Motorbike spare parts shop

Victor Kimilu

Mbokani Village, Kenya

41% repaid

Entrepreneur

Name

Victor Kimilu

Location

Mbokani Village, Kenya

On-time repayments

362 weekly installments  •  73%

About Me

i was born in a small village called mbokani in 1988.i went to a local primary school and secondary school nearby where i did well and secured myself a place in the university where i did a B COM Degree in Accounting.having come from a background that was financially challenged my education career was at the verge of collapse but well wishers and the church intervened.I managed to do my degree.necessity is the mother of invention,through the difficult moment my family and I was in,I got a job in one of the wholesellrs shop in our local market as a shopkeeper. my salary was kes.15000.I used to save 2000per month and I did that for 6 months where I got kes.12000.I went and bought 4sacks of maize and 3sacks of beans that costed about 11800.I gave one bag of maize to my family for food.bucause I could not operate the business as a minor..I had to trade at our home.I would walk around the village marketing my products and within a short time I had daily customers. on makueni cereals such as maize,beans,peas,greengrams,sorghum, millet and others are the staple food for kamba community.with such stock..business moves.I have one daughter named mutanu who is ever smiling... she aspires to be a news anchor or a business lady.I love adventure with my family so much

My Business

currently i am running a small fleet of 3 motorbikes, and i also changed my business ventures from charcoal and cereals to spare parts business of the motorbikes.
my wife who is also my partner runs a boutique shop where she sells mitumba clothes. .i also run a taxi business where i earn an amount of about 30000 per month. Zidisha has really helped me grow and i think i will not have a challenge in paying the facility.the revenue i get from these business has helped mere add more stock,pay the loans, pay the few dues..i also pay for my sisters college fees and cater for my family needs

Loan Proposal

i recently started a motorbike spare-parts shop in my current place of residence with a stock of kes.30,000.the business is 3 months old and i can see fruits already. It is picking up very well however due to limited capital, i am unable to restock the different spare parts as the demand requires.
i wish to use the funds to purchase more stock that is fast moving of about 50000
again,i also intend to purchase the work tools for the mechanic which go for about 10000.since my budget is about 80000,of which am contributing 20000,the balance will be oscillating in the business to top up any other item that may not be captured in the budget.
with this,my profits are expected to double

Income Source

Motorbike business is one of the most lucrative business in the suburbs and the slums.Its is the mostly widely used means of transport in this generation.
this industry has employed millions of young people and are using them to earn their living.
The spare parts for motorbikes are on demand on daily basis owning to the increased number of the motorbikes and their vulnerability.The bikes have high affinity to wear and tear making the demand for the spare parts highly in demand.
With a well and strategical located business premise,with adequate spare parts and a good mechanic.

Feedback

1

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  • marymarrs    Jun 7, 2014

    Thank you Victor. You paid quickly. Let me know if there is another loan, as I would gladly fund you again.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$650.38

