Selling metal roofing sheets and cement to homebuilders

Fredrick Omondi

Bumala, Kenya

86% repaid

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How it Works

Entrepreneur

Name

Fredrick Omondi

Member since

February 2014

On-time repayments

120 installments • 80%

About Me

Am Fredrick omondi .am 34yrs and a stamen Christian who is a extrovert and very hardworking, a father of two and I love my family .i like reading inspiration and motivational books’.
I live in Bumala have interest In real estate business and large scale farming which an planning to invest in the future I did my o level in the year 1999 at sigalame high school
I did my post dip at the UN and HIV management and have applied a degree course in business management .i have been in business for along time .
my family have been running the business since when I was in class seven I have been helping them in the shop most of the time and is from there is where I learned about the business management
I am also believe in principalities of God for my day to day spiritual fulfillment.

My Business

I do own hardware shop in Bumala town.To be sincere the capital i used to start this business i got after selling part of my land because i couldn't able to afford that much capital.Fortunatly now i have manage to buy another land to replace the one i had sold with the earnings from my business.
At my shop i sell nails,iron sheets,cement,paints,flats and many other small small components of a hardware.I have many customers because of good prices i offer and besides that i offer means of transport for those who buys many products.
Bumala and its soroundings is growing and people are building hourses all over so the demand of hardware is required too.Sales may add to KES 150000,average cost of KES 110000 and profit of KES 28000 though not exact.

Loan Proposal

Thank so much zidisha for offering me these great chance to support my business from these I will get roofing nail for 150/= per kilo which I will get a profit of 50/= per kilo I will get 20 kilos for 3000/=,since is raining in Kenya know and many roof are being renovated I will get 15 for 11,250/= pieces of iron sheets which I will buy for 750/= which I will get 100/= profit after selling for 850/=.I will get 10 cement for my store for 7500/=which I will get for 750/= after which I will sale for 850/=after which I will get 100/= profit per bag .finally I will get some paint for my customers who want to repaint their premises I will get them for 700/= for 1 tin of paint I will sale them for 750 at retail price from my present sales I will be in great position to pay my loon with no stress and from the great support from Zidisha I want to say for the month my business will be in great position to kick from the present level to the next level once again Zidisha thanks so much