Teresia
Pangani, Kenya
$0 to go
100% funded of $299 goal
0
days left
Name
Teresia
Member since
October 2012
On-time repayments
37 installments • 0%
I am married with 4 childrens ,only 2 in primary school. I live in Pangani estate near victonell academy pangani which is about 2 km from Nakuru town along Nakuru- Rangaranga road. I live in plot number 760 at Pangani estate but I operate my business in industreria Nakuru town. My occupation is selling of sparepart , also I am also a member of Bahati self help group, I have a general knowledge, also I am a devoted Christian.
MY BUSSINESS IS SELLING SPAREPART
I have a shop which I sell variety of sparepart , which is located at industreria Nakuru town. I started my business in the year 2009. They is a lot of demand of the sparepart because there more garage in the area also my shop is located in strategic position thus making it more popular,
In the area there is few sparepart shop in that area thus making me able to catch more customer. The business will be profitable because the area is popular in vehicle repairing. I wanted to purchase more sparepart to meet the demand of my customer. The risk facing the business is theft due to insecurity during the night.
My typical monthly cost is khs 80000, sale revenue is around ksh 50000 and profit is above 30000 but I am planning to earning more.
Hi lenders , i will like to use part of my loan to add more stock in my hardware shop eg vehicle spare part and motor cycle spare part especially during this December holiday where by many people usually service their car .secondly i will use part of the money to service my small personal car by servicing minor problem which will enable me to be arriving to my working place on time .
Positive
None
Neutral
1
Negative
None
Project Type
Classic Loan
Disbursed amount
$299.00
Date disbursed
Nov 26, 2012
Repayment status
Late
Projected term
38 months
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