Inventory for my spare parts autoshop
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$250 per month. From this, I use 15% to pay my tithes and offering in the church where I am a member, 15%to pay my rent, 30% I use for upkeep in the house 20% to pay school fees for my children and the rest 20% I re- invest in my business.
Loan Proposal
If my loan is fully funded as I have always done , I will increase my stock by more vehicle spare parts for my shop.
This will include nuts, bolts, and other motor vehicle spare parts that are in high demand in my area.
This will enable my customers to get most spare parts from my shop that is enabling them to save on time they could have used while searching for the parts from one shop to another while as an individual, I will increase my net profit and be able to be more confident as I will be stocking the most required parts in the area.
I believe it will increase by about 5000 KS that is about US$ 50.
Thanks in advance for funding my third loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$425.00
Date disbursed
Feb 23, 2016
Repayment status
On Time
Projected term
10 months
Lenders
Saskatoon, Canada
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Summary
Amount repaid
$446.25
Amount remaining
$0.00
Date repaid
Oct 19, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 4, 2016 | $10.03 | Mar 4, 2016 | $10.03 |
| Mar 11, 2016 | $10.03 | Mar 6, 2016 | $10.03 |
| Mar 18, 2016 | $10.03 | Mar 13, 2016 | $10.03 |
| Mar 25, 2016 | $10.03 | Mar 20, 2016 | $10.03 |
| Apr 1, 2016 | $10.03 | Mar 27, 2016 | $10.03 |
| Apr 8, 2016 | $10.03 | Mar 27, 2016 | $2.01 |
| Apr 3, 2016 | $8.03 | ||
| Apr 15, 2016 | $10.03 | Apr 3, 2016 | $7.02 |
| Apr 10, 2016 | $3.01 | ||
| Apr 22, 2016 | $10.03 | Apr 10, 2016 | $10.03 |
| Apr 29, 2016 | $10.03 | Apr 10, 2016 | $2.01 |
| Apr 24, 2016 | $8.03 | ||
| May 6, 2016 | $10.03 | Apr 24, 2016 | $7.02 |
| May 5, 2016 | $3.01 | ||
| May 13, 2016 | $10.03 | May 5, 2016 | $10.03 |
| May 20, 2016 | $10.03 | May 5, 2016 | $2.01 |
| May 8, 2016 | $8.03 | ||
| May 27, 2016 | $10.03 | May 8, 2016 | $7.02 |
| May 15, 2016 | $3.01 | ||
| Jun 3, 2016 | $10.03 | May 15, 2016 | $10.03 |
| Jun 10, 2016 | $10.03 | May 15, 2016 | $2.01 |
| May 26, 2016 | $8.03 | ||
| Jun 17, 2016 | $10.03 | May 26, 2016 | $7.02 |
| Jun 3, 2016 | $3.01 | ||
| Jun 24, 2016 | $10.03 | Jun 3, 2016 | $10.03 |
| Jul 1, 2016 | $10.03 | Jun 3, 2016 | $2.01 |
| Jun 10, 2016 | $8.03 | ||
| Jul 8, 2016 | $10.03 | Jun 10, 2016 | $7.02 |
| Jun 17, 2016 | $3.01 | ||
| Jul 15, 2016 | $10.03 | Jun 17, 2016 | $10.03 |
| Jul 22, 2016 | $10.03 | Jun 17, 2016 | $2.01 |
| Jun 26, 2016 | $8.03 | ||
| Jul 29, 2016 | $10.03 | Jun 26, 2016 | $7.02 |
| Jul 3, 2016 | $3.01 | ||
| Aug 5, 2016 | $10.03 | Jul 3, 2016 | $7.02 |
| Jul 10, 2016 | $3.01 | ||
| Aug 12, 2016 | $10.03 | Jul 10, 2016 | $7.02 |
| Jul 17, 2016 | $3.01 | ||
| Aug 19, 2016 | $10.03 | Jul 17, 2016 | $10.03 |
| Aug 26, 2016 | $10.03 | Jul 17, 2016 | $7.02 |
| Jul 24, 2016 | $3.01 | ||
| Sep 2, 2016 | $10.03 | Jul 24, 2016 | $10.03 |
| Sep 9, 2016 | $10.03 | Jul 24, 2016 | $7.02 |
| Jul 31, 2016 | $3.01 | ||
| Sep 16, 2016 | $10.03 | Jul 31, 2016 | $10.03 |
| Sep 23, 2016 | $10.03 | Jul 31, 2016 | $10.03 |
| Sep 30, 2016 | $10.03 | Jul 31, 2016 | $7.02 |
| Aug 14, 2016 | $3.01 | ||
| Oct 7, 2016 | $10.03 | Aug 14, 2016 | $7.02 |
| Aug 24, 2016 | $3.01 | ||
| Oct 14, 2016 | $10.03 | Aug 24, 2016 | $7.02 |
| Aug 28, 2016 | $3.01 | ||
| Oct 21, 2016 | $10.03 | Aug 28, 2016 | $7.02 |
| Sep 4, 2016 | $3.01 | ||
| Oct 28, 2016 | $10.03 | Sep 4, 2016 | $10.03 |
| Nov 4, 2016 | $10.03 | Sep 4, 2016 | $2.01 |
| Sep 13, 2016 | $8.03 | ||
| Nov 11, 2016 | $10.03 | Sep 13, 2016 | $2.01 |
| Sep 21, 2016 | $8.03 | ||
| Nov 18, 2016 | $10.03 | Sep 21, 2016 | $2.01 |
| Sep 24, 2016 | $8.03 | ||
| Nov 25, 2016 | $10.03 | Sep 24, 2016 | $7.02 |
| Oct 3, 2016 | $3.01 | ||
| Dec 2, 2016 | $10.03 | Oct 3, 2016 | $7.81 |
| Oct 11, 2016 | $2.23 | ||
| Dec 9, 2016 | $10.03 | Oct 11, 2016 | $7.81 |
| Oct 16, 2016 | $2.23 | ||
| Dec 16, 2016 | $10.03 | Oct 16, 2016 | $7.81 |
| Oct 17, 2016 | $2.23 | ||
| Dec 23, 2016 | $10.03 | Oct 17, 2016 | $10.03 |
| Dec 30, 2016 | $10.03 | Oct 17, 2016 | $2.79 |
| Oct 19, 2016 | $7.24 | ||
| Jan 6, 2017 | $4.78 | Oct 19, 2016 | $4.78 |
Margaret Oct 24, 2017
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