Kiprotich
Baringo, Kenya
$0 to go
100% funded of $136 goal
0
days left
Name
Kiprotich
Member since
August 2017
On-time repayments
6 installments • 0%
My name is kiprotich ,born and raised in Eldoret .Am well educated because I was able to reach form four . I went to kapsoya primary before joining sosiani secondary, that to my caring parents. After finishing I worked in several jobs for years but the best job was that in Mbuthia Electronics,I worked there for 3years before I left to start my own. Starting the business come with several challenges but the main one is that of capital injection. So I borrowed money from my bank which together with the little I had serve I started the business. Our unique culture is that of traditional initiation. My first born wants to be a nurse while the second born wants to be a teacher .my hobby is singing .
My business provide electronics products and services. These products include,television, radio,home theatre, decoders,etc. We also provide repair and replacement services to our customers. Electronics products and services are in demand because of the changing and advancement in technology. People buy these product day to day. I chose this business because having being employed in this industry, I knew it was profitable and had many opportunities. My typical cost is 1500$ and earn about 30$ daily . I use my revenue in providing for the family and also ploughing back to the business.
I will use the loan to purchase more television set for my electronic shop @ 200$ . This will help me increase by around 30%. This will also help my customers to get variety of different TV set brands ,eg Samsung, Sony,techno,hot point etc.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$136.00
Date disbursed
Aug 5, 2017
Repayment status
Late
Projected term
6 weeks
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