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

The loan is going to help me buy more inventories for my business. So far so good in terms of have my own inventories, bought some computers for recording purposes and my business is expanding step by step.
By now i can manage small expenses without any problem and this is because of your help. Am really looking forward for your continours help that will also help me to manage any expenses that may arise in a business like mine.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$233.00

Date disbursed

Apr 27, 2017

Repayment status

On Time

Projected term

22 months

Lenders

Jorgen V

Mol, Belgium

Paul Buchheit

Mountain View, United States

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