Buying carwash machine

Saphan Ochieng

Nakuru, Kenya

80% paid forward

Entrepreneur

Name

Saphan Ochieng

Member since

November 2013

On-time repayments

50 installments  •  62%

About Me

I'm Saphan Ochieng Ongonga son of George Ongonga.Im 33 years of age and still single.I was born and raised in Kisumu District Kombewa Division Konindo Village.

I'm holding certificate in Automotive Engineering .
Initially I was given funds to boost stocks in my shop, which I did but unfortunately my shop burnt up by fire which was caused by surge in electrical failure.
That really brought me down, I did have financial problems from that fateful day when my shop was burnt.
I thank God as at now is started a shop again which sells inventories,that is all shop items.
I also sell groceries that includes watermelon , pineapples,apples ,bananas and ovacados as at now.
Things are doing fairly with me.

My Business

I from my basic salary i earn KES 43000 per month and from the business i get up to KES 15000 after deducting all expense so all this source of income can either be used to repay the loan.

I deal with shop inventories as I stated earlier and groceries in which I yield good profits.

The demand is there because of the people residing around nanyuki need this commodities as they are basic.I have more and potential customers because of relation to them and i do not sell at higher prices as others around.

The business is profitable because we buy in large quantity at a discounted price and resale at a profitable price.
What's more encouraging is that after all expenses deduction,I still realize a profit of ksh.15000 every week.

Project Proposal

This is a new project that I want to venture in.
I would like to use this fund in buy carwash machine. This project have thought about and found a strategic place in a busy garage and mall in nanyuki laikipia county.
When this project goes through definitely I will triumph in this business and my like will change and there so many vehicles in this place.but no professional carwash here.

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$108.79

Date disbursed

Dec 10, 2022

Cost to entrepreneur

Service fee: $5.44

Pay It Forward contribution: $16.32

Backers

Simon Tanui

Edoret, Koitoror Village, Kenya

Jacob Kyai

Nairobi, Kenya

Henty Purwaningsih

Purbalingga, Indonesia

Maxwell Kihara

Nairobi, Kenya

Muhammad Almatori Basalamah

Jakarta Pusat , Indonesia

Mariam Oke

Lagos, Nigeria

Shilah Barasa

Nakuru, Kenya

Kevin Kanja

Nairobi, Kenya

Erick Omaha

Nairobi , Kenya

Sharon Mangeni

Nairobi, Kenya

Faqih Faqih Arrazi

Bekasi, Indonesia

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