Inventory of tyers,rim,tubes

Justus Ngemu

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Justus Ngemu

Member since

November 2012

On-time repayments

226 installments  •  68%

About Me

I am Justus Kyalo Ngemu,I am married with Five children,I am a form four Graduate,I am a businessman,I live with my family at Mwariki Estate in Nakuru county where my wife she is a house wife. I live in a rental place a two bedroom house where I pay $ 48 us dollas. I am the bread winner of my family though I am planning to start a small grocery shop for my wife as I do my tyres business.

I started business in 1998 since my parents were poor there wasn't enough money to continue with my Education but I hard a passion of selling tyres where I was given a soft loan by my uncle where I get a capital that enabled me to start the business. I started doing this business to sustain me and make an extra coin for a living,By this time there was no competition in tyres industry.

Recently I have come out with an Idea of recycling used tyres manualy and replanding them though serves my clients for a short time.hence I sale to my clients at a very low cost,where I have found many clients like them so much.

By doing this business has enabled me to bring up my family as well educate my younger brothers and sisters from my earning as well it has greatly helped me and my family at large.
By doing this business seems to be a unique business before being done by many people made to grow slitely in that particular industry.

My Business

My business name is YATTA TYRES is Located at lower Bedi road opposite Bedi Fibrication Factory in Nakuru box number 14679-20100 Nakuru.It is sole proprietership,It was established May 1998.
It is licenced under single business permit under the municipal council of Nakuru.

My business deals with selling and repair of tyres I sale tyres of deferent types like:- Firestone which is now yana,Gt tyres,Goodyear tyres, Michellin tyres,pirrell tyres ,Ling long,Mashal and Chingshang.

Most of my customers prefer my business because of the services they are offered and as well the my costs are standard.depending on type of tyres they need from lower class to higher class.My business is like a food selling business since people has to go to work and back tother homes they have to use vehicles as well as carts in the farm daily ,though there is more competitors they depends how first I can deliver the services to them.The site where I am located there is no more competitors hence my services to my clients are good,first and reliable all the time,though you can here some complains but not more since there is no perfect person.
My business is prifitable for one I do understand very well the business since is the only business I have been doing since 1998,so have old clients from major firms,industry and some ministries who orders tyres and other services at a larger quantities hence making more profit though some times I don´t meet their needs.

I have a financial risk I started my business with small capital which make me to grow very slow and loose some clients by not meeting all their needs,Technology New technologies, especially those characterized as “paradigm shifts” or “disruptive” have long and costly acceptance cycles, they have run into unpredictable performance or manufacturing problems. Some of tyres are fake hence ends up me going for a loss,also operation risk,Since some of my clients call for door delivery which comes very difficult for me to deliver my services to them in time.

I do meet my smoothly needs in terms of paying house rent,labour and other small work expenses,If I get $2353 Us dollars I will add rims and tubes hence meeting my clients needs as well adding value to my work.My business will grow first to a different level.

Loan Proposal

the loan you are about to give me. i will buy the following tubes 10 roll @ USA dollars 35, rim 20roll each roll at USA dollars 40, tyers 175 by 65 USA dollar 45, 75by 15 USA dollars 56, 185by 95 USA dollars 47, 65/14 by13 USA dollars. also i will buy pallets for keeping the tubes, rims,tyers

