To add stock on electrical assorted items
Duke Melson
Nakuru County, Lanet Estate, Kenya
100% repaid
Entrepreneur
Name
Duke Melson
Member since
September 2014
On-time repayments
26 installments • 50%
About Me
Iam a family man and i live at lanet estate within free area of Nakuru county.Iam a diploma holder in electrical engineering and i started this business immediately after graduating.I purchase equipments for installation of cooling tanks since this is my profession.I like working hard and meeting targets to meet my goals.I love mingling with people who have succeeded in life and therefore borrowing a leaf for my growth and development. In this business, i have been able to meet my needs, feed my family and as well meet the demands of my clients. I have over ten years experience in this field and am more proud of it.
My Business
My source of income is from my business that i run by the name exodus electrical services.I source equipments( electrical) repair cooling machines for dairy cooperative societies, and sale the equipments as well at retail and wholesale prices.
I also offer consultancy services to such kind of companies .There is demand since most of the clients i deal with own diary firms and therefore of late there has been a lot of demand for cooling tanks.My business is always preferred since i always strive to meet targets and provide quality services as compared to those in the same field.My price in the market has a competitive advantage over others.The business is profitable because i source at cheap price and supply at a reasonable price. As well, i hand deliver to clients and that is why the demand and supply is good therefore higher income.Risks are averse in any business. Competition, marketing, pricing among others. I have overcome this by dealing with promotion services, research on market prices and as well on other regional market trends. My typical monthly cost goes to Kshs. 50,000 in sales and profit revenues.
Loan Proposal
My Business
My source of income is from my business that i run by the name exodus electrical services.I source equipments( electrical) repair cooling machines for dairy cooperative societies, and sale the equipments as well at retail and wholesale prices.
I also offer consultancy services to such kind of companies .There is demand since most of the clients i deal with own diary firms and therefore of late there has been a lot of demand for cooling tanks.My business is always preferred since i always strive to meet targets and provide quality services as compared to those in the same field.My price in the market has a competitive advantage over others.The business is profitable because i source at cheap price and supply at a reasonable price. As well, i hand deliver to clients and that is why the demand and supply is good therefore higher income.Risks are averse in any business. Competition, marketing, pricing among others. I have overcome this by dealing with promotion services, research on market prices and as well on other regional market trends. My typical monthly cost goes to Kshs. 50,000 in sales and profit revenues.
Loan Proposal
I intend to use the loan in purchasing of electrical equipments( assorted) that will be used for sale at retail and wholesale and others to be used in repairing and doing maintenance of cooling tanks.I therefore thank all my lenders who have really struggled and made efforts to see to it that i have secured this loan so that i can put it into the intended use and as well in making sure that i gain self reliance and sustainability both at the individual level, house hold level and business level. I do promise to be updating you as appropriate.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Dec 5, 2014
Repayment status
On Time
Projected term
6 weeks
Other loans
Ask Duke Melson a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.