Joseph

Gilgil(nyama Choma), Kenya

Funds disbursed

$0 to go

100% funded of $50 goal

0

days left

Entrepreneur

Name

Joseph

Member since

November 2013

On-time repayments

15 installments  •  0%

About Me

My name is Joseph Mbugua Kamau. I am 38 years ,married and has two children ,a boy and a girl.I completed the secondary level of education in the year 1993. unfortunately I could not continue to college due to family financial constraints.I started working as a Matatu tout (conductor), a job that I did for six years . I later got a job at Kenya electricity generating company (KENGEN) with a contractor who was drilling steam wells for the company. After working for almost three years , I was involved in an accident when in action and inhaled poisonous gasses. Upon recovery I was dismissed and compensated. With the money I got I started a hotel business and later changed to a pub/ bar and butchery business that I do up to date.

My Business

My business involves buying liquor (beer) from the producers deport in my locality stocking in my pub and selling as a retailer. I also have butchery in an adjoining room where we sell meat to our customers .Currently I have three assistants including my wife .
On an average day I buy and sell about 10 crates of different drinks. I also sell about 30 kilograms of meat. When I pay my assistants and other running costs, I make a profit of KES 1500 per day. This I use to run my family and other investments.

With the money that I have saved and the loan from ZIDISHA, I intend to install a DSTV system in the business premise. This will automatically increase my sales since it will attract more customers.

Loan Proposal

when i secure the credit, i intend to combine this with my savings and install a Dstv sytem at my business premise.the market price of the decoder, dish and installation is about kes 13000.from this investment, i will increase my customer base and so also the profit will increase especially this season due to the premier leage matches as well as the world cup later this year.i look foward to your support

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jan 20, 2014

Repayment status

Late

Projected term

3 months

Lenders

A

Anninymouse

Southampton, United Kingdom

C

CWS

Huntington beach, ca, United States

Sarasota

Sarasota, Fl, United States

Ask Joseph a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Saul    May 19, 2014

    hi lenders,i tried to contact joseph kamau today at 11.25 am and he was off.i then decided to contact one of his relative which he provided as number one.luckily he was his wife.he told me that he will pay the loan for him as from these month(wife) as his husband was depressed as he was attacked and stolen on his business.
    i will be checking on his wife later these week to find how far on the progress of repayments.
    Thank you so much

    Log in to reply • Share


Loading...

Loading...

Loading...