Inventory for motorbike spare-parts store
Daniel
Ngong, Kenya
100% repaid
Entrepreneur
Name
Daniel
Member since
July 2015
On-time repayments
343 installments • 79%
About Me
Hello lenders,
my names are Daniel Kivango Malului married to Miriam Mumbua and blessed with 4kids two boys and two girls.Our first born Hervey Kimuli Kivango was born in 10/10/2008 and is currently in standard seven while second born Mary Kaveke Kivango was born on 15th/09/2012 and she is in Grade 3. Our third born Abigael Munini Kivango was born on 28th/01/2016 and she is now in PP2,Our last born Jeremy Mulei Kivango was born on 24th/04/2018 and he has not yet joined school.I grew up in Rural area where I attended both my primary and secondary school before joining a college in a city of Mombasa,where I studied shipping but never sat for my final exam due to lack of exam fee . That's when I got an opportunity to train in a 5 star hotel and landed my first job there. I was able to take myself to college and studied travel and tourism until consultant level.
My Business
I started with motorbike spare part business from my salary saving before joining zidisha which gave my business a remarkable boost until I was able to open a new business of water purification which is the newest project I have currently. Thanks to lenders and zidisha at large for this achievement.I have employed 3 workers to start with and sponsoring local rugby club with drinking water every time they have a match.
Loan Proposal
First and foremost I want to take this opportunity to thank you so much for standing with me up to this far.your support have really made a very recognizable growth to my business and my life at large.am back again to request for your unconditionally support to grow my business even further.below is a list of item am intending to purchase.
Tyres 100/90-17 one buddle @ 36000(USD
360) per buddle which contains 20pcs
Tyres 2.75/300/17 one buddle @ 17000(USD 170) per buddle with 20 PCs
Side mirrors@ 20pairs @ kes 4000(USD 40)
Batteries N5 one box @ kes 10,000(USD 100)
Tubes size 300/17 two set @ kes 56,00(usd 56)
Tubes size 300/18 two set @ keys 56,00(USD 56)
Tyre size 300/18 one buddle @ kes 28,000(USD 280)
Lubricant engine oil two boxes@ 9200(USD 92)
Head lights 10pcs@ kes 4500(USD 45)
steering 10pcs @ kes kes 4500(USD 45)
This will total to kes 124,400(USD 1244)the balance I will add to my Mpesa working float for more transactions. All the above items will give me a profit margin of 50% minimum.
My Videos
Sep 19, 2021: My drinking water purification project
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,390.00
Date disbursed
Oct 15, 2016
Repayment status
On Time
Projected term
39 months
Other loans
Lenders
United States
Ask Daniel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
(Comment deleted by author)
(Comment deleted by author)
(Comment deleted by author)
(Comment deleted by author)
Loading...