Inventory of yatta tyres spear

Justus

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Justus

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 tyres for my business for adding stock. size (ten rolls)175/70,13 costing $us 56, size (10 rolls)185/70,14 costing $ us dollar 58, etc.
tubes the following sizes (30 rolls)185/70.13 costing 25.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$356.00

Date disbursed

Jul 27, 2015

Repayment status

On Time

Projected term

10 months

Lenders

Zidisha

Sterling, United States

D

duckdork

De Forest, United States

F

flaguy999

Tampa, United States

E

erlingre

Sør-Fron, Norway

MarshFamilyUK

Canterbury, United Kingdom

Mrdressup

Brisbane, Australia

D

Draka

South park, United States

N

nglogic

Warszawa, Poland

90803

Long Beach, United States

Svetlana3k

Harvard, United States

M

mcmathae

Santa Clara, United States

C

christopherttran

Toronto, Canada

J

JacobKate

Brisbane, Australia

JoaoManuel

Santiago Do Escoural, Portugal

M

MatthiasM

München, Germany

somuchjackson

Boston, United States

stroi08

Odense C, Denmark

E

Esseni

Cincinnati, United States

M

mallika

Laguna Niguel, United States

Y

yunfangjuan

Palo Alto, United States

R

raisage

Cote Saint-Luc, Canada

A

Andrea

Berlin, Germany

D

doroncoh

Tel Aviv, Israel

V

VeroCL

montevideo, Uruguay

E

edgrr000

Dallas, United States

C

Catch22

The Colony, United States

B

Budgie81

Norwalk, United States

H

Hal86

Sava, Italy

T

Tessa

Lake Mary, United States

H

haavi

Espoo, Finland

HernanB

Berlin, Germany

E

emilys

Rochester, United States

R

rosebo

Bend, United States

Parkmobile

Fort Bragg, United States

G

Gdrvasc

Frederick, United States

L

Lanny_Walker

Vermilllion, United States

B

Branjsmith

Philadelphia, United States

H

happytrailsjpd

South Bend, United States

M

markus61

cologne, Germany

S

samthewill

Winterthur, Switzerland

S

svt19

Toronto, Canada

D

daylin

Chicago, IL, United States

M

mibrahim51

Mountain View, United States

A

adelias

plymouth, United States

E

emilyeaton

New York, United States

K

ksiebrandt

Omaha, United States

D

dolfan19

Boiling Springs, United States

Namulanda

nairobi, Kenya

M

mueba

Frankfurt, Germany

A

Armeij

Veendam, Netherlands

G

giova

Padova, Italy

D

dmartink

Maryland, United States

G

GreenMoney

Lahr, Germany

A

anson

Alexandria, United States

A

Alizar

Toms River, United States

S

SanderBeckers

Brussel, Belgium

A

AEDCPD

Berlin, Germany

JinxGirl

Winnipeg, Canada

A

akshu71

Ottawa, Canada

T

Texikan

Fort Worth, United States

A

AandCfromCanada

Spruce Grove, Canada

D

dj9812

United States

C

cktsai

United States

M

Morgan1301

United States

L

liseman

United States

C

cindywu

United States

S

Smadori0

United States

T

TheNJBoys

United States

M

Molloy

Moorpark, United States

D

dajja

Stockholm, Sweden

T

topher

United States

E

elhh82

Petaling Jaya, Malaysia

E

EjLehar

Galesburg, United States

A

analyticsPierce

Denver, United States

OP

Old People

Corona Del Mar, United States

L

Leechy

Toronto, Canada

P

Peaches

United States

O

osubucks45

United States

B

bovine

United States

M

Mcohan21

United States

FrancoisGarcia

Montreal, Canada

GiselleF

United Kingdom

Dreamworks.nl

Den Haag, Netherlands

J

juniormint

United States

D

dcktdjc

United States

S

stevemorin

United States

A

adiipienaar

South Africa

A

alazybum

Australia

jonnyhj

Stockholm, Sweden

meryn

The Hague, Netherlands

Paul Buchheit

Mountain View, United States

Z

zdenek

Czech Republic

lauren and jubilee

San Antonio, Texas, Usa, United States

J

jenda

Czech Republic

R

Russell81

United States

B

bvirlet

United States

J

jackdupee

United States

A

ATMiller

United States

R

richardbrewster

United Kingdom

M

mitchmk84

United States

AltruismUSA

Los Angeles, Ca, United States

B

BarbG

United States

J

Jrung

United States

R

RosieWatrs

United States

E

emfagan1

United States

G

gsh589

United Kingdom

L

leftyoctober

Minneapolis, United States

R

ruth11

United Kingdom

T

thenwhen

United States

K

KRose

United States

C

cathyu2crazy

United States

smastermind

Jerusalem, Israel

E

ewaters1

Australia

alrisha11

United States

SimonD

Lincoln, Uk, United Kingdom

E

expatri

United States

C

CraigInCo

United States

Q

qeorge

United States

D

Dowdin

United Kingdom

chriseyre

Fremont, Ca, United States

H

hedyeyre

United States

G

GMB2014

United States

O

OzMonkey

Australia

S

simonthompson99

United Kingdom

S

Sophia20450

United States

AndrewNeu

Ho Chi Minh, Vietnam

J

JonAlec

United States

H

HLCharityFund

United Kingdom

S

spaceandthyme

United States

F

factotums

United States

P

pfeng

United States

Grant Xavier Storer

Seattle, Wa, United States

N

nedenchase

United States

M

me.iulian

Iasi, Romania

J

JamieRobertson

United Kingdom

N

NickiW

United Kingdom

S

StefanB

Stockholm, Sweden

K

Kebrenagast

New York, United States

R

rokbe

Netherlands

Andrew267

Birmingham, United Kingdom

F

Foster

United Kingdom

E

ErinL

United States

J

Jack123

United States

S

SuzanneD

United States

RJ

Ryan J Cotton

United States

Cathy

Melbourne, Australia

Fabian Linzberger

Vienna, Austria

U

Ulrich

Switzerland

MW

Matt Willis

United States

V

VGV

Netherlands

wissam

Jeddah, Saudi Arabia

Paul Buchheit

Mountain View, United States

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