Entrepreneur
Name
Moses
Member since
July 2015
On-time repayments
193 installments • 49%
About Me
My name Moses and am so crazy about the outdoors, camping and adventure. I was born in Kisumu but lived most of my life in Nairobi. I schooled at Highway secondary school. Then pursued a diploma in Electrical Engineering at the Kenya polytechnic.
During my primary and high school years i had this great desire to go for camping but my parents could not afford to pay for any of these trips whether by school or church. The desire for camping was so great that i looked for every opportunity to go for a free camp through joining the scouts and st. Johns ambulance clubs in high school.After college i started volunteering to help at kids camps at the scripture union of Kenya and later trained as a team building facilitator through Young Life USA. This equipped me with the necessary knowledge to be able to plan and facilitate group camps to finer details.
With this knowledge at hand i venture out to start my own events management company. I facilitate Team building as well as organize and facilitate low budget affordable group camps for kids and youths from different institutions.
Kenyans are becoming more and more interested in spend their holidays on a camping trip and hence a high demand for camping Equipment. I believe that I am strategically placed to meet this emerging need.
I am married with two kids.
To sum it up, my hobby actually ended up becoming my carrier.
My Business
I am an events manager, i facilitate Team building for corporates and run group camps for various institutions. I also hire out camping equipment such as Tents, sleeping bags, cutlery and camping activities equipment .
Kenya is a fast growing economy .This mean more investors, companies and job opportunities. As this happens , it open more opportunities for companies to include team building as part of their day to day running. For this , they need competent team building facilitators which i 100% believe i am.
I chose to venture in this business since it first of all give me satisfaction, secondly i get to meet peoples need and help them come up with applicable solutions and lastly it brings food to my table.
A team-building session will give me an income of between $100 to $ 1500 per day depending on the size of the group that i am facilitating.While for the camping tents, i charge $ 2 per person per day .
At the moment my business is still picking up and i cant afford to have full time employees.I normally hire casual laborer who i pay from the profits. I also use the profit to support my family and keep my kids in school.
A part from this a large amount of my profits go to towards Education and provision of basic needs for orphans at Green Village Hope Children’s Home ,a children’s orphanage that helped found and direct. It is based in western Kenya. Feel free to visit our website www.greenvillagehope.org or search us on Facebook. This is home to 24 orphans and vulnerable Children. Right now we are constructing a boys dormitory and community early childhood education school.
My ultimate goals is investing in a property for my own campsite.
Loan Proposal
I rent out camping equipment ,mainly camping tents.My challenge is the demand is currently higher that i can supply. I have turned away many groups in the recent past. I am able to cater for groups of up to 100 people but i have had groups of up to 600 people request for tents. It cost me $35 to buy a tent and need 100 more which translates to $3500.
With, this i will be able to meet my clients' needs which will ensure that i keep them (since i have what they need) and also for me as a person it will help me save time and money that i loose through the hassle of outsourcing and referring. This eventually translates to more profits for the business.
I project higher profits as it take s about 3 time of hiring for the tents to repay their buying cost.I expect the profits to get up to $12 per tent. for the 100 tents that will be $1200 every time they are hired after their third trip.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$97.00
Date disbursed
Sep 9, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Tromso, Norway, Norway
Taiwan
Netherlands
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