Erick

Thika, Kenya

6% repaid

Entrepreneur

Name

Erick

Member since

January 2014

On-time repayments

103 installments  •  4%

About Me

I live in Kahawa Wendani just behind Nakumatt Supermaket Wendani Branch.House number 8, plot number 7 which is just a few metres away from the Nairobi - Thika Superhighway.
I am the first born in a family of two.
I am a Mechanical Engineer (Automotive) based in Kahawa Wendani.
I started my business after clearing my studies in 2012 from Thika Technical Training Institute.
My garage, Shanky Auto garage, came to being in January 2013 as a specialist in Toyota but now, a year later, I also deal with Subaru and Nissan brands.

My Business

Shanky Auto garage, came to being in January 2013 as a specialist in Toyota but now, a year later, I also deal with Subaru and Nissan brands.
There is demand for my services since with the team of young energetic mechanics, we have come up with a specialized way to cater to our customers needs.
Despite the competition, we have managed to remain on top due to the fact we don't overcharge our customers and also make sure that we offer personalized services.
Also, we are experts in what we do.
The business however faces some risks, for instance hike in spare parts prices, and at times the unavailabity of the spare parts can really cost us but we try all we can to ensure our customers never leave our premises unsatisfied.
In a good month, after paying my two employees, I manage to get Ksh.15,000 on the lower side.

Loan Proposal

Dear Zidisha Lenders,
I will use the loan granted by you in the following criteria:
Ksh. 13,000 will be used to add stock, that is, in form of spare parts. This will be the minor spare parts like tail lights, bulbs and wires. This are the minor things that make my business do well even in God forbid, difficult times.
Ksh. 10,000, will be used to purchase the underpath vehicle ladder. This will go a long way to enable us service vehicles with ease as we will not have to lift the vehicles up with a jack, but instead a driver will just drive the vehicle over.
Please fund my proposal.
Thanks in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$250.00

Date disbursed

Jan 16, 2014

Repayment status

Late

Projected term

24 months

Lenders

investor

Candiac, Canada

P

Philippe

Adliswil, Switzerland

Silver

Steiermark, Austria

A

anonymus

Moon, United States

T

ToddK

Indianapolis, IN, USA, United States

MakeSense

-, St. Kitts and Nevis

H

hwwijono

Jakarta, Indonesia

E

Elisa

Espoo, Finland

B

Bavarian

Bavaria, Germany

russell

leicester, United Kingdom

MicroFinancier

New York, United States

LadyPhi

Ontario, Canada

skullyjo

Winnipeg, Canada

Sverre

Bergen, Norway

joaoferraz

RINCHOA, Portugal

A

ask21900

Cedar Rapids, United States

Sarasota

Sarasota, Fl, United States

C

CZC

Lake Zurich, United States

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