Loan to buy a tyre changer
Juius
Eldoret ,kamukunji Estate, Kenya
9% repaid
Entrepreneur
Name
Juius
Member since
February 2016
On-time repayments
281 installments • 52%
About Me
I am Julius Ouma ,born Eldoret Town Kamukunji Estate 27 years ago.Iam married and God has blessed us with one sone who is yet to start schooling next year
I myself have completed O level education but did not continue with college due to financial problems .After two years of my O Level I joined a course of motor vehicle mechanic sponsored by catholic church near by .I finished the course in three years then got a job in Jua kali sector in Eldoret town.
My Business
I repairs motor cars and also replace the spares and doing services.
This service is in demand and important because there are many people buying cars from abroad and no body or there are very few technicians servicing them or rather repairing them.
My typical cost and revenue is approximately 150 us dollars
This is how I use my profit which I do get from the Business ,
School fees ,40 %
Re investment 10%
Home improvement20%
I also give to the Church 10%
This will increase as the Business also grows and expenses will also grow.
Loa
Loan Proposal
Hello my lenders am back a gain and this time around I want to buy a tire changer,this will make my work easier,I want to buy a tire changer worth 85000 thousand Kenyan shillings.
This will make my business do more better and even some customers have been asking a bout it.
This will boost my profit up to 50000 thousand Kenyan shillings,thank you and may God bless you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$805.00
Date disbursed
Jul 30, 2018
Repayment status
Late
Projected term
38 months
Lenders
United States
United States
United States
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