To electronic spare part

Silifanoes

Kakamega, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Silifanoes

Member since

June 2015

On-time repayments

62 installments • 74%

About Me

i am the first born in the family of six my dad a casual worker and my mother a house wife, we grow up in poverty since my parents were not working and this made all of us not to get better education, i personally only managed to go to school up to the certificate of primary education and am the only one having that in our family.
Five was not good to us as a family and i decided to join my dad in casual work on construction sites at the age of 14 years, and after working for about 2 years, my dad advised me to join in an electrical work shop so that i can train as an electrician and that i ended up becoming electrician and selling electrical s.
In our culture the most unique thing is traditions how things are done i believe is unique.
I have four children 2 boys 2 girls and all of them want to be professionals, no one talks about business.

My Business

since i was not able to get good education i decided to start business, i was also not easy because i did not have enough money to start the business, but through friends and also borrowing from the bank i was able to start a small business and now it has grown able to my bills, without big struggle.
I chose this kind of business because when my father took me to train as electrician i developed a desire to this kind of business and that is why i had to start the business, and it is really doing very well.
However in every good thing there is a challenge, and the challenge that i have experienced is about the loans with high interest rates from the commercial banks, also the business is seasonal some seasons the sells is high and sometimes is low, but still i could make profit.

Loan Proposal

I do repair electronics and sele them,that's why i am applying for this loan so that I can add stock to my shop to grow my business.
This amount of money will improve my business and also grow my capital,so please consider my application to help me grow economy,
We never had search opportunity in our continent of getting a loan with low interest rate, that is why we are so greatful for this organization.