67 installments • 31%
I am young Kenyan who has found it hard like many other Kenyans to secure a job. I am IT trained and used to have a good job in the years 2005 to 2007 when the election violence rocked our country. I was working in a volatile area and had to leave all my belongings to save my life. It has been job application after job application with no luck and money to advance my education. I have since then bought a water pump and jumped into the construction center after advice from a close friend who has succeeded in the same water pump business.
While based in Kahawa West, I am now in the construction industry through my water pump business. I have a unique advantage of coupling it with my IT skills for small wiring jobs. I do not have the capital to do everything now plus build a business is a process which in my opinion, i am on the right track. I need to buy a few things that will ensure I offer the best services to clients and eventually buy another pump to be able to tackle more than one job at once.
Since i bought a water pump, some challenges have been coming up but they were expected. I want to buy a new and longer pipe for my pump as the current one that i have is not long enough and has been giving me a hard time when the source is far from the construction site. Purchasing a longer pipe will improve my service delivery and cut on time wastage on site.
Jul 5, 2014
Cost to entrepreneur
Lender interest: $50.12 at 9.74% annual rate over 1 month = $0.47
Service fee: $0.17