Add stock to my business

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

I am in the process of reorganizing my shop because I got the mpesa line and for one year now I have been offering mpesa services from safaricom and now I want to include airtel money . That will make it easier for my clients to pay for the spares they have bought from me without looking for the services elsewhere. I will use the money to add to my float so as to increase my profits.

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

$129.00

Date disbursed

Aug 22, 2016

Repayment status

On Time

Projected term

3 months

Lenders

The Zinc Team

San Francisco, United States

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