Purchase additional trolley

Peter

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

March 2015

On-time repayments

91 installments  •  43%

About Me

My name is Peter Ngige Ngugi a cool guy/gentle and a Kenya by birth; currently working with Rift Valley Railways in the Supply Chain Department as a planner. I pursue Bachelor of Commerce and certified public accounting at the Technical University of Kenya.
My parents are Joseph Ngugi Murua and Tabitha Njoki Ngugi. My best friends are Miriam Nanyama Situma, David Wachuka Kuria and Ferdinand Mlati Chikira. I’m currently residing at Ruaka town, Kiambu County; Kenya.
I was born in a family of six; Grace Njoki, Peter Lemaron, Winfred Njeri, Jane Wanjiku, Ezra Mbeti and Mercy Wanjiku. I was born and brought up in Loitoktok Kikelelwa Village, kajiado County In Kenya. Technology. My hobbies include travelling, watching television and playing football.
I was brought up in a passionately entrepreneurial family and this gave me a love for business, we used to reside in a border (Kenya/Tanzania) town, this therefore gave my parents an opportunity to trade. They basically traded in Cereals and timber but currently they are trading in Sugar and Jagger y.
Growing up in a rural area was not easy; the opportunities thereby and the level of awareness of issues was low due to communication challenges. I otherwise managed to keep myself updated with the trends by reading magazines that even though had been by-passed by time.
My younger sister; Grace would wish to be a hotelier when she grows up. Mercy would wish to be a quantity surveyor while Ezra would wish to be an entrepreneur like me
My vision is to be a holistic individual who is equipped to transform the society.. I therefore work very hard to balance between my academics, social life, spiritual life and my physic. I therefore have to ensure that I have used my time prudently so as to make sure all this spheres of life are balanced

My Business

Business Name: Murua Trolleys.
Owner Peter Ngige Ngugi
Location: Nairobi Kenya
Business Opportunity
Murua is a swahili name for good and satisfactory.
Murua Trolleys was established after observing a challenge in passengers and travelers while transporting their luggage from one stage to another across the city.
Business Description
Murua Trolleys is a small scale transport business. The firm deals with transportation of luggage for customers around town
Operational Plan
Murua Trolleys is evolved in purchasing hand push/ pull trolleys then renting out the trolleys to its clients who are majorly the idler guys in the city. The firm buys the trolley at Ksh 5000 at Kariobangi South Jua Kali market then rents out the trolley at 200/- per 14hrs. The leases will then be required to bring back the trolley latest 9.00Pm.
Our clients will therefore be the lease. The lease will then use the trolley to carry goods from one place to another they will thence charge the customers between Ksh 50 and 100 Sh. In Essence the lease can raise 200 In the first hour of operation and this therefore means all of the rest of their income is theirs. This form of engagement in fair to both the client and me the proprietor since with an income from 200/- per day per trolley means I can be able to realize my investment in less than two Months. The trolleys are returned at my place at my place at 9.00Pm
OPPORTUNITIES
Focusing into the everyday growth on Nairobi City gives me a hope that MURUA TROLLEYS shall expand each day. I will also seek to invest the suburbs of Nairobi such as Gikomba, Githurai and Ruaka
Merits accrued from the operation
It is way of giving back to the society as I’m able to engage the’ idle’ and the less fortunate (i.e. financially) they can therefore earn their income and therefore improvement in their livelihood,
I’m able to make my daily living and therefore support my family.

I would request lenders to support me in this project. I suppose that the project

Loan Proposal

Purpose for the Loan
Purchasing one more trolley
A trolley goes for Sh 5000. At the end of 2015 I should have bought 10 trolleys from the loan from Zidisha and the retained earnings.
Business Name: Murua Trolleys.
Owner Peter Ngige Ngugi
Location: Nairobi Kenya
Business Opportunity
Murua Trolleys was established after observing a challenge in passengers and travellers while transporting their luggage from one stage to another across the city.
Business Description
Murua Trolleys is a small scale transport business. The firm deals with transportation of luggage for customers around town
Operational Plan
Murua Trolleys is evolved in purchasing hand push/ pull trolleys then renting out the trolleys to its clients who are majorly the idler guys in the city. The firm buys the trolley at Ksh 5000 at Kariobangi South Jua Kali market then rents out the trolley at 200/- per 14hrs. The leases will then be required to bring back the trolley latest 9.00Pm.
Our clients will therefore be the lease. The lease will then use the trolley to carry goods from one place to another they will thence charge the customers between Ksh 50 and 100 Sh. In Essence the lease can raise 200 In the first hour of operation and this therefore means all of the rest of their income is theirs. This form of engagement in fair to both the client and me the proprietor since with an income from 200/- per day per trolley means I can be able to realize my investment in less than two Months. The trolleys are returned at my place at my place at 9.00Pm
OPPORTUNTIES
Focusssing into the everyday growth on Nairobi City gives me a hope that MURUA TROLLEYS shall expand each day. I will also seek to invest the suburbs of Nairobi such as Gikomba, Githurai and Ruaka
Merits accrued from the operation
It is way of giving back to the society as I’m able to engage the’ idle’ and the less fortunate (i.e. financially) they can therefore earn their income and therefore improvement in their livelihood,
I’m able to make my daily living and therefore support my family.
Challenges
-Some leases are not trustworthy
-Financial constraints

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Apr 6, 2015

Repayment status

On Time

Projected term

7 weeks

Lenders

C

CWS

Huntington beach, ca, United States

investor

Candiac, Canada

J

johan

Oslo, Norway

E

erozlum

Istanbul, Turkey

F

faical

Cologne, Germany

sebastienrosa

Quebec, Canada

T

ToddK

Indianapolis, IN, USA, United States

J

jdhowa2

Louisville, KY, United States

EmilAsker

Lomma, Sweden

ads68

Melbourne, Australia

O

Oscart

Edmonton, Canada

Bruno

São Paulo, Brazil

Zal0m0n

Atlantis!!!! x), Mauritania

DJBic

Clinton, United States

Matching Fund

Sterling, United States

S

spivurno

United States

Paul Buchheit

Mountain View, United States

M

Michi

Switzerland

Brooklyn

Brooklyn, United States

Anu

India

KM

Kirsty M

United Kingdom

Dave Bogard

New York, United States

J

Jaelle

Vienna, Austria

Cathy

Melbourne, Australia

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