Sale of spare parts for motorbikes

Brigid

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Brigid

Member since

January 2014

On-time repayments

220 installments  •  26%

About Me

I am a kenya citizen a resident of Nakur town. I am currently engaged in a small business that has enabled me to live an average comfortable life. I hold a barchelors degree in Barchelor of Science in community development from egerton university located in Nakuru county. I started a business since i came to realise that my salary alone could not adequately earn me a more decent living therfore the business was to act as a supplement to my income. I am married with two children which even encouraged me to go into business just to ensure that a cater for their basic needs adequately. I hop that zidisha will help me move my business to a higher level through their fincial scheme of lending. Thank you

My Business

I am in transport business operating withing the outscarts of Nakuru and Nakuru town. I started the business in the year 2011 and ever since i have never regretted. First and foremost, i must declare that the business has given me returns than i expected thereby leaving me with no option but to find meanbs of venturing more into it. I started the business with 2 motorbikes which has curently grown to 4 motobikes. About the returns, i take home an average of ksh28,000 per month of net profit. The business costs atleast kshs 14,000 with a total income of kshs42,000. the income is used for the purpose of maintainance and paying labour and other operational expenses like licenses. The loan that will be given to me by zidisha will be repaid from the proceeds of the business as i expect to even grow my income when i finally invest in more funds. I not only wish to be grown but also to repay the loan as per the zidisha schedule.

Loan Proposal

Thank you once again lenders for the first loan that enabled me to carry out a thorough repair of my motorbikes. This enabled me run the business efficiently and even doubled my profits.
My second loan will be used to increase my spare part shop.This will enable me run my transport business more conveniently because having spare parts available will save me time and energy if any motorbike gets a puncture.
It will also enable me serve my family, community and the whole nation through the profits and improve our economic status. Therefore i will be very grateful to zidisha and all the lenders for helping me to achieve this set goal. Thank you in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$213.00

Date disbursed

Mar 6, 2014

Repayment status

On Time

Projected term

9 months

Lenders

Jouni

Finland

rfriedenberg

New Jersey, United States

Sarasota

Sarasota, Fl, United States

P

Popcorn

Berkeley, United States

M

mpcovcd

United States

M

mmatuzak

United States

S

science4sail

United States

K

Krakit

Mountain view, United States

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