Loan to add spares

Gilbert Magonga

Gotinyango, Kenya

100% repaid

Entrepreneur

Name

Gilbert Magonga

Member since

June 2017

On-time repayments

18 installments  •  44%

About Me

I was born and raised in asmall village called gotinyango. I later joined primary school for eight years from class one to class 8. I was not able to join high school because I did not have enough fees, so I went and joined a technical college in my home area where I did mechanical engeneering. After I completed my studies, I joined a local workshop where I worked as amechanicic for six years. I later joined another garage for two years befor I moved to a different town to open my own shop.
I waS ABLE TO OVERCOME CHALENGES by the help of my parents and the small business of farming that I did in the formative years.
The unique culture of where I live is that the area is becaming industrialized
And the populationis high.

My Business

The business that I currently do is the one of selling both new and second hand apares. I sell a range of spares, from tyres, tubes, cluthches, lubrication oil, bulbs, paint among many others.
I was able to raise capital for this busness, from the saving of of the job that I did.
I use the money that I get, to save and give my children good education

Loan Proposal

I currently do not have enough stock in my shop. I have saved some money and i need around 200 dollars .
I have a supplier who imports goods from china and he is ready to supply me at an affordable cost in the course of next month.

I need to stock tyres, break, and oil because this are the fast moving items

My budget
break shoes- 70 dollars
oil - 100 dolllars
tryes- 30 dollrs

thanks for supporting me

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$68.00

Date disbursed

Aug 4, 2017

Repayment status

On Time

Projected term

4 months

Lenders

W

Walter

Victoria BC, Canada

Kjartan

Oslo, Norway

R

rcmssr

Woodbury, United States

J

Jessica

Patagonia, Argentina

indeh

London, United Kingdom

J

JandC

Watsonville, United States

ReducedFat

Lake Forest, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

F

FuzzyHat

London, Canada

Z

zblongladder

Somerville, United States

bconrad

Seattle, United States

K

Krish

Dubai, United Arab Emirates

gseletko

South Perth, Australia

D

Draka

South park, United States

NedRyerson

Munroe Falls, United States

G

guggl

Vienna, Austria

C

ColoradoEmac

United States

Paul Buchheit

Mountain View, United States

A

adamdreaming

United States

J

Jack123

United States

M

Marcus86257

United States

MF

Martin Fisher

United States

AH

Adam Hill

United States

PG

Paul Graham

United States

DL

Dan Lawrence

United States

Eugen Stamm

Zurich, Switzerland

R

Rolands

Taichung, Taiwan

KT

Kate Turner

United States

BW

Betty Waweru

United States

I

ixeldog

atlanta, United States

K

KH

United Kingdom

TO

Thomas O'Neil

United States

SP

Stephanie P

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

J

Jakub

Czech Republic

M

Mack

Harbor, Oregon, United States

Philipp Lehmann

Zurich, Switzerland

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

HB

Hugo Boss

United Kingdom

NS

Natalie Stone

United States

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