Restock equipment and spare parts

Entrepreneur

About Me

Am a jovial go-getter and I seek to make the best of small opportunities and turn them into a gold mine. My business came about as a venture to give myself extra cash but through the many ideas I received I discovered I was sitting on a fortune which I exploit everyday. Having a humble childhood with people who didn't believe I could make it has steered my morale all through. I love singing as a hobby and am a worship leader in our church and because of my knowledge in sound systems and electronics I serve very well in the technical and sound department. I have a passion for singing and often on my free time i teach my peers how to play advanced chord piano and in keys such as G E and F sharp am looking forward one day not only to run one enterprise but but a series of them both in product and service. Having done numerous job what motivated me was the need to have a side hustle and thereby I was able to think outside the box and come up with an electronic repair warehouse and having my knowledge coming from books classes and materials online especially from cybrary.it . I term myself privileged and one thing I know and understand there is no one who is alive that is poor we all have something to give.

My Business

I run a service venture in mathare area one located at Nairobi eastates where in my shop I deal with repairs of electrical items and maintainance. This includes repairs of DVDs, mobile phones and computers. The area am in is in demand for expertise of such items which i posses on the other hand apart from running this business i have a full time job at an advertising company which assists me in covering my expenses therefore i suppliment my earnings thereby eliminating the possibility of becoming solely dependent on my business my aim is to open more branch shops of my kind and serve many as possible.

Loan Proposal

First I wanna thank Zidisha for my progress do far having found this family has helped me alot . Since my venture is a service firm. I wish to restock on equipment worth $100 broken down as follows:-

-screw driver kit worth $15
- A roll of soldiers wire 50m worth $12
- phone blowing machine worth $72
also my spares are not enough to meet the current demand so I will need spares worth $ 120 broken down as:-
- Lighting bulbs worth $ 70 (energy saving ones)
- Coaxial cables worth $20
- Charging adapters for mobile phones costing $30 with its connecting extension cables.

Furthermore I am in need of a makeover for my shop which needs a blowing machine and lighting system set up and the blowing machine is $20 while the lighting system will cost $1

This loan will enable me regain balance as I pay it from the proceeds therein. I see my profit margins increasing as they have been doing with the estimate of making $5 to 8 bucks a day. Thank you thank you Zidisha. With the proceeds I anticipate to pay for my brother's tution fees and enable my sister pay for her exams which she is sitting this year. Am very optimistic this year.

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