Inrease stock for my spare parts shop
Alexander
Eldoret, Kenya
100% repaid
Entrepreneur
Name
Alexander
Member since
June 2015
On-time repayments
286 installments • 88%
About Me
My story
I am Alexander Nambaka. I was born on 21st june 1970 in Kakamega County , Butere/Mumias District , Matungu Division,Buchifi Sub Location, Emahafu village. I am married to Jacklyne Aliviza and we are blessed with four children.
I went to school up to class eight sitting my KCPE in 1986 and obatained a certificate. In 1987 I joined Industrial Training Centre where I did a course in motor vehicle Mechanic, did my grade three Trade Test and got a certificate.
Later on I did an interview with Lochab Transport Limited in Nairobi and got employed. I worked for eight years before being retrenched due to poor economy in the country by then.
My Business
MY BUSINESS
I started selling nut and bolts in the year 2000. Later on I decided to open a shop and begin selling auto spares. I have been in this business since that time to date. From the proceeds of the business I am able to pay rent, feed my family and even take my children to school and pay their school fees.
Since I joined Zidisha, when business is good I make a profit of about US$250 per month. From this, I use 15% to pay my tithes and offering in the church where I am a member, 15%to pay my rent, 30% I use for upkeep in the house 20% to pay school fees for my children and the rest 20% I re- invest in my business.
Loan Proposal
I am operating a spare parts shop where I sell all kinds of spare parts for motor vehicles. Because the shop is small, things like filters , nuts ,bolts and others like cylinder heads etc.
I will use all the money to buy the spare parts so that my clients will be able to get at least most of the spares from my shop. This will also increase my income from the US$150 to US$200. With this, I will be able so sustain myself ,family and even others who depend on me.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$194.00
Date disbursed
Oct 10, 2015
Repayment status
On Time
Projected term
4 months
Lenders
I want my "My loans" page back, Qatar
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Margaret Oct 24, 2017
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