Restocking paints, cables, etc., for my hardware business

Kennedy Mulube

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Kennedy Mulube

Member since

November 2016

On-time repayments

151 installments  •  32%

About Me

My names are Kennedy Shandulwa Mulube, aged 25. I grew up as an average kid raised by my mum and dad, who were both doing business: mum was a hairdresser and my dad is a tyre seller.
- I did my grade 1-7 school at Buma Basic School and 8-12 at Nyimba High School.
- When my mum died in 2014, things became hard home since she was the chief provide[r of the] home, and by then I was about to write my exams so I deferred them.
- I got inspired by my mum and my dad, who raised us with business, so when things became hard I realized I had to see things on the different picture, so I had to think which business was truly best for this area. I thought of hardware, which is kind of unique and that's how I started my business.
- The area is high density and some time back people used to go to town just to buy building utensils, and now I brought the goods near their homes.
- I play chess in my leisure time.

My Business

I sell building utensils and electrical equipment.
- The area is high density and the business of hardware is kind of unique, and I have been running it in the same area for a long time now so the place is well known.
- It [the business] has high profit and it's unique.
- I use the profits I make to feed my family, and l also provide transport for my two young brothers.

Loan Proposal

I want to buy more goods in my shop and I want to order those things that I haven't been ordering lately. Because what I recently observed is that at times people will be coming to my shop asking for what I don't have, so I'll have no other choice except to go and get [items] from one who is doing my business nearby.

I want to buy 4 tin paints (5 litres) and each costs $15. I also want to buy widow part box which is $15 and there are 20 packets, so I sell them at $1.20 each. And I also want to buy electrical cables (red, black and green): each costs $20. I want to buy electrical adapters 1*10 and each costs $2 and I sell these each for $5. I also want to buy cooker plats 1*10 and each costs $2 and I sell them at $4 each. I want to buy wire nails: 15kgs costs $30 and I sell them at $5 per kg. I want to buy iron sheet nails, which costs $30 for 10 kg.

Show original English  

About Me

my names are Kennedy shandulwa mulube aged 25, I grew up as an average kid rises by my mum and dad who were both doing business, mum was a hair dresser and my dad is a tyre sellers.
-I did my Grade 1-7 at buma basic school and 8-12 at nyimba high school.
-when my mum died in 2014 things became hard home since she was the chief provide home,and by then I was about to write my exams so I deferred them.
-I got inspired by my mum and my dad who rises us with business so when things became hard I realized I had to see things on the different picture so I had to think which business was truly best for this area and thought of hardware which is kind of unique and
that's how I started my business.
-the area is high denser and some time back people use to go to town just to buy building utensils and now I brought the goods near their homes.
-I play chess a my leisure time.

My Business

I sell building utensils and electrical equipments. -the area is high denser and the business of hardware is of kind of unique, and have been running it in the same area for a long time now so the place is well known.
-it had high profit and its of unique.
-I use the profits I make to feed withy family and l also provide transport for my two young brothers.

Loan Proposal

I want to buy more goods in my shop by and I want to order those things that I haven't been ordering lately. Because what recently observed is that they at times when people will be coming to my shop asking what I don't have,so I'll have no other choice except to go and get from one who is doing my business near by.I want to buy 4 tin paints 5litres and each costs $15 and I also want to buy widow part box which is $15 and there 20 packets,I sell $1.2 each.And I also want to buy electrical cables red,black and green each costs $20 and I want to buy electrical adapters 1*10 and and each costs $2 and I sell these each $5 and I also want to buy cooker plats 1*10 and each costs $2 and I sell them at $4 each,and I want to buy wire nails 15kgs costs $30 and per kg I sell $5 and I want to buy iron sheet nails which costs $30 10 kg.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$310.17

Date disbursed

Jul 29, 2017

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $7.93

Lenders

G

glh25

Winooski, United States

Paul Buchheit

Mountain View, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Kennedy a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...