Purchase a motorbike for delivery

L W

Naivasha/site, Kenya

100% repaid

Entrepreneur

Name

L W

Member since

November 2012

On-time repayments

26 installments  •  96%

About Me

My names are LM. I am a female aged fourty three years. I am from Nakuru county. I completed my primary education in the year 1983 and was able to join High School in 1984
After completing my four years of high school l passed well and was able to join college. i did a certificate course and upon completion, I joined the dairy industry where I worked for several years. I quit employment after saving some money to start business and this is what I have been doing to date.

My Business

I am a business woman and have been doing business for the last nineteen years. I started business with some money from my saving during my employment period. I did this business for a period of five years and in the year 1999. Since the business had grown I felt the need to move to an open and better business premise which I did and I went to a bigger room in Koinange Street . It was when I was there that I decided to change my business after assessing what the people in that area needed. I switched to selling shoes and slowly by slowly the business picked up. I sold shoes for a period of four years. I got a better business premise in Naivasha central business area and immediately grabbed the opportunity and after some time due to the demand I mixed with other products like leather, and leather adhesives. The business grew day by day after the addition of the new customer. The business started going down after the sale of second hand shoes increased which were cheaper than the new shoes and hence the customers opted for them. When I was purchasing my products I came across plastic goods and due to the drop in business I decided to change the business which I am doing up to date. The business has picked and has a wider range of products than the other business I have done. Finally am feeling challenged due to this demand because I have never been able to meet it for the last three years I’ve been in this business and that’s why am requesting for financial assistance from your institution. Thank you in advance

Loan Proposal

I have realized that delivering goods for a customer is very important and attracting. A customer will not buy from my shop simply because he/she will be forced to walk around and look for some means of transporting the goods to a certain destination after the purchase. One prefers to buy where there's ready transport for time saving and convenience. Am planning to charge very a low fee that no one can resist. Those around the town can order by phone and the delivery will be done. This way I know I'll boost my business. Thank you.

Feedback

17

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Loan Info

Project Type

Classic Loan

Disbursed amount

$829.64

Date disbursed

May 30, 2014

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Lender interest: $829.64 at 11.38% annual rate over 2 months = $21.79

Service fee: $6.76

Lenders

D

Delph007

Den Haag, Netherlands

C

chkuo

Taipei, Taiwan

F

Fiodal

Helsinki, Finland

J

javakonsole

Berlin, Germany

dsmart978

Bondurant, United States

J

JakeA

Wellington, New Zealand

L

Lemon

Switzerland, Switzerland

H

Halli

Bottrop, Germany

S

sglobal

Philadelphia, United States

J

Jazzie

Oklahoma City, United States

G

grahamfamily

Guildford, United Kingdom

F

florian

Mettmenstetten, Switzerland

Quentin

Toronto, Canada

Cloudways

Malta, Malta

T

the0bauman

Hillsboro, United States

ads68

Melbourne, Australia

J

JakeK

Melbourne, Australia

S

Simbaz

Torino, Italy

C

caseygoff

George Town, Cayman Islands

S

shimrod

Zagreb, Croatia

W

Wylliecoyote

Edmonton, Canada

basicus

Cairo, Egypt

joaoferraz

RINCHOA, Portugal

C

caz32

chertsey, United Kingdom

Stefano Bertolo

Luxembourg, Luxembourg

W

Walter01

Kingston, Canada

GarmdGriek

Oslo, Norway

A

ask21900

Cedar Rapids, United States

Sarasota

Sarasota, Fl, United States

Lambie

Perth, Australia

S

seikatsu

Palo Alto, CA, United States

Matthieu

Switzerland, France

Richard Griebe

La Jolla, United States

TuveTheDog

Helsinki, Finland

markpearson

Portsmouth, United Kingdom

HealthcareProvider

Baltimore, United States

H

Haavard

Bergen, Norway

JulianHF

London, United Kingdom

Matching Fund

Sterling, United States

M

microlender

United States

R

Rootdet

Fairfax, United States

Kamil

Lidzbark Warminski, Poland

bcortazar

Peckville, United States

J

jenda

Czech Republic

M

maverick

United States

P

PDNS1401

United States

A

angelapeat01

United States

A

Amengan

Netherlands

A

AlphaAres

Azerbaijan

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