Bryson
Manyatta, Kisumu, Kenya
8% repaid
Name
Bryson
Member since
March 2015
On-time repayments
35 installments • 3%
I am Brison Limozi, coming from a poligamous family of 12 brothers and sisters. I being the second born.
Luckily, I was able to go through primary school, and secondary education despite constant family feud and internal wrangles.
After secondary education, I left home and joined a group of young boys as a street boy and later got a scholarship to study sales and marketing in a college in Nakuru.
Now, I have attained Diploma level in my studies.
At the moment, I`m trying to establish myself as a supplier of drinking bottled water and cleaning detergents to government Parastatol from savings I got when a casual worker.
I started this business by registering a youthful business name in local government.
I love reading motivational books and Bible during my free time.
I love making friends which has made me learn a lot in life.
I supply bottled mineral water of quantities 200ml, 500ml, 1litre, 1.5litres, 10litres and 25litres. I also supply liquid detergents for cleaning tools, machines and buildings. I majorly supply them to government institutions both county and national.
This business is good because most tap water available in offices are not pure and healthy for drinking.
I normally write them a proposal and get tenders which I do win despite competition. I don`t overcharge them as others. That`s my secret to win. I also include taxes.
I normally get tenders of averagely $500 per month. Once I deliver, they pay me after 2 weeks. My expenses run at $380 including my capital.
This leaves me with a profit of averagely $120 per month.
I intend to increase my customers which will require me to have capital back up. Currently, I plough back my profits into the business.
If I can get a boost in my funds, I will appreciate to increase my capacity to supply.
I want to boost my capital to buy products because my customers normally pay me after 45 days.
I deliver products and they pay me using a cheque after 9 weeks. This normally make my capital dormant for sometime.
When I get another order before payment of the prior delivery,I will be in a position to deliver and sustain my clients.
I will benefit my producer, his employees, the person whom I deliver products to on time and community who uses my products domestically.
I expect an increase in profit making by 15% in the next 3 months.
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Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Apr 20, 2015
Repayment status
Late
Projected term
8 months
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