Buy stock for motobike spare shop

Marion

Nairobi, Kenya

10% repaid

Entrepreneur

Name

Marion

Member since

May 2015

On-time repayments

132 installments  •  22%

About Me

My name is marion njeri am a born again christian a member of a family of six, am maried to mr njenga kiambuthi in the year 2014 , I live in limuru karanjee village next to catholic church.
I began my bussiness with the help of my husband whom gave me 40000ksh and I had saved 30000ksh from selling ready to eat pork meat, my husband whom is in construction section adviced me to open a small shop to sell cars and motobike spare partdue to the raising need and increase in motobikes.
So I used the cash to rent a small shop and buy the reguired spares.
My son would like to be a doctor and would wish to surpport him acheive is dreams .
I love taking photos and reading novels.
my land is the land of bussiness you will be surprised to find a small boy selling scrap metal after school in the evening.

My Business

I began my bussiness in the year 2013 with a capital of 60000ksh for stock, today I run a stock of 120000ksh.
I sell diffrent spare parts motobike spare parts, engine oil and mad guards , I calculate my profits on a monthly record and make a monthly profit of 32000ksh this the best I have ever made but on average I make 25000ksh .
This money I use to take my kid to school surport my husband projects,feed my family and cater for my mothers siblings basic needs and additional of stock.
my bussiness is growing and I would like to expand it even more.

Loan Proposal

granted 242 usd i will use it to buy motobike mudguards wich are on demand at 142 usd pressure plugs and tyres,battery,wind gusrd,brakes and tubes all at 100 usd this will meet my custormers demand and increase sales.
I will use the profits to pay school fee for my child.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$241.00

Date disbursed

Oct 10, 2015

Repayment status

Late

Projected term

26 months

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

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  • YP    Apr 5, 2016

    Hello Marion,
    How are you? Is the business improving?

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  • Marion    Feb 1, 2016

    Hallo lenders thing were really hard for me my bussiness droped alot am now trying to balance my cash and increase repayments slowly.

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  • YP    Jan 30, 2016

    Hello Marion,
    How's the business?

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  • Marion    Nov 20, 2015

    halloo lenders currently am having trouble with money i will have to adjust my installment temporarily and fit to the repayment schedule.
    i however am in good health thank you for support and hope you all doing great.

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  • Marion    Oct 11, 2015

    thanks alot for the loan of amount 23,985 kes i received this morning, i will us the money to buy more stock for my spare shop. GOD bless

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  • Marion    Oct 8, 2015

    Thank you for funding my loan i will now add stock to my shop this will increase profit and improve my family life.GOD BLESS

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  • Marion    Oct 8, 2015

    Thank you for funding my loan i will now add stock to my shop this will increase profit and improve my family life.GOD BLESS

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  • Marion    Sep 24, 2015

    Hi, your previous loan was a success and i managed to increase profits and stock in my shop i would like to boost my stock further and buy more so make more profits.thanks alot for surport.

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  • Marion    Sep 16, 2015

    Hallo , This is part of the stock i bought with my first loan.thank you lenders am slowly expanding my bussiness.

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  • Marion    Jun 9, 2015

    am having difficulties with my income please reduce my amount for few weeks

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  • Marion    May 15, 2015

    I received 5012 this morning I will use the loan to stock my shop thank you all for your support and kindness.
    am goin to pay the loan as promised.
    God bless.

    Log in to reply • Share
  • Marion    May 14, 2015

    thank you for your funding of my loan GOd bless you all

    Log in to reply • Share


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