Add more lubricants to my stock

Winnie

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Winnie

Member since

February 2014

On-time repayments

100 installments  •  72%

About Me

My names are winnie sumukwo. Am a mother of two children ages 15 and 12 respectively , i live in Nakuru county in the estate of kendlands am a business lady i dealing with motor vehicle auto parts , i have diploma in business management , i was interested in this business because i had woked for a similar spares shop and i was motivated to open mine, i do purchase more spares from the money i get.I source my spares mainly from Nairobi. My vision is to expand my spares shop so that i might be able to import goods diectly from Dubai, Japan and other countries.

My Business

The motor vehicle shop is mine i sell mostly Toyota parts like shock absorbers , Ball joints , Tie rod ends , Engine oil, Oil filters , Grease, Bolts , Body parts like front and rear lamps , corner lamps, wind brakers, and many more. my customers like my shop because of the services i offer them , the challenges i face is when they purchase the spares and they do not pay back, the business is profitable it does not ave fixed prices i do get 10000KSH after deducting my expenses also paying my revenue, I will purchase more stock when i get the loan more especially first moving goods.

Loan Proposal

when i get hi loan it will help me improve my business in the following way.i will buy more engine oil which i will buy at 14USD and sell at 18USD,gear box oil @ 16USD And sell at 20USD,power steering oil @ 15USD and sell at 20USD and motor honey @3USD and sell at 5USDall these lubricants are motor vehicle service accessories which will improve my customer base because previously they would get filters only and now when they want o service their vehicles they will be getting all the parts and accessories at one point.

Feedback

5

None

None

  • David    Oct 29, 2019

    Loan was originally scheduled to take two months. Smaller payments and a payment gap extended the loan to four months, but I am pleased to see the loan cleared.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$143.00

Date disbursed

Jan 14, 2015

Repayment status

On Time

Projected term

3 months

Lenders

Sideburnjack

Conroe, TX, United States

investor

Candiac, Canada

Kitty

Hailsham, United Kingdom

Kjartan

Oslo, Norway

SkyWalker

Stromberg, Germany

Zal0m0n

Atlantis!!!! x), Mauritania

A

ask21900

Cedar Rapids, United States

Matthieu

Switzerland, France

joshuacollinson

Vienna, Austria

DF

Dennis Furr

United Kingdom

KM

Kirsty M

United Kingdom

WA

With a little help

Groningen, Netherlands

CC

Catherine CatDesignz

Halifax, United Kingdom

HC

Howard Cheng

New York City, United States

Fabian Linzberger

Vienna, Austria

Ask Winnie a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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