Renovating my decaying electronics job, and adding more space to it to accommodate more products

Entrepreneur

About Me

I was was born in a small village in vihiga county, where i grew up. I went to a local public primary school and later transferred to a boarding school which is amissionary school called Kaimosi primary school.I managed to scope 364 marks in my KCPE which erned me aplace in Nyangori High School. I got a B+ and enrolled for a degree in Kenyatta University. I started an electronic business after i completed my secondary education in 2007 december. Within a small span of time the business grew to great heights and i was able to expand my business to the local towns within my county .Unfortunately in May 2009 the mother business burnt down and large stock was lost forcing me to close all the other branch stores. This was hard to accept but gave me more reason to strive harder in the entrepreneurial journey. The culture i live people like to make money and have fun.My hobby is going to the gym n watching movies.

My Business

I run an electronic business . since my childhood i had a passion in electronics and i have sold and repaired electronics since high school. since invention of technology, electronics have always been in demand.In today's modern life there are certain electronic appliance a human being cant survive without for example a bulb for lighting whether using solar energy or electricity. In general, new generation teenagers tend to love entertainment and to have fun this makes electronics to be in demand. Most of this electronics are are not cheap and the typical costs are high. An appliance like a 14 inch tv can cost ten thousand kenyan shillings this makes my total stock cost to be high.At this moment my total stock cost is around two hundred thousand. I reinvest my profits back into the business for it to grow and i pay my bills with it.

Loan Proposal

The loan am requesting is to renovate my business premises to make it accommodate my increasing stock and to make it attractive to customers. My shop has fewer shelf s and i want put tiles on the floor.I need some timber around 48 fts to fix my shelfs to accommodate the big electric appliances that i recently stocked.I have been trying to display may new big new HD LED TV screens to attract my customers but it has been in vain.This has made me to increase the display space and accommodate more electric appliances.Further more, my floor is so cracked and my customers do not feel at home and they do not get the reception they deserve. Customer satisfaction is very important and i so value that.

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Loan Info

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