Inventory of equipment to install electricity in homes

Entrepreneur

About Me

Hello beloved lenders,I am Peter Wamukota Wangila from Kenya,Ongata Rongai. I am 32 years old,married. Electrical and Electronics technician by profession.

My Business

I have been operating an electronics repair shop @ Ongata Rongai until 2016 when robbers broke into my shop and swept everything, which dragged me backwards.

Loan Proposal

The introduction of repaid electricity meters by Kenya Power and Lighting Company requires modification in wiring of the premises,this includes using a double pole switch to protect the meter against over-voltage and other faults on the transmission and distribution network.
This has brought about an increase in demand for double pole switches,but a big challenge facing consumers is the availability of fake products in the market. My business being known for a long time for selling good quality products and originals attracts many customers since many people like original products even though the price of the goods is slightly higher. If I am given this loan, I am planning to increase the stock of good quality double pole switches ,which I will be purchasing at 4.4 dollars each, and selling them at 7.7 dollars each. This will give me a profit of 3.3 dollars on each switch. Thank you very much for your continued support

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Loan Info

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