Entrepreneur
Name
Ephantus
Member since
April 2013
On-time repayments
205 installments • 59%
About Me
I am a single young man living in Kenya and working very hard to achieve my personal goals. I was educated to form four and awarded with my O level certificate of secondary education in the year 2000. The following year I was employed as a election clerk with the Electoral Commission of Kenya for Three years. There after I started a business of production of animal feeds in Nakuru but was brought down by post election valence in the year 2007. I made a decision to move to Nairobi and start a business of hardware where I was selling all types of building and construction materials and also renting some building machine and equipments.
My Business
Currently my business is located in Katani Githunguri Road near Jaba Hardware. A business of hardware where I am selling all types of building and construction materials and also renting some building machine and equipments.The machines available are water pumps, vibrate, cement mixtures and tile cutters. I also stock timber to assist my clients with construction Job. In good month I make Ksh 30000 after paying for all my expenses. The main challenge for this work is lack of capital to purchase enough machine and equipment to meet the current demand.
Loan Proposal
From earlier zidisha loans, I have been able to create a good name which in turn has resulted in more water pumping business. The challenge has been being in two places at the same time but with an extra pump, i will be able to attend extra jobs which have been going to my competitors.
The previous zidisha loans have been channeled to buying accessories but its now the best time to expand and even hire a pump attendant which will maximize my gains.
About Me
Am single young man living in Kenya and working very hard to achieve my personal goals. I was educated uo to form four and awarded with my O level certificate of secondary education in the year 2000. The following year I was employed as a election clerk with the Electoral Commission OF Kenya for Three years,There after I started a business of production of animal feeds in Nakuru but was brought down by post election valence in the year 2007. I made a decision and moved ,to Nairobi and a business of hardware where I was selling all types of building and construction materials and also rent some building machine and equipments.
My Business
Currently my business is located in Katani Githunguri Road near Jaba Hardware. a business of hardware where I was selling all types of building and construction materials and also rent some building machine and equipments.The machine available Water pumps, vibrate, cement mixtures and tile cutters, I also stock timber for hire to assist my client with construction Job. In good month I make Ksh 30000 after paying for all my expenses. The main challenge for this work is lack of enough capital to purchase enough machine and equipment for hire to meet the current demand.
Loan Proposal
From earlier zidisha loans, I have been able to create a good name which in turn has resulted in more water pumping business. The challenge has been being in two places at the same time but with an extra pump, i will be able to attend extra jobs which have been going to my competitors.
The previous zidisha loans have been channeled to buying accessories but its now the best time to expand and even hire a pump attendant which will maximize my gains.
Feedback
Positive
7
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$325.00
Date disbursed
May 31, 2014
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Ask Ephantus a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...