Stock

Entrepreneur

About Me

I am Julius Nyakundi,residing at Ngong road Ngando. I was born on year 1986 Mosocho division Kisii County. I am working with house of leather and gift store Nairobi as a salesman. I came to Nairobi on 2013 after completing my college studies where I was pursuing a diploma in business management. I first worked as a steward at shade hotel Karen as a cleaner.

My Business

Born in a family and being the last born,I started schooling on 1992 at Ititi primary school . On 2004 I did K.C.S.E exams and I attained a C+ which was not a good grade to join university . My mother was a peasant, she had one zero grazing cow and she grew vegetables .So immediately after high I had to help my mother with her activities more especially the zero grazing cow. A year after, with the help of my mother I leased a plot that would have helped me grow economically. I planted kales my mother purchased all necessary inputs. On my harvesting I produced 10 bags a week and one bag was selling at 100 shillings. So for three months I got 5000 shillings less the expenses . So I decided for something bigger ,where I started tomato production on the same piece of land. It was a bit challenging since I didn't have enough money. So for sticks for staking I had to collect from the bush since I did not have enough money to buy. With the help of my mother I got fertilisers and chemical for spraying. The tomatoes got attacked by blight and wilt which affected it's production. At the moment of harvesting I managed to get 60 baskets full of tomatoes and the sale price was 800 per basket.
With the help of my in law on 2008 I joined Gusii Institute of technology ,I got enrolled yo pursue a diploma in medical laboratory technology. Unfortunately the same year my in law passed on now my mother had to carry the burden. The burden became too heavy as I fought to get a scholarship which failed, I was forced to drop on my second year.
On 2009 I got contract with KNBS in the 2009 housing and population census. I worked as an enumerator where I got money to join mcom technology Kisii where I studied computer studies. But further the money helped me go back to farming again. I got a boost on 2010 when I got a job with iiec as a registration clerk and polling clerk in 2010 refendum.
On 2011 I opened up my mind when I opened a business dealing with second hand clothes at Ngong market. The business did not go well, so I was forced to find a job at Shade Hotel,Karen where I worked as a steward. On 2013 I resigned and I got another job at the Legend Karen.
This didn't go well as 2015 I got a job at House of leather and gift store.
At the House of leather I got money that enabled me start a cereal store which is managed by my wife. At least on day to day life, money that I spends on food and rent comes from the store and I save part of my salary.
My monthly salary has enabled me pay school fees for my child.This has grown my net worth to 300000.I have further extended and now I have an M-PESA agent my business has grown despite the challenges am going through.

Loan Proposal

I want to get more stock and the money in my pocket is not sufficient,i thought if you would help me meet my target. In fact I used to purchase sugar 50kg at 4200 now it is 4500 if you would help me achieve my expectations.
Business though is tough this time I think any boost can make my gain a bit of stability this will raise my dependable on most things.
Grant me a chance it will be of big help more especially this time that everything is turning to more harder.
I have another project in mind that will need more money. Any profit gained from this will help me establish a new venture in poultry farming.
Thank you

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