Motor bike parts for my spare parts shop

Paul

Mazeras, Kenya

35% repaid

Entrepreneur

Name

Paul

Member since

August 2014

On-time repayments

222 installments  •  31%

About Me

I am Paul Kimani, aged 28 years married with two children. I was born in a small village Muranga County. I am the first born n a family of three children. - all males. I went to Mutunguru primary school and finished my exam in the year 2003. I stayed home for one year before I came to Mombasa with a friend whom I stayed with.



I got bored staying home idle so I decided to look for a job to keep myself busy. I joined a steel making company where I worked for a while. The salary was low and I decided to look for another company. I joined EPZ company for making clothes for export but the salary was equally small. I started saving so I can open my own business.

I saved for two years and I asked my friend for advice as to what type of business I could start with the money I had. I got many ideas and I took one idea of opening a motor cycle spare parts.

I had no experience in this area and I worked very hard to keep the business going.

My Business

I deal with sale of motor cycle spare parts. Motor cycle transport is very popular in this area and there are very many motor cycles and I saw that opportunity and decided to try my hand in it. Most of my customers are local riders who use their motor cycles as taxis to ferry people in town.

With time, I have created a wide customer base and most of them are repeat customers. I normally buy the spare parts from Nairobi where they are a bit cheaper. In a good month I make a net profit of about $ 230. This can change slightly when the business is low. I use the profit that I make from this business to support my family and my parents back home.

If given this money I will use it to increase my stock of spare parts.

Loan Proposal

My great thanks to lenders as the past loan has created a big change in my business and also to my life too but still I need more parts especially fast moving ones and thats why if I get this loan I will add more 100 tubes which will cost me $100,50 tyres which will also cost me $100 , 50 chains for $70.I hope the stock will help me to work without rushing so I will serve many of my customers at a time so making more profit and also saving time and money

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$387.00

Date disbursed

Jan 25, 2016

Repayment status

Late

Projected term

41 months

Lenders

Matt B

Stratford Upon Avon, United Kingdom

B

United Kingdom

PG

Paul Graham

United States

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

Loading...

