me repay the loan comfortably due to increased sales and profitability.
Aug 11, 2021: My business, my heartbeat
Positive
5
Neutral
None
Negative
None
Project Type
Pay It Forward
Disbursed amount
$13.00
Date disbursed
Dec 18, 2021
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