Date disbursed

Jul 22, 2020

Repayment status

Late

Projected term

12 months

Cost to entrepreneur

Service fee: 10% of $650.38 = $58.48

Credit risk payment: $87.71

Lenders

Daniel

Brussels, Belgium

T

Tmann

Los Angeles, United States

A

Anninymouse

Southampton, United Kingdom

Brian

Midhurst, Canada

Mikey

London, United Kingdom

B

BRWorthington

San Francisco, United States

investor

Candiac, Canada

M

MarkAndMary

Seattle, United States

C

chkuo

Taipei, Taiwan

tycho

Madison, WI, United States

KaraM

Somerville, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

E

erozlum

Istanbul, Turkey

lietu

Tallinn, Estonia

Hope2012

United Kingdom

DeanDropshot

Oslo, Norway

E

ElmTree

Wadsworth, United States

F

Forba

Mo i Rana, Norway

Kjartan

Oslo, Norway

Z

zako316

Chicago, United States

L

ldron7

Utah, United States

Martin

Manama, Bahrain

R

rcmssr

Woodbury, United States

T

Tallago3

Munich, Germany

johnandmoliehi

Canton, New York, United States

A

ashtanga99

Newport, United States

C

cjmenchaca

Austin, United States

MatthewHaight

Montgomery Village, United States

J

JacobZ

Bend, United States

Tavin

Ottawa, Canada

beverly

Vancouver, Canada

G D Export

Kolkata, India

B

Bavarian

Bavaria, Germany

TheMoonDuster

Brisbane, Australia

S

Snake707

Somewhere, Germany

D

Divergent

Bethesda, United States

Erica

Caledon, Canada

kickerofelves

Sao Paulo, Brazil

B

bgj21

Cambridge, United Kingdom

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

AdvancingCompassion

San Diego, United States

S

SvenWaage

Stavanger, Norway

A

Aastra

Los Angeles, United States

K

keane2097

Ranelagh, Ireland

M

mmcclu111

San Francisco, United States

mtnsailor

Harrisonburg, United States

Christopher

Copenhagen, Denmark

MPatino01

Somerville, United States

A

Aaron

Zurich, Switzerland

E

eboleaga

Mexico City, Mexico

P

Peksa

Espoo, Finland

M

mkellerman

Shanghai, China

J

JayZKay

New York, United States

D

dweiner

Madison, United States

nakamura

United States

fairspirit

Utrecht, Netherlands

camilberlin

Berlin, Germany

C

cardiff

Falls Church, United States

T

Taupe

Balzers, Liechtenstein

JTShorty

Gorham, Maine, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

indrayudha

Jakarta, Indonesia

numbat

Perth, Australia

C

corvus

Paris, France

paulclinton

malaga, Spain

W

WinWinNL

The Hague, Netherlands

Zal0m0n

Atlantis!!!! x), Mauritania

A

AndrewC

London, United Kingdom

gseletko

South Perth, Australia

S

Sreval

Manly, Australia

A

anagnan

BRUXELLES, Belgium

D

DavidJSmu

North Attleboro, MA, United States

mojobob

Hayward, United States

R

run426

DeBary, United States

Lambie

Perth, Australia

Mrdressup

Brisbane, Australia

ibc123

Seattle, United States

xtrahardware

Cazenovia, United States

D

dcheung

San Francisco, United States

J

jinx83

Brisbane, Australia

E

E

Marin county, United States

Freewolf

Salt Lake City, United States

MrMichigander

Marquette, United States

L

Lennert

Alphen aan den Rijn, Netherlands

M

mibrahim51

Mountain View, United States

mikeice

Kohler, United States

K

ksiebrandt

Omaha, United States

C

Clben7

Cincinnati, United States

P

Purplejeep

Moravia, United States

Evan Lamos

Brussels, Belgium

L

liseman

United States

sderickson

Berkeley, CA, United States

N

nguyenlapq

United States

G

GoughGirl

Washington, Dc, United States

M

martyb

United States

pvilliger

Zurich, Switzerland

M

Malibu

Westwood, United States

T

tomcat14

Brussels, Belgium

D

drorm

United States

S

sprasad89

United States

ScholaNatura

Czech Republic

L

lenders

United States

B

benlenarts

Netherlands

M

Mal57

Australia

S

stuartxyz

Denver, Colorado, United States

E

eliastheroux

United States

bb4dogs

United States

M

mitchmk84

United States

M

MaggieYG