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$809.71

Date disbursed

Oct 4, 2016

Repayment status

On Time

Projected term

21 months

Cost to entrepreneur

Service fee: $33.35

Lenders

M

marycb

United States

T

Tmann

Los Angeles, United States

G

GalantnostS

Hong Kong, Hong Kong

H

Hilke

Bremen, Germany

C

Canlender1

Nanaimo, Canada

C

Christian

Saarbruecken, Germany

A

arenk

Karlsruhe, Germany

Mikey

London, United Kingdom

HI

Highly Improbable

Saskatoon, Canada

investor

Candiac, Canada

J

johan

Oslo, Norway

BelleStarr

Albuquerque, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

U

uBaJ41

Afton, United States

O

Oliver

Geneva, Switzerland

DeanDropshot

Oslo, Norway

S

snowlilly

Sanford, United States

ErikN

Stockholm, Sweden

AndreaBravi

London, UK, Canada

W

Withnail

Reading, United Kingdom

Kjartan

Oslo, Norway

korben

VILLENAVE D'ORNON, France

Scott

Oregon, United States

F

FHult

Stockholm, Sweden

F

FaaThailand

Bangkok, Thailand

R

rcmssr

Woodbury, United States

M

markj

Camberwell, Australia

Pere

Barcelona, Spain

johnandmoliehi

Canton, New York, United States

K

kathy207

South Portland, United States

T

ToddK

Indianapolis, IN, USA, United States

M

mogensh

København V, Denmark

C

crpwme

Philadelphia, United States

C

cjmenchaca

Austin, United States

J

John

Newbury Park, CA, United States

J

jgrauel

Zurich, Switzerland

N

ningli

Charlotte, NC, United States

Y

Yasha

Beer Sheva, Israel

Jeff and Marcie

Portland, OR, United States

J

jjiffer

Seattle, United States

J

Jennifer

Minneapolis, United States

S

Sherry

Cold Spring, United States

R

Rossman

Poland, United States

H

hilde

seattle, United States

M

matts

New York, United States

B

briansedz

Canton, Ohio, United States

P

proby24

Singapore, Singapore

T

tmsaddress

Orlando, Florida, United States

A

Arthurmb

Cebu city, Philippines

TheMoonDuster

Brisbane, Australia

C

chrisherron

Chicago, United States

A

anonymous123

United States

G

grahamfamily

Guildford, United Kingdom

indeh

London, United Kingdom

J

Jaslogic

Castle Rock, United States

M

missjoyy

Munich, Germany

Gillis

Helsinki, Finland

A

Alexandre

Sherbrooke, Canada

S

suzerain

Kuala Lumpur, Malaysia

P

portlandloans

Portland, United States

J

JandC

Watsonville, United States

Pascal

Gent, Belgium

R

RichardH

Manchester, United Kingdom

Quentin

Toronto, Canada

A

Aleks

Oslo, Norway

A

Aman

Johannesburg, South Africa

amovida

Central valley, ny, United States

Cloudways

Malta, Malta

Ellwood

Wimborne, United Kingdom

IA

Ismini and Jerry

Stamford, USA, United States

P

penguin3694

Chicago, United States

T

the0bauman

Hillsboro, United States

D

danderson1953

Plainsboro, United States

D

doinggood

Missoula, United States

S

samuk

Nottingham, United Kingdom

AdvancingCompassion

San Diego, United States

southcentral

Zürich, Switzerland

braccino

Settimo Milanese MI, Italy

B

BClay

Campbell, United States

B

BobJames

Toulouse, France

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

E

edgreig

Brixton, United Kingdom

Bhayl

Stavanger, Norway

A

Aaron

Zurich, Switzerland

rfriedenberg

New Jersey, United States

Bruno

São Paulo, Brazil

M

mkellerman

Shanghai, China

L

lilbsedz

Raleigh, United States

basicus

Cairo, Egypt

D

dannimw

Victoria BC, United Kingdom

sarna

Toronto, Canada

A

alkemyst

Geneve, Switzerland

JC

Jordi Cohen

New York, NY, United States

fairspirit

Utrecht, Netherlands

S

ssj2k4

Broken Arrow, United States

Gordons28

Santa Monica, United States

F

flaguy999

Tampa, United States

Muslim

Riyadh, Saudi Arabia

G

gregc

Calgary, Canada

S

solarkismet

Logan, United States

A

amish

San Francisco, United States

M

maxep06

Fairfax, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

M

Marod

Edmonton, Canada

F

fundfinite

Wellington, New Zealand

C

colomar

Langen, Germany

Zal0m0n

Atlantis!!!! x), Mauritania

A

AndrewC

London, United Kingdom

gseletko

South Perth, Australia

R

run426

DeBary, United States

N

NickLuder

London, United Kingdom

JonB

London, United Kingdom

90803

Long Beach, United States

dmirpuri

Bangkok, Thailand

Z

zangalan

Maryland, United States

xtrahardware

Cazenovia, United States

somuchjackson

Boston, United States

B

BMcDermott

Washington, DC, United States

E

emilys

Rochester, United States

E

E

Marin county, United States

G

Gdrvasc

Frederick, United States

H

happytrailsjpd

South Bend, United States

O

ormung13

Christchurch, New Zealand

C

Clben7

Cincinnati, United States

Evan Lamos

