Oil and parts for motorcycle business

Priscilla Ngetich

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Priscilla Ngetich

Member since

June 2015

On-time repayments

132 installments  •  88%

About Me

I grew up in a small village in burnt forest and went through, primary, secondary and university, i started working with ministry of health in 2005, but since then i have not been able to make any savings to prepare me for any retirement. so i decided to start a business which i look forward that it will grow and be my support after i retire and become a legacy to my children.
I have been able to borrow zidisha loans twice and been able to repay on time. zidisha had taught me to be patient and start small am very greatful to the lenders.

My Business

i deal with motor cycle spare part in uasin gishu county Eldoret , in a outskirt of eldoret a place called Rody, i sell things like tyres, schock, bulbs, etc. all the parts of the motorcycle. this goods are very much in demand because there are many motorbikes in eldoret area, my running capital at the moment is 200,000/= ($2000) i wish to grow it to be awhole sale in the sorrounding. currently i reinvent all the provit to the business as i would wish that it grows. i buy the stock from nairobi yog company and uganda. i want to be the major supplier in the region.
my last loan i used to increase my stock and my shop is looking improved am very proud of my progress am looking forward for a bigger loan.

Loan Proposal

when i get the loan i will by oil for motorcycle, this will increase my turnover in business since i keep running short of oils. this will cost 21 thousand and give me a profit of 5 thousand , the remaining money i will buy tubes which i also expect a profit of 4 thousand. Kenya shillings.
this will increase the number of customers coming to my shop and also increase my profit margins

Feedback

11

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Loan Info

Project Type

Classic Loan

Disbursed amount

$366.40

Date disbursed

Jun 16, 2017

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $16.19

Lenders

AltruisticSelfishnes

Chicago, United States

Ambrose

Calgary, Canada

P

paradoqs

boulder, United States

johnandmoliehi

Canton, New York, United States

Kysera

Crawfordsville, United States

S

SelvaMarcus

Green Cove Springs, United States

J

jared4

parowan, United States

W

William

Los Angeles, United States

J

Jeb33red

Bourne end, United Kingdom

T

the0bauman

Hillsboro, United States

mtnsailor

Harrisonburg, United States

jhealy87

Silver Spring, United States

A

Andy

Berlin, United States

nmatpt

Lisboa, Portugal

indrayudha

Jakarta, Indonesia

TraciV17

Indianapolis, United States

D

Dutch_lender

Leiderdorp, Netherlands

somuchjackson

Boston, United States

M

markus61

cologne, Germany

R

richdullaghan

Encinitas, United States

D

dj9812

United States

O

osubucks45

United States

J

Jonas

Linköping, Sweden

Paul Buchheit

Mountain View, United States

lyalljellyman

Wellington, New Zealand

larry

Sweden

E

ewaters1

Australia

JP

James Parker

Sacramento, United States

SMOICE

Berlin, Germany

Jake Badger

Roskilde, Denmark

K

Katrine

Drammen, Norway

E

erica

antwerpen, Belgium

V

Vivek

Arlington, VA, United States

DC

Dan Crosby

United States

PG

Paul Graham

United States

Kyle Holohan

United States

Eugen Stamm

Zurich, Switzerland

Christopher Hey

Sudbury, Canada

Cliff

United States

Tim Sharpe

Adelaide, Australia

RC

Roy Chicky Arad

tel aviv, Israel, Israel

TO

Thomas O'Neil

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

D

Dalton

San Francisco, United States

Haroon S

United States

The Weltys

Averill Park, NY, United States

JF

J Fister

United States

Christian

Vienna, Austria

D

Dave

Dropmore, Manitoba, Canada

L

Liam

New Zealand

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

JB

Jane Bean

United States

Mark Rowlatt

Peterborough, UK, United Kingdom

L

Laea

Canada

B

bburritt

San Diego, California, United States

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

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