Entrepreneur

About Me

I am raphael kimani from wanyororo b,bahati division,nakuru north district.I am married to jane wairimu with whom we bare three children.I joined olobonata primary school in 1987 and sat for my kcpe in the year 1994 whereby i managed to score a b- grade.in 1995 i joined solai secondary school and sat for my kcse exam in the year 1998 scoring a mean grade of c+.I later joined a technical school for electrical training and i attained grade 2.In 2002 i started an electrical shop which dealt with buying and selling of electrical appliances.The earnings that i get from my business are used to purchase stocks and for my daily upkeep of my family.

My Business

My business is located in wanyororo b trading center.The business goes by the name of raki electronics and electro shop.My business offers a variety of good and services which includes;electrical installation in business premises and domestic,electronics repair which includes television sets,computers,radio etc.I also sell day to day essential electrical appliances like,bulbs,bulbs holder,sockets,switch,consumer units,isolator,cables in different sizes.My customers prefers my services because of the quality of goods and services that we offer at a fair price.The business is profitable because from it am able to get my daily upkeep of my family and to run day today operation of the business.my main risk in my business is insufficient stock.My monthly cost is about 30000ksh and my sales revenue is about 55000ksh thus getting a profit 0f 25000ksh.(This figures are not constant because they vary at the time of the year)

Loan Proposal

The first amount given will be used to purchase first going goods for my business.this includes bulbs,sockets,bulb holders,florescent bulbs,switches,cables,tacking nails,tracking,conduits etc.This goods will increase my sale revenue thus i will able to repay the loan on time and expand my business and the services that i will offer to my clients will be sufficient thus increasing the number of my customers and offering a high competition to my competitors.

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