Stocking and sales of elecrical materials

Joseph Njuguna

Engashura Village, Kenya

100% repaid

Entrepreneur

Name

Joseph Njuguna

Member since

April 2013

On-time repayments

52 installments  •  98%

About Me

My name is Joseph Njuguna. I am married with three children .Am a catholic beleiver,a choir trainer and more so i teach general music even to other denominations.
I reside in Engashura about 4 kilometers from NAKURU/NYAHURURU –NYERI Highway at Maili Sita Trading Centre junction where there is a school called KIAMAINA SECONDARY SCHOOL .You will branch towards Maili Sita -Kabatini main rough road. On your way towards Kabatini, there are common landmarks you will get; JC Trading Centre and Bahati Boys High School. From here, you will follow the main road past two sharp bends hence in about 700 meters ,inside Engoshura Estate, at A place called PASTORS PLACE(HA-PASTOR )branching away from Kabatini Trading Centre on your right hand. Anybody who you can ask about Joseph Njuguna the electrician you will be brought at my home.

My Business

I have an electric installation materials shop at Maili Sita known as Alto electronic shop at a place known as Stano. At kiamaina in Bahati division. In the electronic shop I earn ksh 25,000 per month. In addition I am electrician where I install power in buildings within Nakuru and anywhere else I am given a contract. In electricity installation on average I get about ksh 35,000 per month. In additional, I practice dairy farming where I get annually around Ksh. 400, 000.I also have introduce dairy goat and have bought five goats which are doing very well in our climate which is favourite .one of the goat is already productive and we are enjoying the milk it's producing a total of two and a half litres daily and I am looking forward when all of them five will be productive, which will amount to a total of of 12.5 litres daily and a total of 1250 /kshs.daily.The total annual income ksh 1,120,000. From the earnings, I am able to pay my bills, buy food and and help my family back at home. I also want to start bee keeping in my farm which I have found very productive and also very profitable for example one bee hive is expected to produce 15kg of honey by which each kilogram is going at ksh400 that is around ksh6000/-.am looking forward to erect five bee hive by which will be producing ksh30,000/-after every four months if my lenders will offer me the loan.

Loan Proposal

First,I would be adding the first moving goods in large quantities,sell at wholesale price and thus experience the economies of scale. Secondly i will be able to stock different qualities of the same product and thus offer my customers room for comparison.Thirdly, i will also stock related products such as chargers and radios or general electronics.More ever ,i will be able to safe on transport cost because i will be travelling to purchase stock weekly rather than daily as has been the routine.

Feedback

3

None

None

  • Jim Murray    Jan 29, 2018

    Congratulations on repayment and wishes for continued success! Well done!

    Log in to reply • Share
  • Dean Suminski    Mar 30, 2017

    Congratulations on paying off your loan! Electronics are very important and I wish you success.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$255.57

Date disbursed

Mar 13, 2017

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $10.67

Joseph opted to pay $53.22 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

G

GalantnostS

Hong Kong, Hong Kong

Straetman

Kaarst, Germany

C

czeisler

Hochheim, Germany

H

Hynek

Brussels, Belgium

B

briansedz

Canton, Ohio, United States

G D Export

Kolkata, India

Cloudways

Malta, Malta

B

bek88

Fairview, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

L

laidas

Vilnius, Lithuania

O

ommthree

Egg, Switzerland

DVM1417

Seaford, United States

T

tlsbreck

United States

N

NickLuder

London, United Kingdom

JOKer

Weisendorf, Germany

andreatagliatti

Manchester, United Kingdom

kalidanthepalidan

Denver, United States

T

Texikan

Fort Worth, United States

A

AileenH

United Kingdom

O

osubucks45

United States

A

adiipienaar

South Africa

Paul Buchheit

Mountain View, United States

G

gclimer

Chattanooga, United States

D

dm151

Australia

P

paulk

United States

C

chatterbox

Gurgaon, India

G

GayleR

United States

O

orilifsks

United States

G

gsh589

United Kingdom

C

charleen

United States

smastermind

Jerusalem, Israel

M

MikeP

United States

R

rwebb

United States

T

tehmle

United States

H

Heath

United States

Adrien Norulak

Zurich, Germany

S

stryker75

United States

B

beegkitty

United States

M

Meral

Germany

mysterry

Saint Lazare De Vaudreuil, Canada

Mike and Jacqui

United Kingdom

Darcy

Ottawa, Canada

Frank Termathe

Frankfurt Main, Germany

MZ

Matt Zirwas

United States

Cassian Opara

London / Dubai, United Arab Emirates

MW

Matt Willis

United States

Elly

Woudrichem, United Kingdom

MA

Mary Art Hunt

United States

PG

Paul Graham

United States

DL

Dan Lawrence

United States

Christopher Hey

Sudbury, Canada

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

Dean Suminski

Portland, Oregon, United States

A

Anonymous

United States

A

Anonymous

United States

JF

J Fister

United States

Melanie White

United States

Paul Buchheit

Mountain View, United States

E

Eric

Canada

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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