pickup spare parts for my goods transport service

Michael

Kericho, Kenya

99% repaid

Entrepreneur

Name

Michael

Member since

December 2014

On-time repayments

123 installments  •  59%

About Me

I am 22 years old, I come from Kericho county Kapkatet town. My childhood has been a life of tricky in terms of sustenance. I traveled several kilometers to a local primary school and later proceeded to high school, my parents struggled a lot to get us school fees with my siblings. Luckily i managed to finish school, even after undergoing several dropouts. I passed well in high school but unfortunately due to the demands and school fees for my siblings, I enrolled in a local driving school. After graduating from there i was employed by somebody to be driving his matatu (van). With time i got a well wisher who would give me his pickup to use it transporting goods for people in our area so that i can generate funds for my family and sustain myself and more so save for college. After sometimes the owner offered it to me, even though i regularly spend a lot in services and maintenance of the pick-up. During free times i like reading informative articles and magazines, adventure, playing and watching football.

My Business

My business involves making of bricks for building houses and selling them to the local people in my village environment at a friendly fee. I wish to request for loan for making more bricks in order to meet the demands of the people. This business is easy for me and i find it interesting in ensuring people get quality bricks for building modern houses.

Loan Proposal

Once granted the loan i will use in the the following ways; i will buy with it 2 shock absorbers whereby both are going at $27, a spare tyre for going at $34, engine oil which is costing $16 and Oil filter which goes for $6. If this proposal is financed it will be of great benefit to me, as i work hard to earn something using the pick up so that one day i will be able to finance my college fees.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Dec 30, 2014

Repayment status

On Time

Projected term

26 months

Lenders

S

sebseb

The Hague, Netherlands

S

SlyDoh

Tomball, Tx, United States

Ask Michael a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Michael    Mar 1, 2024

    Hi,
    Thank you for funding my project proposal.
    I will use the funds to buy roofing materials for the barn I am constructing for my goats. These materials include; iron sheets, nails, and more timber.
    Once more, I am very grateful for funding this project proposal.

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  • Michael    Mar 1, 2024

    Thank you all the lenders for funding my previous project.

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  • Michael    Jan 20, 2024

    Thank you to all the funders, I did receive the money.

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  • Michael    Jan 6, 2024

    Thank you for the funders.
    I will use the money to buy Maize seedlings and fertilizers.
    I am very grateful for all the people who have funded my proposal. It will help me in fulfilling my farming project.
    Thank you.

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  • Michael    Nov 15, 2016

    The current weekly payments seems to be too much for me and i am undergoing alot of financial troubles. I wish to adjust down so that i can pay comfortably. thanks.

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  • Michael    Jul 27, 2016

    I wish to adjust my weekly installment.

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  • Michael    Jul 2, 2016

    I have been challenge by my current financial status and i wish to adjust as i arrange myself on how to meet my weekly installments.

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  • Michael    May 16, 2016

    I wish to increase the weekly installments so that i can speed up the payments.

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  • Michael    Feb 29, 2016

    I can't repay the current weekly installment i wish to reduce it

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  • Michael    Feb 2, 2016

    I wish to change my weekly installments to KES 200.

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  • Michael    Sep 5, 2015

    My weekly payments are a bit too much for me at the moment and i have endured some financial problems which have pinned me down and i saw it's better to reduce the weekly installment.

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  • Michael    Apr 25, 2015

    Dear Lenders, thanks once more for the loan you gave me. This a photo while servicing the pickup. Be blessed always.

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  • Kipngeno    Feb 5, 2015

    Gudmorning mike,your repayment rate is very poor.what might be the problem bro?

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  • Michael    Jan 31, 2015

    I wish to reduce my weekly instalment, my business has been very low. Initially i had thought it would be fair but it's too low that i am struggling to sustain myself so i would prefer to reduce the weekly payments. Once i get back to fair rates i will increase the weekly payments so that i repay the loan as soon as possible.

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  • Michael    Jan 16, 2015

    Currently my business is abit low due to lack of customers, i believe this has been caused by the january drought and lack of money. With this regard i wish to reduce my payment instalments for a moment, so that i would not sarin a lot until the business picks up well again i can reschedule back the payments. I must appreciate the loan because i was able to repair my pick up and get some good spare parts. For now i am ready for any work, but the only challenge now is the work load is few, THANK YOU ALL THE LENDERS, BE BLESSED.

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  • Michael    Jan 2, 2015

    Thanks Denis for the recommendation. Sawa sawa! HAPPY NEW YEAR.

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  • Kipngeno    Dec 31, 2014

    Wau so wonderfull and if u need assistance don't be shy to ask me.

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  • Michael    Dec 31, 2014

    THANK YOU ALL THE LENDERS I WILL UTILIZE APPROPRIATELY THIS FUND IN ORDER TO REALISE MY DREAMS. BE BLESSED ABUNDANTLY

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