Motorcycle spare parts for my auto business
John
Malindi, Kenya
100% repaid
Entrepreneur
Name
John
Member since
April 2015
On-time repayments
69 installments • 65%
About Me
My name is John mwangi born and raised in Murang'a county schooled in mountain secondary school, I started as a mechanic and made up to have my own garage created employment for people and myself.
The place where I live is of diverse cultures of most the waswahili's who are Muslims, christains and the tourist who vistit watamu of which is a good place for tourist for it has the best beaches and attractive sceneries like the grade ruins.
My Business
In basically watamu I think I have archieved the title of one of the best garages if not am one of them.
The services I provide Is one of the sale are mending of vehicles of which will be satisfactory to both the consumer and my self.
I offer servicing of vehicles which includes (oil change, greasing, gearoik change etc)
, panbeating and also give our customers after sales services which Is car wash after a service
Loan Proposal
Motor cycle being the most used mode of transport everywhere, I have come up with the idea of investing in motor bike spare in my area .this will gave me a great chance for as I have discovered, every ten minute more than five motor cycle must be on the road felling either a customers or goods to different location.
The loan will stock the following.
Bike tyres @20 dollar 5 tyres will be 100 dollars
Clutch plates @2 dollar 20 clutch Will be 40 dollar
Bike wheel bearings@5 dollars 20 bearings will be 100 dollars
Brake pads and brake cable will cost 50 dollars
Engine blocks@20 dollar's 4 will be 80 dollars.
With this kind of stock I will be able to serve many customers.Not only car,trucks but also motor bikes will buy from me.making my profit grow.
This kind of business will make my profit grow 30% .
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$388.00
Date disbursed
Jul 20, 2016
Repayment status
On Time
Projected term
5 months
Lenders
United States
United States
Netherlands
United States
Portugal
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Summary
Amount repaid
$407.41
Amount remaining
$0.00
Date repaid
Sep 1, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 31, 2016 | $19.16 | Jul 30, 2016 | $9.07 |
| Jul 31, 2016 | $10.08 | ||
| Aug 7, 2016 | $19.16 | Aug 7, 2016 | $19.16 |
| Aug 14, 2016 | $19.16 | Aug 14, 2016 | $19.16 |
| Aug 21, 2016 | $19.16 | Aug 14, 2016 | $0.20 |
| Aug 21, 2016 | $18.96 | ||
| Aug 28, 2016 | $19.16 | Aug 21, 2016 | $0.71 |
| Aug 28, 2016 | $18.45 | ||
| Sep 4, 2016 | $19.16 | Aug 28, 2016 | $1.76 |
| Sep 5, 2016 | $14.92 | ||
| Sep 6, 2016 | $2.47 | ||
| Sep 11, 2016 | $19.16 | Sep 6, 2016 | $1.06 |
| Sep 6, 2016 | $0.50 | ||
| Sep 11, 2016 | $17.59 | ||
| Sep 18, 2016 | $19.16 | Sep 11, 2016 | $2.57 |
| Sep 18, 2016 | $16.59 | ||
| Sep 25, 2016 | $19.16 | Sep 18, 2016 | $1.56 |
| Sep 30, 2016 | $17.59 | ||
| Oct 2, 2016 | $19.16 | Sep 30, 2016 | $7.61 |
| Oct 2, 2016 | $11.55 | ||
| Oct 9, 2016 | $19.16 | Oct 2, 2016 | $3.08 |
| Oct 16, 2016 | $16.08 | ||
| Oct 16, 2016 | $19.16 | Oct 16, 2016 | $4.08 |
| Oct 30, 2016 | $15.07 | ||
| Oct 23, 2016 | $19.16 | Oct 30, 2016 | $6.10 |
| Nov 30, 2016 | $13.06 | ||
| Oct 30, 2016 | $19.16 | Nov 30, 2016 | $19.16 |
| Nov 6, 2016 | $19.16 | Nov 30, 2016 | $13.16 |
| Jan 1, 2017 | $6.00 | ||
| Nov 13, 2016 | $19.16 | Jan 1, 2017 | $19.16 |
| Nov 20, 2016 | $19.16 | Jan 1, 2017 | $3.08 |
| Jan 17, 2017 | $16.08 | ||
| Nov 27, 2016 | $19.16 | Jan 17, 2017 | $4.08 |
| Jul 30, 2017 | $5.04 | ||
| Jul 31, 2017 | $3.02 | ||
| Aug 17, 2018 | $5.55 | ||
| Aug 18, 2018 | $1.46 | ||
| Dec 4, 2016 | $19.16 | Aug 18, 2018 | $0.76 |
| Aug 21, 2018 | $3.02 | ||
| Aug 22, 2018 | $2.77 | ||
| Aug 23, 2018 | $2.82 | ||
| Aug 25, 2018 | $3.02 | ||
| Aug 27, 2018 | $3.78 | ||
| Aug 27, 2018 | $2.97 | ||
| Dec 11, 2016 | $19.16 | Aug 27, 2018 | $9.13 |
| Aug 27, 2018 | $7.06 | ||
| Aug 28, 2018 | $2.97 | ||
| Dec 18, 2016 | $19.16 | Aug 28, 2018 | $7.11 |
| Aug 31, 2018 | $4.03 | ||
| Aug 31, 2018 | $6.05 | ||
| Sep 1, 2018 | $1.97 | ||
| Dec 25, 2016 | $5.09 | Sep 1, 2018 | $5.09 |
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