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

Other loans

Lenders

E

Errol

Bradenton, FL, United States

KYLE LARSON

Little Falls, United States

PaulE

Cockeysville, MD, United States

TK

Tim Koppel

WOLLONGONG, Australia

JimVandegriff

Trinidad, California, United States

GV1986

Milano, Italy

Namaste250

Pittsford, United States

ads68

Melbourne, Australia

Bhayl

Stavanger, Norway

G

Gwencalon

Garching b. Muenchen, Germany

K

Kramer91

Kamerik, Netherlands

Kamil

Lidzbark Warminski, Poland

R

rhompa

United Kingdom

atallman

London, United Kingdom

larry

Sweden

Agerfar

Aarhus, Denmark

Leonardia

Waddinxveen, Netherlands

D

dk1234

Netherlands

S

SeanKing

New Zealand

L

Luxuriaxo

New Zealand

D

Dyani

New Zealand

C

Chyna

New Zealand

J

Jimbo

United States

A

AlexH

United Kingdom

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Summary

Amount repaid

$49.94

Amount remaining

$469.45

Expected completion

May 6, 2016

Status

Repaying late

Installment amount

$5.81

Repayment History

Expected Payments Actual Payments
Jul 11, 2014 $32.50 Jul 16, 2014 $32.50
Jul 18, 2014 $0.00
Jul 25, 2014 $0.00
Aug 1, 2014 $0.00
Aug 8, 2014 $0.00
Aug 15, 2014 $0.00
Aug 22, 2014 $0.00
Aug 29, 2014 $0.00
Sep 5, 2014 $0.00
Sep 12, 2014 $0.00
Sep 19, 2014 $0.00
Sep 26, 2014 $0.00
Oct 3, 2014 $5.81 Oct 13, 2014 $5.81
Oct 10, 2014 $5.81 Nov 3, 2014 $5.81
Oct 17, 2014 $5.81 Nov 17, 2014 $5.81
Oct 24, 2014 $5.81
Oct 31, 2014 $5.81
Nov 7, 2014 $5.81
Nov 14, 2014 $5.81
Nov 21, 2014 $5.81
Nov 28, 2014 $5.81
Dec 5, 2014 $5.81
Dec 12, 2014 $5.81
Dec 19, 2014 $5.81
Dec 26, 2014 $5.81
Jan 2, 2015 $5.81
Jan 9, 2015 $5.81
Jan 16, 2015 $5.81
Jan 23, 2015 $5.81
Jan 30, 2015 $5.81
Feb 6, 2015 $5.81
Feb 13, 2015 $5.81
Feb 20, 2015 $5.81
Feb 27, 2015 $5.81
Mar 6, 2015 $5.81
Mar 13, 2015 $5.81
Mar 20, 2015 $5.81
Mar 27, 2015 $5.81
Apr 3, 2015 $5.81
Apr 10, 2015 $5.81
Apr 17, 2015 $5.81
Apr 24, 2015 $5.81
May 1, 2015 $5.81
May 8, 2015 $5.81
May 15, 2015 $5.81
May 22, 2015 $5.81
May 29, 2015 $5.81
Jun 5, 2015 $5.81
Jun 12, 2015 $5.81
Jun 19, 2015 $5.81
Jun 26, 2015 $5.81
Jul 3, 2015 $5.81
Jul 10, 2015 $5.81
Jul 17, 2015 $5.81
Jul 24, 2015 $5.81
Jul 31, 2015 $5.81
Aug 7, 2015 $5.81
Aug 14, 2015 $5.81
Aug 21, 2015 $5.81
Aug 28, 2015 $5.81
Sep 4, 2015 $5.81
Sep 11, 2015 $5.81
Sep 18, 2015 $5.81
Sep 25, 2015 $5.81
Oct 2, 2015 $5.81
Oct 9, 2015 $5.81
Oct 16, 2015 $5.81
Oct 23, 2015 $5.81
Oct 30, 2015 $5.81
Nov 6, 2015 $5.81
Nov 13, 2015 $5.81
Nov 20, 2015 $5.81
Nov 27, 2015 $5.81
Dec 4, 2015 $5.81
Dec 11, 2015 $5.81
Dec 18, 2015 $5.81
Dec 25, 2015 $5.81
Jan 1, 2016 $5.81
Jan 8, 2016 $5.81
Jan 15, 2016 $5.81
Jan 22, 2016 $5.81
Jan 29, 2016 $5.81
Feb 5, 2016 $5.81
Feb 12, 2016 $5.81
Feb 19, 2016 $5.81
Feb 26, 2016 $5.81
Mar 4, 2016 $5.81
Mar 11, 2016 $5.81
Mar 18, 2016 $5.81
Mar 25, 2016 $5.81
Apr 1, 2016 $5.81
Apr 8, 2016 $5.81
Apr 15, 2016 $5.81
Apr 22, 2016 $5.81
Apr 29, 2016 $5.81
May 6, 2016 $4.34

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