Car spair parts

Fredrick

O. Rongai, Kenya

100% repaid

Entrepreneur

Name

Fredrick

Member since

September 2015

On-time repayments

65 installments  •  82%

About Me

Thank you Very Much!
I am a Middle aged Man,brought up and educated like any other child in our community set up.Since i was young, i my parents used to do Manual and odd jobs to bring the food to the table.We could come home in the evening only to be called to the nearby farm where my parents were employed to do cultivation and get money to pay for our school fees and meet other needs.When i grew up to an age of acquiring basic education,i started doing jobs as a casual laborer in the neighbors farm.I raised money and went to a Driving school.I slowly started getting interest on transport but later ended up being a driver of Public transport Vehicles.This great achievement has greatly helped me to cater not only for my family but also my parents who are currently old.Later on i felt that the business of transport is doing well and finally saved some money to buy my small car for transport commonly known as 'Taxi'. Since then, i have been a great contributor towards providing food for my parents, my family and even helping my other sisters and brothers as well.what is unique about the land or culture of the place where you live is that,the society uphold the highest values of handwork,self determination and giving back to the society.On my children,they frequently says that the would like to be well educated,responsible in the society and guaranteed future of of being productive.On my hobbies,i personally love visiting needy people and orphans especially in our area where i live there are so many needy people who needs our hands for help.
Than you.

My Business

My business is a well motivating.I deal with transport of passengers with small vehicles commonly known as 'Taxi' in our local language.I simply offer services of Transport of both Passengers and luggage's from one point to another for payment.The services that i personally offer are always on high demand since people and goods have to move regularly for business and other activities.The services are mostly preferred since it does not take more time for a customer to wait for the car to fill to capacity.My Typical costs are generally on buying spare parts,Maintenance if the car,legal documents and service.
Generally,My profit goes towards supporting my old parents,Educating my children and providing basic needs to them.i also help my other siblings as well as giving back to the society.
To elaborate more on my Business future vision is that i am intending to Expand my business to add more a car and secure a better income and increased profitability.My 1 year plan is to acquire a more newer vehicle that pleases customers and has viewer mechanical problems.
About my daily business,i usually get over ten customers a day since my customers are purely those who comes to do shopping in the nearby supermarket.Other customers comes late in the evening.My profit has been so overwhelming because in a day usually get 2 to 3 thousands.All this effort is geared towards buying a newer car to offer my best services.
Than kyou.

Loan Proposal

Well,
With my first loan which is Approximately USD 55.00,I would wish to buy the most urgent spare parts like;
Shock absorbers/Springs costing me roughly USD 30.00,i will also buy Car Gaskets at a cost of USD 17.00 and others to cater for service.
This money will help me specifically to operate with minimal car break down and mechanical problem.The cost of time wasted while at the Garage is never recovered and is a lost business.I would like to forecast that with the amount that i will receive my business will change positively to have my daily income increasing considerably to USD 50.00 a day.
This will change my life and that of those who depend on me.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Oct 29, 2015

Repayment status

On Time

Projected term

5 months

Other loans

Lenders

PG

Paul Graham

United States

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