Garage patnership for my mechanic friend for self-suffciency

Stephen

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

February 2014

On-time repayments

353 installments  •  61%

About Me

Hello Zidisha Family,

My name is Stephen Mogoi, a member of the family for several year. I thank the family for the support that has been offered to me . Although things have been tough with the virus terrorizing every part of the continent, the motivation and support to run a body works garage has propelled me to even greater business ideas. I started out with supporting my parents with a water tank for irrigation and I have been able to also run a garage and eventually received a good gesture from one of my clients to revamp and do business with an ex-tours van.
Currently i do short term hires of the vehicle which i personally feel like its more growth

My Business

First of all let me thank the Zidisha family very much

Although I have had serious financial challenges, oi was able to revamp an ex-tour van which was a partial grant to me. I have done body works on the vehicle from my small garage and currently in short of cash to complete the remaining part which entail changing the power steering and speed governor.

I am therefore requesting for your hand to go through this journey together to enable the vehicle fetch some income during the high season of November/December 2020 & January
The income shall go into expansion of my garage to a vehicle service centre

Your continued support is highly appreciated

Loan Proposal

I am seeking a loan from you my blessed and humble lenders to startup a garage in partnership with my mechanic friend. He has been working for someone for a small pay and he wants to go ahead by himself as to attain financial freedom.

I feel the urge to further our success in life by going into partnership with him on this venture. The amount i am borrowing will assist us get a spraying machine and i will chip in my investment in paying rent for the garage field for three months before we can start collecting profits. Meanwhile, i look forward to the drip irrigation project to be paying the Zidisha Loan i am requesting

How i wish my Zidisha limit would be USD 1,000 to allow us fasten our acquisition of crucial tools for the garage and statutory documentation

I thank the Zidisha family once again for this consideration and look forward to receiving your humble gesture

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$353.00

Date disbursed

Aug 12, 2016

Repayment status

On Time

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

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