Inventory of spare parts for motorbike service shop
Samuel Omboga
Gesonso, Bomwanda, Kenya
92% repaid
Entrepreneur
Name
Samuel Omboga
Member since
June 2013
On-time repayments
437 installments • 97%
About Me
My names are Samuel Omboga, I am a married man with one wife Jackline Kemunto. I have 3 children and two are in school in a private school. I was born Kisii Town, Bogiakumu location in Bomwanda Sub-Location, in Nyamokenye village. I am motorbikes mechanic situated at Kisii Jua Kali opposite Kisii Hotel in Kisii county. I completed my primary Level in KCPE in 1988 thereafter I joined Jua kali private course where i trained as a mechanic. After completion I started I started my own business of motorbike spares and repair in the year 2000. in the year 2002 I opened a shop for my wife from my earnings.
My Business
My business is located at Kisii county, Opposite Kisii Hotel, at Jua Kali premises, on Kisii - Kisumu, Migori Highway, before Kisii Mosque.
I sell all types of motorbike spares and they have a lot of demand due to high number of motorbike business in the area. My customers prefer my services since I have a lot of experiences to the motorbike maintenance, repair and spares.
The risks to the business their are counterfeit spare parts, lubricants e.g oils to the market now, which are now making the customer not trust the services.
I incur monthly costs towards the premises rent, Yearly working permit.
Loan Proposal
Dear lenders, below is my proposal projection for my loan and indeed spares prices has increased drastically;
-Air Cleaner
-Battery
-Choke
-Clutch Lever
-Crankcase Cover
-Crash Bar
-Cylinder
-Cylinder Head
-Engine Stop Switch (KILL)
-Foot Pegs
-Front Brake Lever
-Front Disc Brakes
-Front Master Cylinder
-Front Suspension
-Fuel Petcock Valve
-Gas Cap
-Gas Tank
-Gear Shift
-Headlight Switch
-Highway Peg
-Horn
-Horn Button
-Ignition Switch
-Left Side Mirror
-Muffler
-Oil Filter
-Oil Tank
-Passenger Back Rest
-Passenger Pegs
-Pillion or Passenger Seat
-Primary Chain Cover
-Rear Disc Brakes
-Rear Foot Brake Pedal
-Rear Master Cylinder
-Right Side Mirror
-Rocker Box
-Seat
-Shock Absorber
-Side Stand
-Spark Plug
-Speedometer
-Starter Switch
-Tachometer
-Tail Light
-Throttle
-Turn Signal
-Turn Signal Switch
-Warning Lights/Neutral Light
-Windshield
Transportation - 22,000
Total proposed budget is KES512,330
Total In USD 4,985.56
Samuel
Income Source
Yes indeed many businesses have closed down and people loosing jobs since the Corona pandemic crisis and therefore making business at risk.
I would like to inform my lenders that I will be earning most of the money from the services repairs of the motorcycles which I service even if I don't make spare sales, have to service motorcycles daily. Most of my clients operate in remote and rough roads.
Feedback
Positive
15
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$4,684.85
Date disbursed
Jun 30, 2021
Repayment status
On Time
Projected term
22 months
Cost to entrepreneur
Service fee: $206.86
Credit risk payment:
$827.44
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Ask Samuel a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.
Dean Suminski Jun 8, 2017
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