Entrepreneur
Name
Obuya
Member since
February 2014
On-time repayments
293 installments • 9%
About Me
I am Obuya Simeon Mabea, My village is near Keroka Town, About 1 Km from Keroka, along Nairobi Kisii Highway. I am a university Student, completing my bachelor of arts (Communication and Media). I believe in self-employment and look forward to creating jobs for others.
I have been Sewing clothes since I completed my Secondary School in the Year 2008. I started the business from the savings I made after teaching for 6 months as Untrained Teacher at Nyanchonori Secondary School. I decided to start the business so that it can fund me during my College times that were to begin in the year 2010, which for sure did. I also wanted to begin something to help others, those who were unable to join University. I started with two village friends who up to the present are my employees.
The business was able to generate an average net profit of four thousand every month. I now look forward to building an empire of diversified network of businesses after I have completed my Education. I am currently in the process of Finding starting capital for the yet to be established businesses.
My Business
I own a sewing Business where I mend High school uniforms. I also repair local people’s cloths at a cheaper price. I developed the business after researching and realizing that people needed to uniform supplies. I started with one sewing machine donated by my mother. I started with two trainees who used to assist me satisfy the demand.
My main objectives are to provide solutions and create employment to high school dropouts who never managed to go to college.
I currently want to expand my second hand (Mitumba) business to supplement the sewing business. I now own two sewing machines which I have recommended my initial trainees (currently my employees) to start training others.
I also have plans to start a local station come studio to cater for the upcoming local artists at affordable price. My vision is to own vision 2030. The slogan is to pull Development and give back to the community. Also, I am thinking of yet another business that will offer cheap medication to the poor sick in my village.
Loan Proposal
I have done a research and realized a problem with brand new cloths purchasing by Kenyan. Most people who comprise middle level earners opt to go for second-hand clothes because they are cheap and affordable to them. I therefore felt a desire to begin and expand my business by having branches in many business centres.
I recently gave it a trial and started a Ksh 5,000 purchase which makes a profit of about 3000 shillings withing two weeks.
I look forward to opening two branches on top of the current two, as a way of providing solutions to consumers, at the same time improving my living standards and business empire.
Thanks in advance for your offer.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 17, 2014
Repayment status
On Time
Projected term
4 months
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