Restocking the second hardware store

Entrepreneur

About Me

My names are Joseph Ngumi Nganga. I was born in Nakuru county at a place called Rongai. We have lived in Rongai with my family for many years until I relocated to Nairobi in Dandora estate in the year 1990. I am a father of four children who have all completed schooling. They have also gone to college and successfully completed their courses. I live in plot number E429, Dandora phase Five. I operate a hardware shop at the estate and this has been a business that I have operated for more than twenty years.

My Business

My business of a hardware shop I started in the year 1992. The business is located in Dandora estate and at a strategic place where customers can be able to get the services easily. The main items that I sell in the hardware shop are cement,iron sheets, nails, wheelbarrows, barbed wire, mesh wires, and many other stuffs involving building and construction. This is a good business here especially with the opening up of other areas which require building and construction materials. the main challenges that affect the business are fluctuating prices of these items that I sell which is usually affected by world prices of fuel.

Loan Proposal

Describe what you will do with the loan in at least 200 character
having open up a new branch of hardware.. i using the previous loan and profit received i would like to add more stocks in this hardware..the location of the new hard ware is good since its in a place where people are building residential houses ..with more stock wil cause me to make more profit

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Loan Info

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