Loan to buy a carwash machine

Wilfred

Chitago, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Wilfred

Member since

June 2015

On-time repayments

122 installments • 72%

About Me

I am from a family that is not well of, though we had a small farm where we did cashcrop farming. But when we grew up the farm was subdivided and became small, so i decided to venture into business so that i could meet the needs of my family. I have three children and a lovely wife.
So i collected some money and started a business. i desire to give my kids the best education which i did not manage to access.

My Business

My main business is a small garage that i operate from under a tree, where i repair motocycles and bicycles. I make about five to seven thousand every week. i also operate a small car wash, from where i get more capital to pay one of my workers.
I like this business because around my area, there are not many affordable garages and car wash. So my under tree business has been a success so far.
I chose this business because it is easy to operate and it does not involve alot of costs.
I use most of my earning to feed and educate my kids

Loan Proposal

I need a loan to buy a car wash machine , now that i had managed to buy a big water reservoir tank with my first loan.

140 dollars- to add to what i have to buy a car wash machine
10 dollars to buy a hose pipe
30 dollars to buy cement and sand to make a platform from where i do the washing
20 dollars -to pay for labour in making the platform

Thanks for supporting me