Loan for additional of stock and spareparts
Evans
Nakuru,langa Langa, Kenya
7% repaid
Entrepreneur
Name
Evans
Member since
March 2014
On-time repayments
322 installments • 20%
About Me
My name is Evans Miriti I was born in Tharaka Nithi County in the year 1982. I am the third born in a family of three children our first born is a teacher at nearby primary school called Muraga primary, the second born is a business lady. My parents are tea farmers as well as dairy farming. I was bought up in Tharaka Nithi County but I moved to Nakuru Town the year 2006, where I live to date in Langalanga Estate. I am a business man and I hope I will live to be one.
I started my schooling at Muraga primary school the year 1989, until I did my K.C.P.E in 1998, I did well and proceed to Ikuu boys’ high school of which I did my S.C.S.E in 2002 and I got C- (minus)
My journey to business world was hectic one, I started selling handkerchiefs the year 2006 in Nakuru Town, and we used to live four guys in a single room. In the year 2008 I stopped selling handkerchiefs and started selling second hand shoes using the savings I had saved plus a loan I borrowed from my aunt. My business have grown since I have a shoe in Nakuru town the earning that I earn has helped me buy a motorcycle –KMCU 75K, I also have a rabbit rearing business which seems to be promising.
My Business
If granted the Zidisha loan am very sure I will pay the loan with the money I get from my motorbike which I have hired someone to operate. There is a great demand for my service especially the motorbike business due to its convenience speed, time saving and also pocket friendly to the customers.
This business is profitable since there is always customer in hand, the maintenance also does not need much money. It also uses little fuel making it more profitable.
My business forces, some risks one of item is theft, secondly the police harassment, but I have decided to stick to it since there is no business without risks. My monthly (cost are 1,200/=, revenue 7,800) profit 6,600/=.
Loan Proposal
Dear lenders, thank ytou for supporting my previous loans and making my business run well, today I am requesting for some more support regarding my business or motorbike transport,I Transport people to their place of employment, medical appointments, schools and also i have a small repair shop where people comes and get there motorbike repaired as well purchasing of small spare parts,
What is the purpose of this loan?
$300 - will add some reflectors and tires for bikes in my small shop
$200 - will purchase umbrella for my 3 other motorbikes which i have employed 3 people to ride
$89 - will be used to purchase bulbs for the motorbikes and add to my shop for sale.
through this loan, in the next three months i am expecting my business to raise to 70% increase from my current 40% which zidisha has helped me achieve through previous loans.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$612.00
Date disbursed
Dec 22, 2015
Repayment status
Late
Projected term
64 months
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