Peter

Nakuru, Kenya

72% repaid

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Entrepreneur

Name

Peter

Member since

March 2013

On-time repayments

17 installments  •  35%

About Me

l am a mechanic by profession and do repair all sort of motor vehicle.l started this after being trained in the year 1992 from a local technical institute. And after working in several garages and gaining experience l decided to start my own spare parts shop in Nakuru town.l normally get the stock from Nairobi and mostly stock the toyota spare parts since they are easily available and have market compared to the other type of motor vehicle. l make sure that my prices of my items is relatively cheap so as to attract more customers.

My Business

Although there is alot of competition here in Nakuru l always ensure that my goods are genuine and cheap so as to retain the customers and because am a trained mechanic this has enabled me to network with most of my customers.l normally buy a stock of ksh 100,000 per month and my sales revenue is normally around ksh 180,000 per month.l have managed to employ one young man in the shops to help me with the sales.since this is a spare part shop there is no major risks of the business.if advanced the loan this will enable me to add more stock and expand my business.

Loan Proposal

dear my lenders, am so grateful to zidisha organization for giving me yet another chance to apply for my second loan.this is great to me.with this second loan, am going to add more stock in my auto spares shop, so that i can be able to serve more customers accordingly.am going to add more oils and other parts and accessories which are in high demand in my shop.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$362.00

Date disbursed

Dec 1, 2013

Repayment status

Late

Projected term

12 months

Other loans

Apr 2013:  $100

Lenders

P

Philippe

Adliswil, Switzerland

A

anonymus

Moon, United States

Scott Walker

Canmore, Canada

B

Bavarian

Bavaria, Germany

Pierfausto

Rome, Italy

M

missjoyy

Munich, Germany

C

cfaul

Seattle, United States

KarmaComa

Gent, Belgium

bycyt

Whitefish, United States

J

jocke

Stockholm, United States

delete-this-account

Anguilla

A

alexanderdowns

mayfield heights, United States

T

ThereIsNoGod

Singapore, Singapore

dmirpuri

Bangkok, Thailand

stroi08

Odense C, Denmark

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  • Lawrence    Feb 27, 2015

    hi lenders
    peter is already working on settling his debt but waiting cash from somewhere

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  • Lawrence    Dec 31, 2014

    hi lenders
    peter is working on updating his accounts

    regards

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  • Lawrence    Nov 25, 2014

    hi lenders
    have talkedwith peter and he promised to update his payments on aweekly basis.

    regards
    lawrence

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  • Peter    Sep 12, 2014

    hi lenders, am doing wel in my business everything is now okey. thanks

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  • Peter    Aug 22, 2013

    Dear lenders,l am going to pay the remaining loan in the next few days because as l had told you my business is now running well.Be patient with me.l have to finish paying this loan because l need to take another loan so that l can expand my business very soon and l will grow bigger and better.l wish you all nice times.

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  • Peter    Aug 22, 2013

    Dear lenders.l have located a shop in Nakuru town central business district where a want to locate my other spare part shop.l hope you will give me another loan so that l can open my other shop.l also wish to employ another business personnel who will assist me when l open the other shop.l wish you all nice times

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  • Peter    Aug 22, 2013

    l bought this bicycle parts in Nairobi city where l found them to be cheap and easier to travel because the demand for them continued increasing each day.l was able to buy a stock of 20000 and according to my calculation l will be make a profit of 40000 after 3 weeks.l know this business will bring in more profit.l wish you all nice times.

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  • Peter    Aug 22, 2013

    Hi lenders and the entire Zidisha team.l hope you are all doing.My family is doing well.l have been able to buy the bicycle parts which l told you about.l got the money to buy the parts from the sale l made with my other stock.l have been able to get buyers for this goods from little school children and also some other people.l hope this business will get better as the days go by.

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  • Peter    Aug 21, 2013

    l have discovered a new business idea of selling car batteries.They are always in demand by car owners.it requires only a little capital to start and the profits are very amazing.lf l buy 100 batteries l will make a profit of 20000 after every 3 weeks.lt gave me a thought and discovered is a nice business to venture in.l wish you all nice times

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  • Peter    Aug 21, 2013

    Hi lenders and the entire Zidisha team.l have been to employ a second personnel because my business is doing very well.Recently l acquired new clients who need me to offer my mechanic skills to them.Right now l am very busy as a bee.l am thankful to God for this achievement.l also want to bring the bicycle parts told you about.Nice times

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  • Peter    Aug 20, 2013

    l have also come across another business idea of selling bicycle parts.l came across this idea recently when the schools closed for the holiday.Most pupils are now at home and most have bicycles.They always bring them to be mended.They are in high demand and cheaper while buying and are always in demand even when schools are not closed.

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  • Peter    Aug 20, 2013

    l came across a business idea about bringing selling oil.Most of my customers have been asking about it.l did some research and discovered that if one can sell 100litrs of oil,it makes a profit of 10000 after each week.l did my calculation and discovered it a nice business to venture in.

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  • Peter    Aug 20, 2013

    l came across a business idea about selling oil.Most of my customers have been asking about it.l did some research and discovered that if one can sell 200litrs of oil,it makes a profit of 10000 after each week.l did my calculation and discovered it a nice business to venture in because oil is always in demand by car owners and also some other spare shops which don't have.

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  • Peter    Aug 20, 2013

    l came across a business idea about bringing selling oil.Most of my customers have been asking about it.l did some research and discovered that if one can sell 100litrs of oil,it makes a profit of 10000 after each week.l did my calculation and discovered it a nice business to venture in.

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  • Peter    Aug 20, 2013

    Hi lenders and the entire Zidisha team.l hope you are all doing well.my business is doing very well.l have also been able to employ another personnel who has been helping me with my work.l now plan on opening a new spare part shop as l had informed you,if advanced with a loan l will be able to open the other shop and l will be able to earn more profit.

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  • Peter    Aug 19, 2013

    Due to the ongoing competition in the market,l would like to put up another spare part shop in Nakuru but different location.This is because l have discovered that the other area has no spare part shop therefore l will not face any competition and l will be the main seller.if given another loan l will see this business idea come into reality

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  • Peter    Aug 19, 2013

    Due to the ongoing competition in the market,l would like to put up another spare part shop in Nakuru but different location.This is because l have discovered that the other area has no spare part shop therefore l will not face any competition and l will be the main seller.if given another loan l will see this business idea come into reality

    Log in to reply • Share

  • Peter    Aug 19, 2013

    Due to the ongoing competition in the market,l would like to put up another spare part shop in Nakuru but different location.This is because l have discovered that the other area has no spare part shop therefore l will not face any competition and l will be the main seller.if given another loan l will see this business idea come into reality

    Log in to reply • Share

  • Peter    Aug 19, 2013

    Due to the ongoing competition in the market,l would like to put up another spare part shop in Nakuru but different location.This is because l have discovered that the other area has no spare part shop therefore l will not face any competition and l will be the main seller.if given another loan l will see this business idea come into reality

    Log in to reply • Share

  • Peter    Aug 19, 2013

    Hi lenders and the entire team.l would like to thank you very much for the loan you gave me.it has help me further my business and also expand it.l am very thankful and continue with the good work that you are doing of helping people like me see their business expand.l wish you all nice times

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