Electrical cables to sell

Joseph

Mombasa, Kenya

99% repaid

Entrepreneur

Name

Joseph

Member since

February 2017

On-time repayments

148 installments  •  32%

About Me

My name is Joseph Karimi. I am a family man with a wife and 4 children who are all in different stages in school. I was born in central Kenya where people are mostly farmers. The area is highly population and there is high competition for resources. This necessitated my relocation to Mombasa soon after finishing my formal education.

I joined my relatives in the coastal town of Mombasa where I started a small business of selling hardware items such as building and electrical materials. I am a hard-working person who is trying to secure his family's stability through hard work and discipline.

My Business

I am a businessman doing business in the town of Mombasa, Kenya. I deal with selling hardware materials for use in construction sites. This includes electrical cables, plumbing materials and common tools such as spades and hammers. I am a father of 3 children all in school.

My wife is also in business but she sells dry cereals in another part of the town. I work very hard to provide for my family and secure their future. We both hope to grow our businesses and turn them into big stores.

Loan Proposal

I will use the money to buy a few rolls of electric cable which I will the sell to my clients from my store. These cables are always on high demand due to many houses being constructed around my town.

I hope to make good profit from the sale of this cables and this coupled with my sales for the existing stock will help me a great deal. This will mean a better life for my family.

Thank you very much.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.00

Date disbursed

May 11, 2017

Repayment status

On Time

Projected term

2 months

Lenders

MarktheMormon

Sandy, Utah, United States

R

Rembrandt

United Kingdom

Paul Buchheit

Mountain View, United States

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  • Grace    Jul 9, 2018

    I spoke to Joseph and he promised to clear his arrears this week.

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  • Joseph    Mar 6, 2018

    My business is not doing well. I will be paying KES 100 until it improves which I hope will happen soon. Thanks.

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  • Joseph    Oct 21, 2017

    I will use the money to buy pipes to sell to my clients.

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  • Joseph    Oct 13, 2017

    I was able to buy more stock of hardware materials which I later sold at a profit. I hope to get another loan and buy more items as this will increase my sales.

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  • Joseph    Oct 3, 2017

    Thanks a lot. My business is thriving because of your support. Challenges still abound but I I am confident I will overcome them with your additional support when I get my next loan.

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  • Joseph    Aug 14, 2017

    Thanks for the loan. I will use the money to re-stock my business so as to increase my sales. thanks once more!

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  • Joseph    Aug 6, 2017

    I was able to buy paint which I then sold off and made some profit. Thank you very much.

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  • Joseph    Jun 23, 2017

    Thank you for your timely funding. I will buy a stock of paint which I will then sell at a profit.

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  • Joseph    Jun 16, 2017

    I was able to buy some cables which I sold at profit. Thank you very much.

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  • Joseph    May 10, 2017

    A big thank you to my lenders for the loan and the entire zidisha team. I will use the money to buy the cables as stated on my proposal.

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  • Joseph    May 10, 2017

    thank you lenders for the money you gave me for the last loan. I managed to buy more stock with the money.

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  • Joseph    Apr 4, 2017

    Thank you so much for the loan. I will use the money to expand my business by buying more stock.

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  • Joseph    Feb 27, 2017

    Thank you so much Humble Bundle Community for funding this loan. I will use it as indicated on my loan proposal.

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