Name
Peter
Member since
March 2013
On-time repayments
17 installments • 35%
l am a mechanic by profession and do repair all sort of motor vehicle.l started this after being trained in the year 1992 from a local technical institute. And after working in several garages and gaining experience l decided to start my own spare parts shop in Nakuru town.l normally get the stock from Nairobi and mostly stock the toyota spare parts since they are easily available and have market compared to the other type of motor vehicle. l make sure that my prices of my items is relatively cheap so as to attract more customers.
Although there is alot of competition here in Nakuru l always ensure that my goods are genuine and cheap so as to retain the customers and because am a trained mechanic this has enabled me to network with most of my customers.l normally buy a stock of ksh 100,000 per month and my sales revenue is normally around ksh 180,000 per month.l have managed to employ one young man in the shops to help me with the sales.since this is a spare part shop there is no major risks of the business.if advanced the loan this will enable me to add more stock and expand my business.
dear my lenders, am so grateful to zidisha organization for giving me yet another chance to apply for my second loan.this is great to me.with this second loan, am going to add more stock in my auto spares shop, so that i can be able to serve more customers accordingly.am going to add more oils and other parts and accessories which are in high demand in my shop.
Positive
None
Neutral
1
Negative
None
Project Type
Classic Loan
Disbursed amount
$362.00
Date disbursed
Dec 1, 2013
Repayment status
Late
Projected term
12 months
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