Summary

Amount repaid

$142.50

Amount remaining

$264.89

Expected completion

Jun 30, 2019

Status

Repaying late

Installment amount

$2.00

Repayment History

Expected Payments Actual Payments
Feb 7, 2016 $5.00 Feb 1, 2016 $5.00
Feb 14, 2016 $5.00 Feb 9, 2016 $5.00
Feb 21, 2016 $5.00 Feb 9, 2016 $2.00
Feb 16, 2016 $3.00
Feb 28, 2016 $5.00 Feb 16, 2016 $2.00
Feb 23, 2016 $3.00
Mar 6, 2016 $5.00 Feb 23, 2016 $1.00
Feb 29, 2016 $4.00
Mar 13, 2016 $5.00 Feb 29, 2016 $1.00
Mar 14, 2016 $4.00
Mar 20, 2016 $5.00 Mar 14, 2016 $1.00
Mar 21, 2016 $4.00
Mar 27, 2016 $5.00 Mar 21, 2016 $5.00
Apr 3, 2016 $5.00 Mar 21, 2016 $1.00
Apr 5, 2016 $4.00
Apr 10, 2016 $5.00 Apr 10, 2016 $5.00
Apr 17, 2016 $5.00 Apr 25, 2016 $5.00
Apr 24, 2016 $5.00 May 3, 2016 $5.00
May 1, 2016 $5.00 May 3, 2016 $2.00
May 9, 2016 $3.00
May 8, 2016 $5.00 May 9, 2016 $2.00
May 9, 2016 $3.00
May 15, 2016 $5.00 May 9, 2016 $2.00
May 19, 2016 $3.00
May 22, 2016 $5.00 May 19, 2016 $3.00
May 23, 2016 $2.00
May 29, 2016 $5.00 May 23, 2016 $1.00
Jun 1, 2016 $4.00
Jun 5, 2016 $5.00 Jun 7, 2016 $4.00
Jun 23, 2016 $1.00
Jun 12, 2016 $5.00 Jun 23, 2016 $1.50
Jun 28, 2016 $3.50
Jun 19, 2016 $5.00 Jun 28, 2016 $2.50
Jul 17, 2016 $2.50
Jun 26, 2016 $1.00 Jul 17, 2016 $1.00
Jul 3, 2016 $0.00
Jul 10, 2016 $0.00
Jul 17, 2016 $0.00
Jul 24, 2016 $2.00 Jul 24, 2016 $2.00
Jul 31, 2016 $2.00 Jul 31, 2016 $2.00
Aug 7, 2016 $2.00 Jul 31, 2016 $0.50
Aug 12, 2016 $1.50
Aug 14, 2016 $2.00 Aug 12, 2016 $1.00
Sep 1, 2016 $1.00
Aug 21, 2016 $2.00 Sep 1, 2016 $1.50
Sep 9, 2016 $0.50
Aug 28, 2016 $2.00 Sep 9, 2016 $1.50
Oct 5, 2016 $0.50
Sep 4, 2016 $2.00 Oct 5, 2016 $1.50
Oct 13, 2016 $0.50
Sep 11, 2016 $2.00 Oct 13, 2016 $1.50
Oct 23, 2016 $0.50
Sep 18, 2016 $2.00 Oct 23, 2016 $2.00
Sep 25, 2016 $2.00 Oct 27, 2016 $1.00
Oct 30, 2016 $1.00
Oct 2, 2016 $2.00 Oct 30, 2016 $2.00
Oct 9, 2016 $2.00 Nov 19, 2016 $2.00
Oct 16, 2016 $2.00 Nov 19, 2016 $2.00
Oct 23, 2016 $2.00 Dec 1, 2016 $2.00
Oct 30, 2016 $2.00 Dec 1, 2016 $2.00
Nov 6, 2016 $2.00 Dec 9, 2016 $2.00
Nov 13, 2016 $2.00 Dec 9, 2016 $1.50
Dec 27, 2016 $0.50
Nov 20, 2016 $2.00 Dec 27, 2016 $2.00
Nov 27, 2016 $2.00 Dec 27, 2016 $1.50
Jan 13, 2017 $0.50
Dec 4, 2016 $2.00 Jan 13, 2017 $2.00
Dec 11, 2016 $2.00 Jan 13, 2017 $1.50
Dec 18, 2016 $2.00
Dec 25, 2016 $2.00
Jan 1, 2017 $2.00
Jan 8, 2017 $2.00
Jan 15, 2017 $2.00
Jan 22, 2017 $2.00
Jan 29, 2017 $2.00
Feb 5, 2017 $2.00
Feb 12, 2017 $2.00
Feb 19, 2017 $2.00
Feb 26, 2017 $2.00
Mar 5, 2017 $2.00
Mar 12, 2017 $2.00
Mar 19, 2017 $2.00
Mar 26, 2017 $2.00
Apr 2, 2017 $2.00
Apr 9, 2017 $2.00
Apr 16, 2017 $2.00
Apr 23, 2017 $2.00
Apr 30, 2017 $2.00
May 7, 2017 $2.00
May 14, 2017 $2.00
May 21, 2017 $2.00
May 28, 2017 $2.00
Jun 4, 2017 $2.00
Jun 11, 2017 $2.00
Jun 18, 2017 $2.00
Jun 25, 2017 $2.00
Jul 2, 2017 $2.00
Jul 9, 2017 $2.00
Jul 16, 2017 $2.00
Jul 23, 2017 $2.00
Jul 30, 2017 $2.00
Aug 6, 2017 $2.00
Aug 13, 2017 $2.00
Aug 20, 2017 $2.00
Aug 27, 2017 $2.00
Sep 3, 2017 $2.00
Sep 10, 2017 $2.00
Sep 17, 2017 $2.00
Sep 24, 2017 $2.00
Oct 1, 2017 $2.00
Oct 8, 2017 $2.00
Oct 15, 2017 $2.00
Oct 22, 2017 $2.00
Oct 29, 2017 $2.00
Nov 5, 2017 $2.00
Nov 12, 2017 $2.00
Nov 19, 2017 $2.00
Nov 26, 2017 $2.00
Dec 3, 2017 $2.00
Dec 10, 2017 $2.00
Dec 17, 2017 $2.00
Dec 24, 2017 $2.00
Dec 31, 2017 $2.00
Jan 7, 2018 $2.00
Jan 14, 2018 $2.00
Jan 21, 2018 $2.00
Jan 28, 2018 $2.00
Feb 4, 2018 $2.00
Feb 11, 2018 $2.00
Feb 18, 2018 $2.00
Feb 25, 2018 $2.00
Mar 4, 2018 $2.00
Mar 11, 2018 $2.00
Mar 18, 2018 $2.00
Mar 25, 2018 $2.00
Apr 1, 2018 $2.00
Apr 8, 2018 $2.00
Apr 15, 2018 $2.00
Apr 22, 2018 $2.00
Apr 29, 2018 $2.00
May 6, 2018 $2.00
May 13, 2018 $2.00
May 20, 2018 $2.00
May 27, 2018 $2.00
Jun 3, 2018 $2.00
Jun 10, 2018 $2.00
Jun 17, 2018 $2.00
Jun 24, 2018 $2.00
Jul 1, 2018 $2.00
Jul 8, 2018 $2.00
Jul 15, 2018 $2.00
Jul 22, 2018 $2.00
Jul 29, 2018 $2.00
Aug 5, 2018 $2.00
Aug 12, 2018 $2.00
Aug 19, 2018 $2.00
Aug 26, 2018 $2.00
Sep 2, 2018 $2.00
Sep 9, 2018 $2.00
Sep 16, 2018 $2.00
Sep 23, 2018 $2.00
Sep 30, 2018 $2.00
Oct 7, 2018 $2.00
Oct 14, 2018 $2.00
Oct 21, 2018 $2.00
Oct 28, 2018 $2.00
Nov 4, 2018 $2.00
Nov 11, 2018 $2.00
Nov 18, 2018 $2.00
Nov 25, 2018 $2.00
Dec 2, 2018 $2.00
Dec 9, 2018 $2.00
Dec 16, 2018 $2.00
Dec 23, 2018 $2.00
Dec 30, 2018 $2.00
Jan 6, 2019 $2.00
Jan 13, 2019 $2.00
Jan 20, 2019 $2.00
Jan 27, 2019 $2.00
Feb 3, 2019 $2.00
Feb 10, 2019 $2.00
Feb 17, 2019 $2.00
Feb 24, 2019 $2.00
Mar 3, 2019 $2.00
Mar 10, 2019 $2.00
Mar 17, 2019 $2.00
Mar 24, 2019 $2.00
Mar 31, 2019 $2.00
Apr 7, 2019 $2.00
Apr 14, 2019 $2.00
Apr 21, 2019 $2.00
Apr 28, 2019 $2.00
May 5, 2019 $2.00
May 12, 2019 $2.00
May 19, 2019 $2.00
May 26, 2019 $2.00
Jun 2, 2019 $2.00
Jun 9, 2019 $2.00
Jun 16, 2019 $2.00
Jun 23, 2019 $2.00
Jun 30, 2019 $0.39

Loading...