Expand my motor vehicle shop to include m-pesa services
Winnie
Nakuru, Kenya
100% repaid
Entrepreneur
Name
Winnie
Member since
February 2014
On-time repayments
100 installments • 72%
About Me
My names are winnie sumukwo. Am a mother of two children ages 15 and 12 respectively , i live in Nakuru county in the estate of kendlands am a business lady i dealing with motor vehicle auto parts , i have diploma in business management , i was interested in this business because i had woked for a similar spares shop and i was motivated to open mine, i do purchase more spares from the money i get.I source my spares mainly from Nairobi. My vision is to expand my spares shop so that i might be able to import goods diectly from Dubai, Japan and other countries.
My Business
The motor vehicle shop is mine i sell mostly Toyota parts like shock absorbers , Ball joints , Tie rod ends , Engine oil, Oil filters , Grease, Bolts , Body parts like front and rear lamps , corner lamps, wind brakers, and many more. my customers like my shop because of the services i offer them , the challenges i face is when they purchase the spares and they do not pay back, the business is profitable it does not ave fixed prices i do get 10000KSH after deducting my expenses also paying my revenue, I will purchase more stock when i get the loan more especially first moving goods.
Loan Proposal
I wish to apply for another loan from Zidisha . I need the loan to help me expand my business to include Mpesa services which is a mobile money transfer services offered by Safaricom.people will be withdrawing and depositing money to their phones at my shop and i will be able to earn commissions every month.my business is located in a strategic position . i will use 200 dollars to make deposit for the line and have it as my float for the transactions and the the rest i will use ti buy bolts and nuts and washers as spares stock. Depending on how many transactions i make in a month the Mpesa service will earn at least 50dollars every month. and the bolts and nut depending on there sizes i get a profit of at least 0.5 dollars . these will help me improve on my daily life .
Feedback
Positive
5
Neutral
None
Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$283.00
Date disbursed
May 18, 2015
Repayment status
On Time
Projected term
6 months
Other loans
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United States
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Halifax, United Kingdom
Taiwan
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Summary
Amount repaid
$297.52
Amount remaining
$0.00
Date repaid
Dec 23, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 31, 2015 | $11.01 | Jun 6, 2015 | $11.01 |
| Jun 7, 2015 | $11.01 | Jun 6, 2015 | $0.10 |
| Jun 15, 2015 | $10.91 | ||
| Jun 14, 2015 | $11.01 | Jun 15, 2015 | $0.20 |
| Jun 29, 2015 | $10.81 | ||
| Jun 21, 2015 | $11.01 | Jun 29, 2015 | $11.01 |
| Jun 28, 2015 | $11.01 | Jun 29, 2015 | $0.40 |
| Jul 29, 2015 | $10.56 | ||
| Jul 29, 2015 | $0.06 | ||
| Jul 5, 2015 | $11.01 | Jul 29, 2015 | $11.01 |
| Jul 12, 2015 | $11.01 | Jul 29, 2015 | $11.01 |
| Jul 19, 2015 | $11.01 | Jul 29, 2015 | $0.14 |
| Aug 10, 2015 | $10.87 | ||
| Jul 26, 2015 | $11.01 | Aug 10, 2015 | $11.01 |
| Aug 2, 2015 | $11.01 | Aug 10, 2015 | $0.34 |
| Aug 24, 2015 | $10.67 | ||
| Aug 9, 2015 | $11.01 | Aug 24, 2015 | $0.44 |
| Aug 29, 2015 | $7.78 | ||
| Sep 5, 2015 | $2.79 | ||
| Aug 16, 2015 | $11.01 | Sep 5, 2015 | $11.01 |
| Aug 23, 2015 | $11.01 | Sep 5, 2015 | $10.64 |
| Sep 12, 2015 | $0.37 | ||
| Aug 30, 2015 | $11.01 | Sep 12, 2015 | $11.01 |
| Sep 6, 2015 | $11.01 | Sep 12, 2015 | $11.01 |
| Sep 13, 2015 | $11.01 | Sep 12, 2015 | $5.39 |
| Oct 6, 2015 | $5.62 | ||
| Sep 20, 2015 | $11.01 | Oct 6, 2015 | $11.01 |
| Sep 27, 2015 | $11.01 | Oct 6, 2015 | $1.14 |
| Oct 10, 2015 | $9.87 | ||
| Oct 4, 2015 | $11.01 | Oct 10, 2015 | $2.36 |
| Oct 17, 2015 | $8.66 | ||
| Oct 11, 2015 | $11.01 | Oct 17, 2015 | $10.23 |
| Oct 24, 2015 | $0.78 | ||
| Oct 18, 2015 | $11.01 | Oct 24, 2015 | $10.23 |
| Nov 10, 2015 | $0.78 | ||
| Oct 25, 2015 | $11.01 | Nov 10, 2015 | $11.01 |
| Nov 1, 2015 | $11.01 | Nov 10, 2015 | $10.43 |
| Nov 21, 2015 | $0.58 | ||
| Nov 8, 2015 | $11.01 | Nov 21, 2015 | $11.01 |
| Nov 15, 2015 | $11.01 | Nov 21, 2015 | $5.08 |
| Dec 23, 2015 | $5.93 | ||
| Nov 22, 2015 | $11.01 | Dec 23, 2015 | $11.01 |
| Nov 29, 2015 | $11.23 | Dec 23, 2015 | $11.23 |
David Oct 29, 2019
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