Brussels, Belgium

G

guggl

Vienna, Austria

A

akshu71

Ottawa, Canada

G

GanSatya

United States

R

RohitSingh

Montreal, Canada

B

BobHope

United States

sderickson

Berkeley, CA, United States

E

elhh82

Petaling Jaya, Malaysia

pvilliger

Zurich, Switzerland

M

Malibu

Westwood, United States

Matching Fund

Sterling, United States

M

microlender

United States

D

drorm

United States

C

chrishol

United States

R

richardavsmith

United Kingdom

G

geoff

United States

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

V

valiy

Switzerland

sgornick

Los Angeles, CA, United States

J

jenda

Czech Republic

J

jdallatezza

United States

K

karthich

Austin, United States

B

bugdaniel

Switzerland

K

Karpet

Faroe Islands

larry

Sweden

J

jbhernan

United States

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

L

luckiestmonkey

United States

B

bscent

Hong Kong

V

vrothba1

United States

M

Manley

Windermere, United States

T

tehmle

United States

Grant Xavier Storer

Seattle, Wa, United States

I

idris

United States

Mikers

Netherlands

Otto Barten

Amsterdam, Netherlands

N

Nicolaas

Doha, Qatar

adrianz

United States

C

cactusgirl

London, United Kingdom

Kyle Hoback

Jersey City, NJ, United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

JL

Joao Leal

United Kingdom

P

pombo

United States

F

Falk

Germany

E

Erich

Zurich, Switzerland

Gab

Singapore

Dave Bogard

New York, United States

D

Daman

United States

Anne Randt

United States

SMOICE

Berlin, Germany

MW

Matt Willis

United States

W

Wade

United States

jtreyes

United States

JM

John Meserve

United States

BS

Bart Sturm

Amsterdam, Brazil

C

Chitti421

United States

J

jojo

Germany

Yustian Hartono

Singapore, Singapore

E

erica

antwerpen, Belgium

Max Lettenberger

Madison, WI, United States

Kevin

San Francisco, United States

M

Marc

Newcastle upon Tyne, United Kingdom

DB

Divya Bhat

United States

KD

Kent Don

United States

EB

Erica Brescia

United States

Mouhamed

United States

Oliver Hasenberg

Iserlohn, Germany

ME

Manaal Eisa

Washington DC, United States

TH

tom hd

United Kingdom

Corina King

Calgary, Canada

N

Nora

Germany

NO

Nancy Owen

United States

Pedro R-C

Cambridge, United States

Martin Nielsen

Aarhus, Denmark

AW

Adam Wright

United States

M

Mart

United Kingdom

PG

Paul Graham

United States

JW

John Walsh

Alicante, Spain

Aran Dunlop

United States

Tobias

Frankfurt, Germany

Kyle Holohan

United States

Rosario von Li

San Jose, Ca, United States

A

Andrei

United States

Taylor

Memphis, United States

Heidy

N J, United States

IH

Isaac Hileman

United States

MT

Marco Tietz

United States

Carlo Cruz

Cincinnati, OH, United States

Dan Michael

Oslo, Norway

Thomas

Sweden, Sweden

L

LK

United States

Tam Thao Nathan

United States

A

Arielle

United States

KE

Karen Epolito

Syracuse, NY, United States

V

Vidar

Oslo, Norway

S

Stephanie

Zurich, Switzerland

H

Huub

Switzerland

I

isaac

United Kingdom

JC

juli camrud

United States

A

anniewynkoop

United States

B

Boris

Bern, Switzerland

SB

Sue Bucholz

Sacramento, United States

MB

Mark Blatter

United States

KT

Kate Turner

United States

MS

Marcus Siegel

San Francisco, United States

HPK

Switzerland, Switzerland

J

jmfaber

Amsterdam, Netherlands

SS

Steve Smith

Winchester, Ma, United States

Myria

New Mexico, United States

C

Carlene

United States

RG

Ravi Gadad

United States

SG

Suresh Gadad

United States

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

SM

Sachet Marion

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Benjamin Kniaz

Boston, United States

SH

Stephanie He

United States

Humble Bundle Community

San Francisco, United States

ES

Evan Simons

United States

NM

Nitya Marepally

San Ramon, CA, United States

A

Ari

United Kingdom

VC

Victor Chong

United States

BE

Bob Ewing

United States

JD

JASON DORSETT

United States

RR

Rushil Reddy

United States

SL

Senja Larsen

United States

AL

Ada L

Boston, MA, USA, United States

Manayon Domingo

San Miguel Guimba, Nueva Ecija, Ph 3115, Philippines

PC

Peter Cordier

United States

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

ED

Eunan Doherty

donegal ireland, Ireland

A

Anonymous

United States

R

Raffins

United States

TB

Tim Barrett

United States

John Sercel

Florence, United States

KA

Khaled Asmri

Saudi Arabia

WC

Walter Clarke

Phoenix, United States

RF

Robert Foster

United States

Paul Buchheit

Mountain View, United States

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