Automobile-repair business

Entrepreneur

About Me

My name is jack i have a Wife and one kid,i live in Ongata Rongai since year 2004 working as a motor vehicle electrician.I have a form 4 level of education where i finished school in 2002.i was recruited by my uncle on motor vehicle wiring due to lack of fees to join college and i qualified within two years and started my own garage on the roadside. i have managed to buy the equipments for my garage and advanced in new technology in the new models of vehicles.

My Business

repair and fit all wiring of motor vehicles repairing starters ,alternators motors lights and anything that is electrical in the vehicle,dealing with all types of vehicles.we are located in Ongata rongai in magandi road where customers find us easily. customers come to our place for the services and since i have been in this area for a long time i have a wide market as many customers know me and they refer their friends to me. its a profitable business as the main services is repairing so customers come with replacement parts and then my work is just to fix. the business has high competition as there are many people joining the industry and therefore i need to move ahead with the new technology to keep and attract new customers intend to buy a diagnostic kit which is lacking in this area. the cost of running this business is very small as its only rent for the compound and electricity about 10,000 per month. where by i make about Kshs 20000-30000 per month and there fore i get about 10000-20000 which is what i survive on my family.

Loan Proposal

I will use Kshs 20,000 as a deposit for the diagnostic kit which is going for kshs 80,000 the rest i shall pay in small monthly instalments, and the balance Kshs10,000 for additional spanners which i currently don't have to be able to do all kind of jobs.

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Loan Info

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