New tyres for my motorbike spare shop

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

I will use this loan to buy new motorbike helmet for sale, I will probably buy four helmet's which cost 6.91 USD each, I will have to sell each at 9.89 USD each, I will have gained a profit of 2.97 USD per helmet, this will be a good boost to me because it will enable me to enlarge my business leading to repay the loan on time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$25.00

Date disbursed

Feb 20, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

Freewolf

Salt Lake City, United States

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