Inventory of energy-saving lightbulbs for appliance shop
Victor
Nakuru Town, Kenya
100% repaid
Entrepreneur
Name
Victor
Member since
May 2014
On-time repayments
68 installments • 81%
About Me
I am Victor Kipkurui aged 27. I am married and a father of one child. I have a diploma in Banking and Finance from Rift Valley Institute of Science and Technology. I live in Kabachia Estate Nakuru Town, Nakuru County opposite ebony wooden gate plot number 146.
I started my business of selling electrical appliances in 2011, just after completing college. I started it because I saw growth in demand for electrical appliances in my town.
I will use the earnings from my business for expansion, payment of my bills and looking after the welfare of my young family.
My Business
I sell electrical appliances in Nakuru Town, Nakuru county behind Rift Ralley Sports Club next to Gilanis supermarket. Nakuru is a fast growing town, that has created a high demand for electrical appliances because of the new residential housing developments. There is also a great need for their repair, replacements. My electrical shop thrives because I provide quality appliances coupled with good customer service that I have developed over the three years in business. I generate between USD 190 and USD 280 profit per month which l use to add stock to the business and support my family. So a Zidisha loan will help me increase stock and also open other outlets, providing employment to others and helping me run and grow the business.
Loan Proposal
when l get the loan will be able to get the customers the electrical appliances that is best suited for their homes.the government currently emphasizes on the use of energy saving bulbs and having seen a market in that, that is what i want to bring more in my shop.I will use 100 dollars on energy savers and 50 dollars on building shelves to put the stock.proceeds from this business i will use to augment my business and pay the bills.
About Me
I am victor kipkurui aged 27. I am married and a father of one child.I am a diploma holder in banking and finance from rift valley institute of science and technology.I live in kabachia estate nakuru town, nakuru county opposite ebony wooden gate plot number 146.
I started my business of selling electrical appliances in the 2011 just after completing college.I stated it because i saw a demand in the electrical appliances in the town which is fast growing.
The earning from the business i use to expand my business , pay my bills and look into the welfare of my young family.
My Business
I sell electrical appliances in nakuru town, nakuru county behind rift valley sports club next to Gilanis supermarket.Nakuru is a fast growing town and hence there is high demand for electrical appliances both for repairs , replacements and new fittings in developing residential houses in town and its environs.There is alot of competition in town as many people have opened electrical shops but mine thrives because I provide quality appliances coupled with good customer relation that i have developed over the three years in business.My business generates between USD 190 and USD 280 profit per month which l use to add stock to the business and support my family.So Zidisha loan will help me increase stock and also open other outlets hence providing employment to others to help me run the business.
Loan Proposal
when l get the loan will be able to get the customers the electrical appliances that is best suited for their homes.the government currently emphasizes on the use of energy saving bulbs and having seen a market in that, that is what i want to bring more in my shop.I will use 100 dollars on energy savers and 50 dollars on building shelves to put the stock.proceeds from this business i will use to augment my business and pay the bills.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jun 5, 2014
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
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