Buy painting brushes and painting roller

Timothy

Madaraka, Kenya

100% repaid

Entrepreneur

Name

Timothy

Member since

May 2017

On-time repayments

120 installments  •  11%

About Me

im firstborn in a family of three .my mother is a single mother.i have two sisters one in highschool and the other in in std 8.i studied in tuigo primary school and then went to st joseph highschool.i am doing a mechanical engeneering (craft couse)in a project sponsered by kenyatta university.it has always been my responsibility to help my mom out.over school holidays and after i finished form four with grade C i would go with my neighbour he was like a father to me,to the building site where he works as the foreman.i would do small tasks and get paid.this is how i became a painter and i nurtured that skill learning all i could.
in my culture we love groundnuts we can even ground them and make flour which we can make ugali or porridge with it.when i came to nairobi groundnut is just anut that you fry to eat as asnack
i want to create a stable economic enviroment for my children to have the the freedom to choose.i love technology i love machines i studythem any time i get an opportunity

My Business

I am a painter.igo to aclients home or place he wants painted i assess the wall,some i give list of things wanted others i supply.and then i do the paint job.when i supply i would go buy the paint at wholesale price of 10$-13$and supply to client at 18-20$.i also hire out brushes to other painters depending on its width 1.50-2.50$per day.real estate is booming but there is very big competition for painters are so many so it must be high quality job and use high qquality brushes.in future i would want to keep a shop and sell all painting implements eg paints brushes rollers overalls the digital mixer the helmets wall filler and glues.on a typical job i make 50$,in hiring out my brushes 8$.i also sell the brushes having bought them at3-6$(different sizes)selling at 3.50-10$.painters are now going for rollers as market demands quality job and in done quickly i hire it out at3.50$.typical cost s are fare to industrial area to buy at wholesale from factories and to the sites i tr to keep it small by eating cheap meals and walking where it is possible
i help my mother out with my sisters fee i also buy a sofaset for myself and a tv .i want to have areally beautiful home for myself and have also bought new things for my sisters

Loan Proposal

i would buy rollers at6.50$ for hiring out also the brushes have a steady supply i buy the most commmon widthof 4"at 4$and mix with a few asssorted sizes
this will establish me as areliable source to my fellow painters and that would increase my profits.at times the brush wears out and one is at site and cant rush to the shop they will start relying on me knowin g they cant lack

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$53.00

Date disbursed

May 31, 2017

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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