loan to add stock of motorbike spares

Henry Mwangi

Bahati Scheme, Kenya

97% repaid

Entrepreneur

Name

Henry Mwangi

Member since

September 2012

On-time repayments

103 installments  •  71%

About Me

My name is HENRY MWANGI NDIRANGU. I am married with three children. My business is situated at Karunga Shopping centre, from Nakuru/Nyahururu road as you reach a centre called Maili Saba. You branch to your right take a rough road go past St. John’s secondary school, then from their to Karunga Centre. I live at Bahati Scheme, 2 KM from Karunga Centre. If you ask for Baba Ndirangu you will be brought at my home.We live in Karunga centre where we boarder the bahati forest and so the place is very productive due to the rainfall through out the year.

My Business

I am a mechanic (motorbike repairer) I have garage by the name MWERERI GARAGE. I also sell motorbike spare parts e.g rubber tubes, clutch cables, rings, spotlights bulbs, break shoes e.t.c. Is a good business since in our area motorbikes have become the best economical, efficient mode of transport. Due to lack of unemployment youth have engaged in a business of carrying passengers to and from the village(boda boda) Due to rough road many bikes get problems and there I get business by repairing them. From my business I get about Ksh. 30,000 per month that is Ksh. 360,000 annually. Risks that my business faces are rain and hot sun shines and lack of some spare parts since I am far from Town centre.

Loan Proposal

Hello Zidisha lenders. First is to thank you for the loan you have been giving me. I have been doing well in my business with your Help. This is my third loan which i will Buy Motorbike spares and add to my storck at my Shop of selling Motorbike spares and repair. I will pay My loan with profit i get in my Business. I have more customer due to my considerable prices and offer of good service. Thank you as you give your bids.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,483.22

