Loan to buy bulbs, switches, wiring cables and water heaters

Entrepreneur

About Me

Hello to the zidisha family.
My name is Peter Mbugua and I currently live in eldoret.
I was born in Nyandaru county, and I'm the second born in a family of 5, 3 boys and two girls.
My both parents are not alive.
I am an entrepreneur by profession.
I went to St Patrick's high school where I passed and joined a local technical college where I pursued a business management diploma.
I currently own a business of which I sell electronic parts and cooking gas cylinders refills.
It's from this business that I have managed to pay for my two siblings college fees and also catered for my bills.
I'm married and we're expecting our firstborn in April.
I believe zidisha will help me grow my business and also help several youths in my community to learn on how to become their own bosses.

My Business

I sell electronic parts such as wire cables, switches, adaptors , wiring tubes etc, and I also sell cooking gas.
I usually use my business as my main source of income and the profits I earn have been of help in managing my business and in my bills coverage.
I usually use 10% of my profits to support my community youths in buying for them entrepreneur materials and also in supporting them in their co-curriculum activities.

Loan Proposal

I plan to use the loan to buy bulbs, switches, wiring cables and water heaters.
The items costs a total of $97 and I will use the loan as an overdraft.
The items are in high demand and I expect a profit of 55%+
I will use the profits to pay back my loan in time so that another entrepreneur can benefit too.
The profits will help me in managing my bills, and also in renewing my business insurance.
I will also help some upcoming young entrepreneurs in my community by buying for them reading materials and also guiding them to understand the need of starting their own businesses while they're still young.
Thanks to all the lenders.

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