Business: Electronics Shop
Location: Molo Town
Years in Operation: 2 Years
Amount needed: $400
Brian Nyagero is a hardworking and passionate budding entrepreneur with a desire to make a name for himself in Molo town while influencing lives at the same time. His business has been in operation for two years, a period in which he has learnt a lot and grown immensely. He started out with a capital of $2000 setting shop in Molo town and stocking it fairly with fast moving electronic gadgets and appliances.
Within a short time, he has earned himself many customers who are attracted by his pocket friendly prices and good quality products. Besides his electronics shop, the electrical engineer also engages in contractual electrical works in schools, institutions, businesses and homes. On these field works, he engages the labour of temporary employees to help him meet deadlines and his clients’ expectations. He also sells Liquefied petroleum gas just outside his shop.
Brian is seeking $400 from MHML to be able to cater for the salaries of the employees who he worked with in his March-April 2018 field contracts. His payment for the work won’t be due in a while and he doesn’t want to keep them waiting so long for their families depend on them. He can easily repay MHML’s loan from the proceeds of his electronics shop thus grabbed at the chance of affordable credit.
He is a visionary entrepreneur who envisions a better future for his venture and his community at large. The services and products he offers his clientele have not only created jobs for other people but continue to enable him to provide for the needs of his young family.