New motorbike spares for sale

Darius

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Darius

Member since

November 2017

On-time repayments

68 installments  •  62%

About Me

My full names are Darius Butiya Mukabwa, iam from a family of seven, I educated up to university level, I studied business management, I have straggled hard to sustain the hardship of this so called life, after my studies I began small scale farming which sustained me and my family members, I lost my father in the year (2005) who died of throat cancer, my father was the king pillar in our family so due to his death, he left a big gap which was hard for us to fill expecialy me because I am the first son in our family, I had to work hard in order to support my youngest sister and brothers in their education, by now I thank God because I have something to smile about, the children I offered to support are currently doing well in their education, in fact they always be among the top first top ten.

My Business

I am a manager at my own car wash, I decided to raise this business because I found it is a flowing business, I have recently employed four men, as I can see they are hardworking hence I earn almost 10,000kes per day, we normally wash motorcars, motorbike and also house carpets. This has enabled me to lift up and change life of my fellow youth hence they were jobless, it sometimes forced some of them to turn into goons and thieves but by now they are happy hence they are no longer idlers, hence idling leads to evilness, by now, when we normally close business at around 6pm, they have something to smile about, hence they will have something little to fill in their stomach. I pay each of them 500kes, and when the job has flows well I add something little on top of it.

Loan Proposal

By the fact that I am motorbike rider by profession, I decided to raise a motorbike spare shop, I am selling spare part e.g tyres, fuel tank, Head lump, bulbs and tyre tubes, I have both experience and ideas about motorbike which encouraged me of raising such business, the sparepart I want to add includes two fuel tank, seven Head lumps, twenty tyre tubes and four piston valves, all of them will cost a total amount of 191.49 dollar equal to 19500kes, the good luck is, where this spare shop is situated, there is no other spare shop near, it is the only one, this will lead to more sell, my profit will increase to a maximum of 30%, wich will enable me to raise some amount for school fees, buy enough food for my family and invest some amount too.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$113.00

Date disbursed

Mar 21, 2018

Repayment status

On Time

Projected term

4 months

Lenders

Freewolf

Salt Lake City, United States

M

Marko

Helsinki, Finland

Paul Buchheit

Mountain View, United States

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