310 installments • 55%
I am 40 years old- married to Margaret Anyango. together with her we have four children aged 14 years named Emilio peter Oundo, 11 years named Deogracious Michael Wandera, 7 years called Envenia Akumu Naderia and the Last Born called Gael Gill Naderia. The first born has joined Class 8 this year 2017. The second born is in class 6 and Envenia is in class 2. Gael is 8 months old. I am a holder of Diploma in purchasing and supplies management and sales and marketing. I have previously worked as field research officer with International Centre of Physiology and Ecology (I.C.I.P.E)- Kenya, sales executive with both Maj-Chemie (selling Agro-chemicals) and cooperative Insurance Company (selling Insurance Policies for both Life & General), sales and debt management with Nila Pharmaceuticals Kenya (selling Human Drugs & initiating policies for collection of bad debts). I have also worked with Spectra Chemicals Kenya limited as assistant sales and marketing manager (selling detergent chemicals and both general and laundry soaps). Apart from doing Business i also work with a church organization (F.C.C.K) as an Administrator( General Secretary). Based on this vast past experiences in sales and marketing, customer care, management and Administration issues, I started my business called Narotsho Investments in 2010 where i make detergents, market and sell to cooperate institutions like hotels, schools, churches and individual entities. I look forward to setting up a factory for making industrial detergents alongside body lotions and home cleaning soaps. Am also an employee of Fellowship Church of Christ as General Secretary where i earn 150 dollars per month the money goes mainly to paying my rent and travelling to work and buying Little foodstuffs expenses.
I run Narotsho Investments with a brand name Narotsho Chemicals and supplies together with my wife Margaret. Narotsho is a dully registered business enterprise according to Kenya business registrations act and it operates a Bank account with Rafiki Micro finance . We supply Cleaning detergents, stain removers, liquid soaps, disinfectants, air fresheners and spotters to both cooperate and individual entities like laundry shops, hotels , schools, Churches and individuals for home use. We mainly raise our capital for supplies through ploughing back
our income from previous supplies and personal savings from incomes and loans from Zidisha... Currently i have three people working as casuals. We intend to do big Business especially tendering which will require total attention and concentration of funds. We would like to introduce new lines of products especially Hand-cream ( hand washing jelly) and dish washing Jelly, buy a presentable office furniture's namely ( a Nice Table and Chair) and pack many products in 0.5 Liters ,5Litres, and 20 Liters quantities.
Once again I appreciate zidisha family for bringing me this far, my business has grown to a level which needs to cater for more diverse needs of the customers, this will also help me to sale daily to customers who calls to our shop for their needs, this will help me in a steady income cash flow on a daily basis. this how I intend to use my next loan, the loan will be $ 338, and will be used as follows, $203to buy raw materials for manufacturing and counter resale, $. 68 to purchase packaging which includes polythene papers & jericans, $.68 to purchase potters for sales and supplies.
Nov 25, 2014
Cost to entrepreneur
Lender interest: $327.47 at 6.74% annual rate over 11 months = $21.10
Service fee: $11.44