Spare parts for mechanic service

John

Eldoret, Kenya

11% repaid

Entrepreneur

Name

John

Member since

July 2015

On-time repayments

171 installments  •  95%

About Me

Ia called John Odhiambo Adede I was in 1969 in Nyanza Province in Kisumu County .
I went Rae primary School between 19 76 to 1983.
And i did not go high school due to lack of fees because I came from very poor back ground in my fathers family.
I latter join Mechanical Motor viecle engineering ,which I did for three years in Kisumu town and I qualified with grade one.

After I had worked for Bogol Company for ten years then I moved to Eldoret and my own garage which am running to date in Eldoret town .
My Children want to come Business mean when they grow up only one want to be a Teacher wen he grow up .
My hobby in my past time is to read the bible and other spiritual books and swimming with my children as well.

My Business

I repairs motor cars and also replace the spares and doing services.
This service is in demand and important because there are many people buying cars from abroad and no body or there are very few technicians servicing them or rather repairing them.
My typical cost and revenue is 10.000/=Kshs
This is how I use my profit which I do get from the Business ,
School fees 25,000/=Kshs
Re investment 10,000/=Kshs
Home improvement10,000/=Kshs
I also give to the Church 2,000/=.
This will increase as the Business also grows and expenses will also grow.

Loan Proposal

When am given this loan again then I will be able to buy 40 meters body panel at the cost of $400.
That is $10 US Dollars per meter.
This will make me not go to Nairobi a long distance looking for the materials for the work of the panel beating in this region and beyond.
This also will give more customers and more profit as well and It will benefit many motorists around not to drive long distance for the same service when I have it with me.
I expect this business to grow by 40% this year and next year the more.
Thanks so .much for considering my loan application in advance and God ;bless you so much .
Long live Zidisha

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$381.00

Date disbursed

Nov 9, 2018

Repayment status

Late

Projected term

2 months

Lenders

Cloudways

Malta, Malta

Emma

Australia

M

Margaret

United States

Chris

Zurich, Switzerland

J

Netherlands

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Summary

Amount repaid

$42.37

Amount remaining

$338.99

Expected completion

Jan 29, 2019

Status

Repaying late

Installment amount

$95.34

Repayment History

Expected Payments Actual Payments
Nov 20, 2018 $19.71 Nov 20, 2018 $9.85
Nov 27, 2018 $9.85
Nov 27, 2018 $0.00
Dec 4, 2018 $0.99 Dec 4, 2018 $0.99
Dec 11, 2018 $0.99 Dec 4, 2018 $0.99
Dec 18, 2018 $0.99 Jan 1, 2019 $0.99
Dec 25, 2018 $0.99 Jan 1, 2019 $0.99
Jan 1, 2019 $0.99 Jan 1, 2019 $0.99
Jan 8, 2019 $95.34 Jan 8, 2019 $0.99
Jan 15, 2019 $0.99
Feb 27, 2019 $1.97
Mar 5, 2019 $1.97
Mar 12, 2019 $1.97
Mar 19, 2019 $1.97
Apr 2, 2019 $1.97
Apr 16, 2019 $1.97
Apr 24, 2019 $1.97
May 28, 2019 $1.97
Jan 15, 2019 $95.34
Jan 22, 2019 $95.34
Jan 29, 2019 $70.70

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