Online cars, parts and accessories sales and business
Alpha
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Alpha
Member since
April 2015
On-time repayments
259 installments • 93%
About Me
My name is Alpha Musyoka Kitonga
I am a freelance writer, researcher (freelancer) for the last 10 years and i own a car spare parts shop I have a keen eye on business opportunities.
But mostly, I love freelancing and online opportunities.
I have been able to finance my laptop project here and first digital camera , a fast food cafe,an online store where i sell mobile and smart phones and lastly an online spare-parts business. Suzuki Maruti Project and Now Working on Getting a Drone pilot training and Licensing project. Thank you to the Lenders who helped me, be blessed.
My Business
Currently I'm working on Four Projects, Freelancing Photography jobs, Operating a Suzuki Maruti transport business ,And an online freelance writing Jobs which are my main source of Income
Currently , am Looking forward to joining a License Drone Pilot training school For RPAS Pilot License (RPL) Training
This training will expand my Freelancing project towards photography as I seek to concentrate more on photography and Drone training and operations .This work is more profitable and gives better returns and has long term benefits to me as an individual .
Therefore am seeking financing to fund my drone training school and purchase of a drone for a cost of KSH240,000
Profits from this project will be used for person financing and take care of my Young family of 2 and school fees.
Loan Proposal
Dear Lenders
I have been selling simple spare and car parts accessories to friends and family and online and i would like to expand my business more.
Currently my capital is tied up in the previous business lenders funded that is Online Phones and smartphones parts.
The capital gathered here will go towards funding sales for spare-parts,establishing a good website, advertising my goods online which is my main market, and Purchasing inventories since my business is mainly drop-shipping business.
The business according to my experience business currently makes a profit of 25-35% on the investment i make and with the business
How funds will be used.
Registering domain name and a professional car parts sales Website --- 25,000
Advertising and getting Facebook and twitter page likes--- 20,000
Capital for purchasing parts once orders are made--- 60,000
Miscellaneous use ---10,000
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,039.00
Date disbursed
Aug 14, 2019
Repayment status
On Time
Projected term
8 months
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Summary
Amount repaid
$1,039.38
Amount remaining
$0.00
Date repaid
Feb 11, 2020
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 25, 2019 | $49.76 | Aug 25, 2019 | $49.76 |
| Sep 1, 2019 | $49.76 | Sep 3, 2019 | $49.76 |
| Sep 8, 2019 | $2.46 | Sep 3, 2019 | $2.46 |
| Sep 15, 2019 | $9.85 | Sep 17, 2019 | $9.85 |
| Sep 22, 2019 | $9.85 | Sep 17, 2019 | $9.85 |
| Sep 29, 2019 | $9.85 | Oct 3, 2019 | $9.85 |
| Oct 6, 2019 | $9.85 | Oct 3, 2019 | $9.85 |
| Oct 13, 2019 | $9.85 | Oct 15, 2019 | $9.85 |
| Oct 20, 2019 | $9.85 | Oct 15, 2019 | $9.85 |
| Oct 27, 2019 | $9.85 | Oct 27, 2019 | $9.85 |
| Nov 3, 2019 | $9.85 | Oct 27, 2019 | $9.85 |
| Nov 10, 2019 | $9.85 | Nov 11, 2019 | $9.85 |
| Nov 17, 2019 | $9.85 | Nov 11, 2019 | $9.85 |
| Nov 24, 2019 | $9.85 | Nov 26, 2019 | $9.85 |
| Dec 1, 2019 | $49.76 | Nov 26, 2019 | $19.71 |
| Dec 4, 2019 | $30.06 | ||
| Dec 8, 2019 | $49.76 | Dec 11, 2019 | $49.76 |
| Dec 15, 2019 | $0.00 | ||
| Dec 22, 2019 | $9.85 | Dec 16, 2019 | $9.85 |
| Dec 29, 2019 | $9.85 | Dec 16, 2019 | $9.85 |
| Jan 5, 2020 | $9.85 | Jan 7, 2020 | $9.85 |
| Jan 12, 2020 | $9.85 | Jan 7, 2020 | $9.85 |
| Jan 19, 2020 | $9.85 | Jan 7, 2020 | $9.85 |
| Jan 26, 2020 | $49.76 | Jan 29, 2020 | $49.76 |
| Feb 2, 2020 | $49.76 | Jan 29, 2020 | $10.35 |
| Feb 7, 2020 | $39.42 | ||
| Feb 9, 2020 | $49.76 | Feb 7, 2020 | $14.78 |
| Feb 10, 2020 | $34.98 | ||
| Feb 16, 2020 | $49.76 | Feb 10, 2020 | $49.76 |
| Feb 23, 2020 | $49.76 | Feb 10, 2020 | $49.76 |
| Mar 1, 2020 | $49.76 | Feb 10, 2020 | $49.76 |
| Mar 8, 2020 | $49.76 | Feb 10, 2020 | $49.76 |
| Mar 15, 2020 | $49.76 | Feb 10, 2020 | $49.76 |
| Mar 22, 2020 | $49.76 | Feb 10, 2020 | $49.76 |
| Mar 29, 2020 | $49.76 | Feb 10, 2020 | $49.76 |
| Apr 5, 2020 | $49.76 | Feb 10, 2020 | $10.84 |
| Feb 11, 2020 | $38.92 | ||
| Apr 12, 2020 | $49.76 | Feb 11, 2020 | $49.76 |
| Apr 19, 2020 | $49.76 | Feb 11, 2020 | $49.76 |
| Apr 26, 2020 | $33.26 | Feb 11, 2020 | $33.26 |
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