Retailing of household utensils
Steve
Kahawa West(nairobi), Kenya
100% repaid
Entrepreneur
Name
Steve
Member since
March 2014
On-time repayments
21 installments • 38%
About Me
Am a 33 yr old kenyan living in Nairobi Kenya.Am running an ICT training institute located in the Central business district.
I hold degree in IT from Jomo Kenyatta university.
We started the training institute in order to equip the youths with hands on ICT skills that will enable them become self employed and thus reducing level;s of poverty in our country.
During my free time i like interacting with friends and hearing what they have been upto and also get some business tips from them as you know information is power.
I am a go getter and i don't believe in failing,My work team have to carry the mission and vision of the business at all time.
My Business
My main source of income is the salary i get from the business.Apart from this salary i also get income by developing websites for different clients
There is alot of demand for the training but the competition is also high.
We find most clients preferring our services since they are distinct compared to other training institutions.This is because our training is hands on compared to other institutions that offer theoretical training.
I intend to invest the loan in a business where i will be second hand clothes and sell them in our estate.
Loan Proposal
I intend to use the loan to buy house hold utensils on wholesale price and then resell them in our estate(Kahawa West).I have already identified a distributor where i will buy this utensils on wholesale price.
I will also move around getting orders from restaurants inside and outside The estate.
I have done enough research and noticed that we don't have such business in the area.My dream is setting a one stop shop where one can get any household item at an affordable price.
The long term plan is also to become a distributor of the same.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Apr 22, 2014
Repayment status
On Time
Projected term
2 months
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