Inventory of service oils, tires and tubes for motorbike repair services

Erick Makori

Tombe Villge, Kenya

10% repaid

Entrepreneur

Name

Erick Makori

Member since

March 2014

On-time repayments

105 installments  •  6%

About Me

I am a 21 year graduate with a pass in Mechanical Engineering (diploma level). My sister,brother and I live with my mother in our home situated at Tombe where we have managed to buy some land and build our home.
My sister and brother are students, one doing micro-biology at Chuka University and the other doing nursing KMTC in Kenya.
I am unemployed but I have my own boss. I am loving it because I am an entrepreneur.
I started this business so that I can give a hand in raising my siblings schooling fees and also do something for myself since everyone craves to be rich and so do I. I have to be of use and service to the society.
I strongly believe i can be that person I am desiring to be if only i have the courage to try and be self driven.
My mother is a strong business woman since she has been in it for 15 years now. She is my role model and my mentor. Nothing much about my father since he passed while we were little kids.
Currently I am not doing much with the money I get from this business because I am helping raise fees for my siblings and struggling to expand my business.
I will truly appreciated it if you will consider my request.

My Business

I am a garage boy as they call me. I started a small garage here at Tombe where i usually repair punctured tires of motor vehicles. I also sell spare parts of motor cycles.
In the business I do sell the inner tubes of tires thus this results in an increase of income. I also sell spare parts like bike accelerators, headlights ,indicators and speedometers. I also sell service oils such as rubia total, brake fluids, air cleaners etc.
I make up to $82 profit a month. I do all these because the competition is low and there are only two competitors in this field offering these sort of services. Customers prefer me because they say I am the real deal in this field and not some skunk you know and so they trust me.
I have planted some tea trees which I collect leaves from and sell the to the factory every two weeks.
I would really be grateful to get financial support so that it will help me expand my small garage. At the moment I am facing a few financial constraints and I really hope you will help me get through this.
I promise to devote myself to paying my loan as soon as possible/according to the terms of agreement.
I solemnly promise not to let you down. Thanks in advance.

Loan Proposal

I will use the loan to purchase service oils such as rubia,total and brake fluids in the ratios I know best they required and requested by my customers. I will also use it to purchase new motorbike tires and tubes. With these it will benefit me with credit from my customers that i am selling goods at a fair price because I purchase them in bulk so I get some discount. It will also help me raise profits which will enable me to support my siblings education. I will make up to $155 profit a month.
I humbly request lenders to please help me run and grow in my business and i promise i will return the favour by
refunding back the loan therefore making it business all around. Thank you for your support and I promise to not let you down. God bless you.

Show original English  

About Me

I am a 21 years graduate with a pass in mechanical engineering diploma level.My sister,brother and i live with my mother in our home situated at tombe where we have managed to buy some land and build our home
my sister and brother are students doing micro-biology at chuka university and the other doing nursing at kmtc in kenya respectively.
Am not employed but am my own boss.I am loving it because am an entrepreneur
I started this business so that i can give a hand in raising my siblings fees and also do something for myself since everyone craves to be rich and so do i.I have to be of use and service to the society.
i strongly believe i can be that person am desiring to be if only i have the courage to try and be self driven.
My mother is a strong business woman since she has been in it for 15 years now.she is my role model and my mentor.Nothing much about my father since he passed while we were little kids
currently am not doing much with the money i get from this business because am helping raise fees for my siblings and struggling to expand my business.i will appreciated if you will consider my request

My Business

i am garage boy as they call me.i started a small garage here at tombe where i usually repair punctured tires of motor vehicles.I also sell spare parts of motor cycles.
in the business i do sell the inner tubes of tires thus increase of income.I do sell spare parts like bike accelerator ,headlights,indicators and speedometers .i also sell service oils such as rubia total and brake fluids.air cleaners etc
i make up to 82$ profit a month.i do all these because the competition is low and we are only two competitors in this field offering this services.customers prefer to me because they say am the real deal in this field and not some skunk you know and so they trust me.
i have planted some tea trees which i collect leaves and sell the to the factory every two weeks.
I would really be grateful to get financial support so that it will help me expand my small garage.At the moment am having financial constraints and i really hope you will help me get through this.i promise to devote myself to paying my loan as soon as possible or according to the terms of agreement.I solemnly promise not to let you down.thanks in advance.

