Inventory of water pipes to supply water to homes

Joseph

Mombasa, Kenya

36% repaid

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How it Works

Entrepreneur

Name

Joseph

Member since

February 2017

On-time repayments

148 installments • 32%

About Me

My name is Joseph Karimi. I am a family man with a wife and 4 children who are all in different stages in school. I was born in central Kenya where people are mostly farmers. The area is highly population and there is high competition for resources. This necessitated my relocation to Mombasa soon after finishing my formal education.

I joined my relatives in the coastal town of Mombasa where I started a small business of selling hardware items such as building and electrical materials. I am a hard-working person who is trying to secure his family's stability through hard work and discipline.

My Business

I am a businessman doing business in the town of Mombasa, Kenya. I deal with selling hardware materials for use in construction sites. This includes electrical cables, plumbing materials and common tools such as spades and hammers. I am a father of 3 children all in school.

My wife is also in business but she sells dry cereals in another part of the town. I work very hard to provide for my family and secure their future. We both hope to grow our businesses and turn them into big stores.

Loan Proposal

I will use the money to buy plastic pipes which are used to supply water to homes. I work and live in an urban area which is expanding very fast. This makes building materials including pipes to be in high demand and I want to address this need.

I will use the entire amount to buy 16 - 5 meter pipes which I will then sell to my clients. I will be able to make a good profit out of this business which will boost my income and this is good for my business and family.

Thank you.