Entrepreneur
Name
Arnold
Member since
August 2020
On-time repayments
18 installments • 67%
About Me
my name is arnold ouma otieno i was born and bred in Nairobi went to school in Nyanza...ive worked in a few companies but due to corona i was laid off and i had to start my own side hustle of selling car spare parts ..since i studied electrical and electronics engineering then recently training for Mercedes and Merman made automotive wiring....
My Business
i sell car spare parts...and also do some mechanical and wiring for automotives i import and resell german made automotives and also source for local parts to resell to my clients and
Loan Proposal
I have a client who's central locking system is faulty and I need to buy a new one for about 10k and resell it to him at 15k plus fixing 5k enabling me to make a profit and still purchase what he needs for his car....that way I will have served another client through your help successfuly allowing me to increase my customer base
Income Source
I have assets for cars that I can use to facilitate to repay the loan if my client should default from paying me...but since I've dealt with him before I know he will pay and because I also will fix his car and he's trustworthy and cause his car is in the garage he can not default I will get the money and payback earliest the way I love to do
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$42.00
Date disbursed
Oct 16, 2020
Repayment status
Late
Projected term
3 months
Other loans
Ask Arnold a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.