Loan Proposal

I will use the loan to purchase service oils such as rubia,total and brake fluids in the ratios i know best they required and requested by my customers. I will also use it to purchase new motorbike tires and tubes. With these it will benefit me with credit from my customers that i am selling goods at a fair price because i purchase them in bulk so i get some discount.Also will help me raise profits which will enable me support my siblings education. I will make up to $155 profit a month. I humbly request our lenders to please help me run and grow in my bussiness and i promise i will return the favour by
refunding back the loan therefore making it business all around. Thank you for your support and i promise never to let you down. God bless you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$443.00

Date disbursed

Jul 3, 2014

Repayment status

Late

Projected term

22 months

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JimVandegriff

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GV1986

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Namaste250

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ads68

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Bhayl

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G

Gwencalon

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K

Kramer91

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Kamil

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larry

Sweden

Agerfar

Aarhus, Denmark

Leonardia

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D

dk1234

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S

SeanKing

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L

Luxuriaxo

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D

Dyani

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C

Chyna

New Zealand

J

Jimbo

United States

A

AlexH

United Kingdom

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  • Erick Makori    Oct 2, 2014

    I am very sorry for the inconveniences that has happened with my account because i have been in a situation. some thugs came and robbed within our area and i happened to be one of the victims affected from the attack since i also got hurt unpleasantly. i have been under medication for sometime now and has coasted me quit some cash. i was discharged from hospital two weeks ago.
    I am planning to be back in business. Am sorry that it happened to me and led to this delay but ithank God i am.alive an he only knows why. sorry lenders but for the loan i promise to pay every penny you lent me.I please beseech you to bear with me for now and hope you will give me a chance to pay the loan.Thank you.

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  • Wycklic    Sep 29, 2014

    I HAVE JUST COMMUNICATED WITH HIM THIS EVENING AND HE HAS JUST PROMISED TO START REPAYING HIS LOAN AS FROM NEXT WEEK.
    i TRUST HIM AND I GUARANTEE YOU THAT HE IS GOING TO DO HIS BEST AS PROMISED.
    THANKS A LOT .

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  • Wycklic    Sep 1, 2014

    Just spoken to Erick and he had promised to repay the loan soon.
    its due to a slight fall of his business but right now he is preparing to do the repayment as from next week. thanks.

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  • Miller    Aug 5, 2014

    Lenders erick is stil repaying his loan bid

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  • Erick Makori    Jun 29, 2014

    please lenders consider me in raising my loan though you had raised it but it was not disbursed to me due to some problem but am here again please consider me

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  • Miller    Jun 28, 2014

    lenders kindly consider derique his loan application after the loan was turned down.

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  • Miller    Jun 17, 2014

    Derique has fully settled the repayment. Lenders please consider him in his next loan.

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  • Erick Makori    Jun 10, 2014

    i would like to reschedule the loan because i want to complete its repayment and apply for a higher loan.

    I hope and believe that with the next loan i am able to improve and eleviate my business.

    I dont have the required 500 characters thank you.I would like to clear my loan repayment and i apologise for how the repayment had turned out to take long than expected but on my next scheduled day of doing my payment am thinking to pay the remaining amount alltogether.thats why am rescheduling my loan.

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  • Erick Makori    May 4, 2014

    Hi! i am very sorry for the due loan i have not paid since last month.For the last month my family has unfortunately experienced health problems i.e is my brother got sick with a condition they happened to called it pneumonia.The doctors have confirmed that he will be OK now.
    I am requesting to reschedule my loan since the illness affected me that much but am great-full that it's now over and am back to my normal life.I would like to start paying my loan as from 9th of this month.
    Thanks for your understanding and be blessed.

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  • ajordan    Apr 23, 2014

    Thanks to Apiri Wyclife (www.zidisha.org/microfinanc...) for following up! She has spoken to Derique and he plans to make his first loan payment by the end of April. Thank you lenders for your understanding!

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  • Svenip    Apr 15, 2014

    Dear Derique, how are you? Please let us know how your business is going and when you will start repayments. Best wishes

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