Date disbursed

Jan 6, 2015

Repayment status

Late

Projected term

13 months

Cost to entrepreneur

Lender interest: $1,483.22 at 5.80% annual rate over 13 months = $97.13

Service fee: $65.07

Lenders

rebecca

Chapin SC, United States

A

agwong

California, United States

smonroe

Stanford, United States

Dianne

Maryville, United States

J

johans

Malmö, Sweden

tjm212003

Montreal, Canada

JB

James Broderick

Cobham, United Kingdom

C

CWS

Huntington beach, ca, United States

B

bgalon

London, United Kingdom

E

Errol

Bradenton, FL, United States

neffe

Berlin, Germany

S

Snick

Halle, Germany

A

alfredo

Bremen, Germany

H

Hilke

Bremen, Germany

C

Canlender1

Nanaimo, Canada

M

Monarch84

Las Vegas, United States

Dymero

Manchester, United States

G

Givemoreuseless

Waterloo, Canada

seabass

New York, United States

J

jra299

New York, United States

Archie

Rochester, United States

Eduardo

Langenthal, Switzerland

lucafrangi

Vienna, Austria

HI

Highly Improbable

Saskatoon, Canada

Irvin

Vancouver, Canada

investor

Candiac, Canada

J

johan

Oslo, Norway

P

Peter

München, Germany

Kitty

Hailsham, United Kingdom

torelizer

Reggio Emilia, Italy

M

MarkAndMary

Seattle, United States

J

JonnyPrice

San Francisco, United States

M

MrMc2

Saugerties, United States

T

tatts2000

melbourne, Australia

Veronika

victoria, Canada

S

SovTempest

Toronto, Canada

malcolm D

grants pass, United States

C

Catolas

Kelowna, Canada

D

drakekids

Greensboro, United States

S

Spassmacher

46244 Bottrop, Germany

Y

yop324

Ottawa, Canada

P

Philippe

Adliswil, Switzerland

bdm4a

San Fransisco, United States

W

Witlof

Tsukuba, Japan

T

TobyKenobi

Syracuse, United States

KaraM

Somerville, United States

A

adwatson

Milan, MI, United States

BelleStarr

Albuquerque, United States

K

KakkoiiCali

Anaheim, United States

D

DrFeelGOOD

San Jose, United States

K

Kubicek

Baton Rouge, United States

S Flower

Australia

E

erozlum

Istanbul, Turkey

J

Jmay2133

Fremont, United States

Joellen

Boulder, United States

C

CavLender

Charlottesville, United States

E

Ehaffey

Washington D.C., United States

L

lmuenchen

Munich, Germany

U

uBaJ41

Afton, United States

A

andyfletcher

I want my "My loans" page back, Qatar

C

ColinPlatt

Montgomery Village, United States

L

lumlum

Renens, Switzerland

B

Bpryse

Long beach, United States

DeanDropshot

Oslo, Norway

I

ideerge

Mountain View, United States

EHTHighSchool

Egg Harbor Township, United States

Tilius

Oslo, Norway

C

CanadianBiker

Peterborough, Canada

J

Jdoyle

Kitchener, Canada

Tuomas

Helsinki, Finland

Straetman

Kaarst, Germany

boggsi

London, United Kingdom

A

alender

Antwerp, Belgium

G

golivera

Lima, Peru

J

jozua

Delft, Netherlands

K

Kerkeslager

Richmond, United States

A

AlethiaLtd

Carlisle, United Kingdom

traciyoshiyama

Honolulu, United States

A

argentpepper

Boston, United States

W

world

Kansas City, United States

W

Withnail

Reading, United Kingdom

Godsglory1

Santa Cruz, United States

L

louisela

Eugene, Oregon, United States

J

Jemilla

London, United Kingdom

J

jrtregurtha

Ridgefield, United States

joselvelez

Dallas, United States

petitnekomimi

Milverton, United Kingdom

F

faical

Cologne, Germany

F

flowerbells

Portland, Oregon, United States

G

gt2016c

Birchgrove, Australia

S

searthsong

Colorado Springs, United States

N

noah695

Salt Lake City, United States

Tjitser

The Hague, Netherlands

A

AJCortens

Boise, ID, United States

H

Hynek

Brussels, Belgium

T

TopUp

Toronto, Canada

J

jjcharlie

chicago, United States

H

Houdini314

Elwood, United States

ZlataRoy

Cheltenham, United Kingdom

F

FaaThailand

Bangkok, Thailand

MichaelDean

San Jose, United States

A

anonymus

Moon, United States

TOTEMonline

Muscat, Oman

G

giaco

madrid, Spain

A

Aloha

Cologne, Germany

Z

zemaj

Sydney, Australia

M

markj

Camberwell, Australia

J

Jacquinta

London, United Kingdom

yeahboi78

Alexandria,LA, United States

M

mpeters

New York, United States

Zidisha

Sterling, United States

K

kathy207

South Portland, United States

SteveW

Birmingham, United States

A

aliasadsj

Queens, NY, United States

sebastienrosa

Quebec, Canada

Lorax

Around, United States

K

Kristina

Christchurch, New Zealand

S

Shorty

London, United Kingdom

S

Steveandson

Arlington, United States

A

ashtanga99

Newport, United States

R

ryano

New Westminster, Canada

G

GLWall

Iowa, United States

L

lped759

Saint Paul, United States

Kate4Good

Washington, United States

K

kipwhite

California, United States

P

Piccolo

London, United Kingdom

DaveinPerth

Perth, Australia

K

kingmark1

Calgary, Canada

A

ante1

trosa, Sweden

BJ

Brandon Joz

North Carolina, United States

M

MarleyZiggy

Colorado, United States

E

eljama

Chapel Hill, United States

SP

Steve Picchione

Lake Elsinore, United States

J

John

Newbury Park, CA, United States

J

jgrauel

Zurich, Switzerland

RochelleSpencer

New York, United States

T

theshots

Vancouver, Canada

N

nanning

Baltasound, United Kingdom

N

ningli

Charlotte, NC, United States

Aggul

London, United Kingdom

W

woodleycw

Ottawa Ontario, Canada

Kysera

Crawfordsville, United States

S

SweAus

Adelaide, Australia

A

Angela

Heide, Germany

Jeff and Marcie

Portland, OR, United States

S

Southernyank

CHAPEL HILL, United States

E

Elisa

Espoo, Finland

queenjord

edmond, United States

B

blahblah

Nuernberg, Germany

M

mrhanky1

melbourne, Australia

T

thejacobnorton

Jubail, Saudi Arabia

S

SelvaMarcus

Green Cove Springs, United States

beverly

Vancouver, Canada

CharlieBfl

Vaduz, Liechtenstein

J

jjonas

berlin, Germany

G

grahamfamily

Guildford, United Kingdom

indeh

London, United Kingdom

Quentin

Toronto, Canada

Cloudways

Malta, Malta

zphelj

Dallas, United States

LadyPhi

Ontario, Canada

J

Jopar

Corroios, Portugal

JC

Jordi Cohen

New York, NY, United States

fairspirit

Utrecht, Netherlands

Gordons28

Santa Monica, United States

JM

Joseph Martinez

San Jose, United States

L

LindsayB

Sydney, Australia

Bobrm2k3

Charleston, United States

Cricketca

San Jose, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

C

caz32

chertsey, United Kingdom

Longhorn

Austin, United States

neocodesoftware

vancouver, Canada

isabelv

Barcelona, Spain, Sweden

S

Serene

Philadelphia, United States

B

Bokolo

Leeds, United Kingdom

andreatagliatti

Manchester, United Kingdom

dmirpuri

Bangkok, Thailand

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

markpearson

Portsmouth, United Kingdom

DJBic

Clinton, United States

E

E

Marin county, United States

H

Haavard

Bergen, Norway

J

jcappel

Toronto, Canada

Walterlo

West Hollywood, United States

B

BobHope

United States

pvilliger

Zurich, Switzerland

M

Malibu

Westwood, United States

H

HoseB

San Francisco, United States

P

payette

Ottawa, Canada

Kamil

Lidzbark Warminski, Poland

G

geoff

United States

camden01

Connecticut, United States

M

meric

Australia

T

tommychheng

san francisco, United States

S

simonista

United States

M

Michi

Switzerland

K

Karpet

Faroe Islands

joshuacollinson

Vienna, Austria

P

Panda6689

United States

TyWee

Manila, Philippines

Vesa

Helsinki, Finland

Mikers

Netherlands

A

AlexH

United Kingdom

SV

sven vdk

Twickenham, United Kingdom

M

M.Umar

Pakistan

LouisB

ZIDISHA, Mozambique

J

JessicaAna

Maputo, United States

ToddTho

World Wide, United States

LutianaPablo

Rome, Italy

B

BigRosie

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

C

CSM

Berlin, Germany

AH

Alex Huxley

Ellesmere Port, United Kingdom

BM

Brian Mickel

United States

Dave Bogard

New York, United States

A

AmyLuYenYin

Brisbane, Australia

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

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