Oil and parts for motorcycle business
Priscilla
Eldoret, Kenya
100% repaid
Entrepreneur
Name
Priscilla
Member since
June 2015
On-time repayments
142 installments • 87%
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
Positive
11
Neutral
None
Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$367.00
Date disbursed
Jun 16, 2017
Repayment status
On Time
Projected term
2 months
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Summary
Amount repaid
$366.40
Amount remaining
$0.00
Date repaid
Aug 25, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 23, 2017 | $40.50 | Jun 23, 2017 | $40.50 |
| Jun 30, 2017 | $40.50 | Jun 30, 2017 | $40.50 |
| Jul 7, 2017 | $40.50 | Jul 7, 2017 | $40.50 |
| Jul 14, 2017 | $40.50 | Jul 19, 2017 | $40.50 |
| Jul 21, 2017 | $40.50 | Jul 19, 2017 | $18.47 |
| Jul 28, 2017 | $22.03 | ||
| Jul 28, 2017 | $40.50 | Jul 28, 2017 | $40.50 |
| Aug 4, 2017 | $40.50 | Jul 28, 2017 | $28.35 |
| Aug 15, 2017 | $12.15 | ||
| Aug 11, 2017 | $40.50 | Aug 15, 2017 | $40.50 |
| Aug 18, 2017 | $40.50 | Aug 15, 2017 | $6.62 |
| Aug 21, 2017 | $33.88 | ||
| Aug 25, 2017 | $1.90 | Aug 25, 2017 | $1.90 |
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