Purchase of spare parts for transport vehicle
Stephen
Nairobi, Kenya
72% repaid
Entrepreneur
Name
Stephen
Member since
February 2014
On-time repayments
353 installments • 61%
About Me
Hello Zidisha Family,
My name is Stephen Mogoi, a member of the family for several year. I thank the family for the support that has been offered to me . Although things have been tough with the virus terrorizing every part of the continent, the motivation and support to run a body works garage has propelled me to even greater business ideas. I started out with supporting my parents with a water tank for irrigation and I have been able to also run a garage and eventually received a good gesture from one of my clients to revamp and do business with an ex-tours van.
Currently i do short term hires of the vehicle which i personally feel like its more growth
My Business
First of all let me thank the Zidisha family very much
Although I have had serious financial challenges, oi was able to revamp an ex-tour van which was a partial grant to me. I have done body works on the vehicle from my small garage and currently in short of cash to complete the remaining part which entail changing the power steering and speed governor.
I am therefore requesting for your hand to go through this journey together to enable the vehicle fetch some income during the high season of November/December 2020 & January
The income shall go into expansion of my garage to a vehicle service centre
Your continued support is highly appreciated
Loan Proposal
Hello Lenders,
Dear Zidisha team,
I hereby request for you funding for 2 spare parts for my passenger van to enable it go back to the roads this festive season. Having completed body works on it by myself at the garage
that Zidisha supported me to build. I am short of cash to complete the remaining parts which will ensure the vehicle fetches me and my family income in the remaining months of 2020 & earl 2021.
Warm regards
Stephen
Income Source
With the passenger van that I have, I will be able to increase its activity with the upcoming festive season that entails a lot of traveling. Transport business has high demand from the current month through to January 2021. This shall be enough income to enable me repay the loan
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Loan Info
Project Type
Classic Loan
Disbursed amount
$412.00
Date disbursed
Nov 19, 2020
Repayment status
Late
Projected term
7 months
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