Money to buy spare parts for my bikes

George

Kahawa Wendani, Kenya

100% repaid

Entrepreneur

Name

George

Member since

August 2014

On-time repayments

286 installments  •  47%

About Me

I am a father of three two boys and one girl,I have stayed in kahawa Wendani for the past 25 years,I served in the army for nine years and after retiring settled in Kahawa wendani during my time in the army I learn t lots of skills part from the combat training and handling arms I learn t farming and even business so after I retired I started my own Courier Services Company and my office is also located at kahawa wendani on the first floor of Migunas Super market building room No 9 just some 50metres from the Kahawa Wendani Bus Terminus,During my free time I like spending time with family,jogging and reading novels.

My Business

My business involve offering services to clients we deliver anything you need to your doorstep,in my business I have three Motorbikes that we use for making deliveries like packed meals,parcels or anything that you would like to be delivered to your door step and we offer those services on 24 hours seven days a week basis,in my business I have employed three drivers and a front desk secretary together with me we are five staff members,in my business I ensure efficiency and punctuality and that's why my clients keep promoting my business and also new clients keep coming,in terms of competition my business stands out since I not only offer 24 hour services I also do delivery of all kind of items unlike my competition who concentrate on selected items.My challenge in business is when orders come in overwhelmingly and I am forced to hire bikes from outside which are normally very expensive and that's why I want to join Zidisha so I may look for funds to help me buy more motorbikes for my business.

Loan Proposal

I need funds to buy parts for my bikes since it costs me a lot to buy spares every time I take my bikes to the garage,I want to buy spares worth ksh25,000 i plan to add the funds from Zidisha to my savings and get the spares if I manage that it will enable me save up to ksh29,000 over a period of 9months since the spares I want to buy i can use for the same period but if am to buy them from the garage I spend up to ksh1,500 every week and that is very expensive.That will allow my business to yield maximum profit and so repaying the loan will not be a problem and also I will have plenty to save.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Nov 28, 2014

Repayment status

On Time

Projected term

4 months

Lenders

jan73

Eugene, United States

Franmiguel

Perth, Australia

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