United States

mepster

San Francisco, Ca, United States

johnhudson

Washington, DC, United States

R

RonEddy

United States

P

PeterDG

United Kingdom

B

bscent

Hong Kong

Lisbeth

Perth, Australia

M

MikeP

United States

J

JonAlec

United States

H

HLCharityFund

United Kingdom

Grant Xavier Storer

Seattle, Wa, United States

ThomasJosef

Berlin, Germany

R

Rajendra

Jamkhed 413201 Maharashtr, India

Pascal Coyles

Ghent, Belgium

C

ColoradoSkier

Denver, United States

S

springa

United Arab Emirates

PolarBearCapital

United States

begood

United States

DonnaFarley

Adelaide, Australia

R

ross22

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

JL

Joao Leal

United Kingdom

J

Joanne

Switzerland

KM

Kirsty M

United Kingdom

Haim Si

Mexico, Mexico

J

Joe

New York, United States

S

Sven

Netherlands

P

pombo

United States

T

Tobi

Germany

E

Erich

Zurich, Switzerland

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

Lauren

United Kingdom

R

Robert

Berlin, Germany

MZ

Matt Zirwas

United States

HW

Hans Weiss

Kiel, in the very north of Germany, Germany

T

Tarik

Ludwigshafen, Germany

W

Wade

United States

JD

Jo Dane

Melbourne, Australia

Lou Kaucic

Sanbornton, NH, United States

Daniel Hammarberg

Gothenburg, Sweden

Kristin Rhodes

Kansas City, Kansas, United States

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

JC

JD Conley

United States

I

Ian

United Kingdom

KD

Kent Don

United States

D

Dinu

Switzerland

John Prendiville

Portland, United States

YM

Yelka Mikolji

United States

ME

Manaal Eisa

Washington DC, United States

Cristina Huesch

Canberra, Australia, Australia

TH

tom hd

United Kingdom

Mark Grey

Redding, CT, United States

AH

ajay hampapur

United States

E

eriklonnroth

United Kingdom

Aran Dunlop

United States

André Pinto

Brussels, Belgium

Paul Smithson

Leeds, United Kingdom

P

Peter

Bratislava, Slovakia

R

Rahima

United States

I

isaac

United Kingdom

RC

Rudi Chen

United States

P

PeterP

United Kingdom

RH

Robert Hamner

United States

RG

Ravi Gadad

United States

Sinan Taifour

Munich, Germany, Germany

SM

Sachet Marion

United States

johannes

Taipei, Taiwan

L

Lucy

Australia

Benjamin Kniaz

Boston, United States

VC

Victor Chong

United States

Grégoire

Zurich, Switzerland

Ellen

Michigan, United States

D

Dalton

San Francisco, United States

Dean Suminski

Portland, Oregon, United States

GS

Gary Sinard

Franklin, TN, United States

D

Dave

Dropmore, Manitoba, Canada

Jane

Ontario, Canada

A

Anonymous

United States

Carrie

Arlington, MA, United States

Thereze Ovid

Brooklyn, New York, United States

Darren Jeppson

Denver, Colorado, United States

Mai Phuong Nguyen

Nashville, United States

LM

Lee Montecucco

Washington State, United States

sbdoc

Reno, United States

AM

Andy Marston

United Kingdom

E

EJOBIV

United States

FP

Fred Pratt

United States

Nick Studenski

Minneapolis, United States

Remo

Switzerland

DO

Denis Ontiveros

Guildford, United Kingdom

AO

Ahmed Omar

Netherlands

We Not Me

St. Paul, Minnesota, United States

AR

Axel Ratzer

Neuss, Germany

C

Carol

Bayswater, WA, Australia

R

RM

Australia

T

Tanvir

United States

DB

Darren Boyd

United States

Girolamo Marroccoli

Basel, Switzerland

D

David

United States

LT

Lisa Taylor

California, United States

Francesca

Scotch Plains - New Jersey, United States

JP

Jesus Pizarro

United States

J

Jason

West Palm Beach, United States

C

chellepaningbatan

United Arab Emirates

Andrew

United States

RS

Ralph Smyth

United Kingdom

A

Anne

Germany

Christine

Munich, Germany

GF

Gammon Family

United States

NB

Nikolaus Bührer

Karlsruhe, Germany

Angela Chu

Toronto, Canada

Sayuri

United Kingdom

David Hopkins

United States

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