West link electrical & hardware

Vitalis

Maili Kumi,nakuru, Kenya

100% repaid

Entrepreneur

Name

Vitalis

Member since

August 2015

On-time repayments

16 installments  •  63%

About Me

My name is Vitalis Kiplagat from nakuru county. I was born in Kabarnet,Baringo County.I am the Second born in my family of Three Brothers and one sister, i went to Kipkaech primary school for my primary education, I latter Joined Kituro High School and Later Kenya Methodist University.I started Being sales executive on commission basis at Nakuru Town,I started saving each and coin i received from my then employer,While on my daily duties one day i was told by certain Headteacher that they require urgently Electrical material worth KES.5,000, I came to town with the list of materials to be supplied,approached an Electrical shop owner in town to give me the supplies and keep my phone in exchange until i payback,Lucky enough i was given supplies worth Kes.2,130 later i took to school and given Kes.5,000 from that time i realised Electrical material fetches 100% profit and started,Though without shop.

My Business

I deal with Electrical and Hardware materials,Following current rate in real estate these materials moves faster,Also these goods fetches 70-100% profit,where 30% goes to transport and 20% goes to government Tax and 2% staff,Meaning Profit after Tax will be roughly above 20%,I use 50% of the profit for investment and 50% in school fees,Daily family needs

Loan Proposal

From the above request and Having a Local Purchase Order in Hand of Kes. 15,625 or 152 Dollars, I will Buy Electrical items Worth Kes. 8,137 or 79Dollars and supply to a Local school in 2days time from Disbursement date, Payment are Made by the school on delivery. Meaning my profits will range from80-90% of what i will supply. Meaning by Settling the Zidisha full amount i will have pocket same amount as profits.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$75.00

Date disbursed

Nov 3, 2015

Repayment status

On Time

Projected term

5 weeks

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

dlpringle

Denver, United States

MW

Matt Willis

United States

PR

Paul Rausch

United States

John Minges

United States

Anonymous

Ocoee, United States

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