Stock of labor-saving machines for farmers

Ruth

Kitale, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Ruth

Member since

January 2015

On-time repayments

54 installments • 76%

About Me

My names are Ruth Mwangi I reside in Kitale,Trans Nzoia,Rift valley region in Kenya.I was born in a family of 12 siblings being the fifth-born .I was brought up in a poor family and my parents had to work extra hard to pay our school fees .This made my school life a challenge but I managed to complete primary level and later secondary. My parents could not afford to pay my college fees .I started selling farm products from our small piece of land at the nearby market ,the profit I acquired from this business i helped my parents in paying fees for my younger siblings and I was also able to pay for my college tuition fees I was studying part-time .
In college, I attained a diploma in sales and marketing and I was employed in a company in nakuru town(Simba machinery) as a sales representative. I worked very hard and was promoted to a sales manager.
I started my own business in 2010 from the savings I had saved from my salary. I purchased farm machines ie choppers, posh mills and generators.
I shifted to kitale town because it is an agricultural town and therefore there is high demand of these farm products.
My hobbies are singing, reading, traveling socializing and volunteering,dancing, .

My Business

Planning to add some more stock in my new electrical shop due to risen demand.Am doing fine in my new electrical shop.Thankyou soo much for the continued support.Am kindly requesting for some more funds.soo that i can restock my shop with some products am lacking.Bulbs and clips.Thankyou zidisha.

Loan Proposal

Hallo lenders,this will help me increase my stock for spares and especially fulfilling demand for other spares that i have stocked in my shop and they are on demand.The businessneeds lots of capita especially because the spareparts are varieties and considering am dealing with three products as per my title it calls for proper funding.I have tried save maximamly but because of my many responsibilities my growth has been slow.I work closely with mechanics and the fundis,who i give the job to go and fix the spares forbthe customers and in that i create employment.It also saves my customers the trouble to travel very far looking for spares.
I expect my profits to increase by 80%,due to the increased demand of various spares and the good services and convinience we are offering.
pulleys 50$
cabulators 40$
vee belts 30$
copperwire 70$
bearings 25$
plugs 20$
capacitors 50$
Thats my budget