27 installments • 48%
My name is Peter Muthami Mbachia . I am a family man with three children who are all in school
I come from a place called Arahuka at Bahati to reach my place you take a Matatu from Nakuru that goes to a place called Arahuka you take the Nakuru/Nyahururu road as you reach Maili Kumi you take Solai road then you go up to a junction that lead to Banti you branch on your left hand you take a road that lead to Arahuka /Rigogo Chonjo then you go up to a centre called kipng’ochochi from there you walk for about 700meters next to John Mark Coffee Factory ask for Baba Mbachia’s home.
I operate a motor bike spare parts shop at a place called Maili Kumi centre along Nakuru /Nyahururu. I sell the spare to the growing number of the young men who operate motor bike as a way of transport popularly known as (Boda Boda) from this business I get about 50000 monthly and a total of600000 annually I use the amount to pay school fees for my children and also to stock the shop I also some farming business I get about 400000 annually so the total annual income is 1000000
i would like to add new stock in my spare shop i want to go outside the country in the neighboring in Uganda where i go to buy stock cheaply. Thank zidisha team for the first loan it boosted my stock and give me good profit. i would like to give my client the goods that they need because i operate a motorbike spare shop where we need so many different parts so that mean that i have to stock all.
Mar 14, 2013
Cost to entrepreneur
Lender interest: $1,103.74 at 5.92% annual rate over 12 months = $66.43
Service fee: $39.61