Business for life

Alfred

Nakuru City, Kenya

100% repaid

Entrepreneur

Name

Alfred

Member since

June 2016

On-time repayments

130 installments  •  81%

About Me

Am a Kenyan citizen dealing with the sale of tyres, tubes and batteries at my small shop called Nguvu Tyres Express. Due stiff competition from other strong firms is the reason i would like to expand my capital base and that's why am seeking for your assistance in terms of loan.Am a hardworking young man who seeks to expand his business so as to get revenue, provide employment to young Kenyans who really seek to earn experience to work at big companies and also to enhance the community development through social responsibilities towards the society. Am looking forward to have the best company that will compete globally and assist many youths to be self dependant by offering formal training to them.

My Business

My business is located at Nakuru on west road street near Valley Hospital. It is a small shop where i sell Tyres, Tubes, Batarries and offer other services such as wheel balancing and wheel alignment. Before i started this business i was working with Kingsway Tyres Ltd as a sales person where my roles were marketing the company's products,stocktaking and also calculations of re-order level.My main aim in the coming years is to see my business grow and become a big company. I started this company last year June and up to now i have made a profit at least Kes 50,000 that i have returned it back into my business. I would like to have stalk in my business because many times i loose customers because of lack of enough stalk.

Loan Proposal

In terms of buying stalk the loan will help me stalk up my business so as not to ran out of stalk when needed.
In terms of paying my employees the loan will help me pay them on time and also paying them the right amount they given that they are willing to sacrifice for the business.
In terms of paying of suppliers it will help me to pay them on time to avoid the conflict that may arise due to poor payment by some customers.
Also it may help me clear all small expenses in time.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Sep 11, 2016

Repayment status

On Time

Projected term

7 weeks

Lenders

Zidisha

Sterling, United States

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

terveer

Netherlands

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

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

Loading...

Loading...

Loading...