Loan to buy spare parts for motorcycles

Leonard

Mbita Township, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

days left

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How it Works

Entrepreneur

Name

Leonard

Member since

March 2015

On-time repayments

8 installments • 0%

About Me

My family has been in fishing business since I was young. I got involved in fishing too while I was young and continued with my studies. After successfully sitting for my Kenya Certificate of Primary Education (KCPE), I couldn't continue with my high school education and decided to venture fully in fish-hawking business.

I used to take fish fish from the lake shore using bicycle and since markets were far away, I bought a motorcycle using the savings. There;s need for motor cycle spare parts in Kirindo village, where I live and having devoted myself entirely to trading in motorcycle parts, I seek a loan of US$100 to buy assorted motorcycle parts for sale at my shed. I seek Zidisha's financial support in order to expand my business.

My Business

I am a trader of spare motorcycle parts. It is a noble activity. I've benefited from training in the field of mechanics and sales. Currently a parts dealer in the precincts of the market specifically made for the small scale business ventures, I buy various spare parts of motorcycles from suppliers from in Kisumu or directly from people who bring them to me on the spot. So I come to Zidsha with the aim of qualifying for a loan to boost my business.

Loan Proposal

I am shopping for spare parts. It is a noble activity. I buy the different parts of motorcycle either through some suppliers from Kisumu or by individuals who deliver on-site directly. I come to Zidisha in order to qualify for a loan to boost my activity. This time I intend to buy in sufficient quantity. With a loan of 100US$, I will be able to buy engine oils, indicators, head lamps and fluids for sale to motorcyclists that use the spares in their motorcycles.