Entrepreneur
Name
Patrick
Member since
May 2015
On-time repayments
128 installments • 56%
About Me
I was born and brought up in Lamu district in Kenya. Growing as a fourth born in a large family of 11 sibling was a great challenge to me because my poor family could not afford us a standard lifestyle. Despite being very bright in school my parents could not take me to high school just like the rest of my siblings. I was devoted so I repeated in class 8 for three years till my teachers joined hands to take me to a Alliance High school. After learning and completing my degree in the university of Nairobi I could not go back home due to the alshabaab terrorists activity in the area. I approached a hardware supplier with my laptop as my capital. He gave me some goods that I started my bussiness
My Business
I operate a small hardware store where I collect orders from small construction sites and small hardwares in the interior for very light hardware. These goods are normally imported by some people in the city. Building material and fitting are in high demand owing to the booming real estate business. I have been doing the supply for two years now but my major drawback being lack of sufficient capital. 80% of all net profits i plough them back to this bussiness as i use the20% on social needs. I would really want to bring aboard two of my elder brothers living in Lamu in their destitute plights but am pulled back by lack of operating capital. I have founded my business in an initiative to change lives for my customers and people back home. I love visiting orphanages and the poor during my free time.
Project Proposal
Door locks have been in high demand and many clients have been asking for the locks from my hardware shop. However due to the constrained economy I have not been able to stock the locks. I look forward to buying 30 locks @ ksh. 800 and sell each at ksh. 1000 thereby making a profit of about ksh. 6000 in total within 2 weeks. With this money i will be able to retain an employee who I am at the verge of laying him off.
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Project Info
Project Type
Pay It Forward
Disbursed amount
$69.00
Date disbursed
Aug 23, 2023
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