Purchase of 2 additional trolleys

Peter

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

March 2015

On-time repayments

91 installments  •  43%

About Me

My name is Peter Ngige Ngugi a cool guy/gentle and a Kenya by birth; currently working with Rift Valley Railways in the Supply Chain Department as a planner. I pursue Bachelor of Commerce and certified public accounting at the Technical University of Kenya.
My parents are Joseph Ngugi Murua and Tabitha Njoki Ngugi. My best friends are Miriam Nanyama Situma, David Wachuka Kuria and Ferdinand Mlati Chikira. I’m currently residing at Ruaka town, Kiambu County; Kenya.
I was born in a family of six; Grace Njoki, Peter Lemaron, Winfred Njeri, Jane Wanjiku, Ezra Mbeti and Mercy Wanjiku. I was born and brought up in Loitoktok Kikelelwa Village, kajiado County In Kenya. Technology. My hobbies include travelling, watching television and playing football.
I was brought up in a passionately entrepreneurial family and this gave me a love for business, we used to reside in a border (Kenya/Tanzania) town, this therefore gave my parents an opportunity to trade. They basically traded in Cereals and timber but currently they are trading in Sugar and Jagger y.
Growing up in a rural area was not easy; the opportunities thereby and the level of awareness of issues was low due to communication challenges. I otherwise managed to keep myself updated with the trends by reading magazines that even though had been by-passed by time.
My younger sister; Grace would wish to be a hotelier when she grows up. Mercy would wish to be a quantity surveyor while Ezra would wish to be an entrepreneur like me
My vision is to be a holistic individual who is equipped to transform the society.. I therefore work very hard to balance between my academics, social life, spiritual life and my physic. I therefore have to ensure that I have used my time prudently so as to make sure all this spheres of life are balanced

My Business

Business Name: Murua Trolleys.
Owner Peter Ngige Ngugi
Location: Nairobi Kenya
Business Opportunity
Murua is a swahili name for good and satisfactory.
Murua Trolleys was established after observing a challenge in passengers and travelers while transporting their luggage from one stage to another across the city.
Business Description
Murua Trolleys is a small scale transport business. The firm deals with transportation of luggage for customers around town
Operational Plan
Murua Trolleys is evolved in purchasing hand push/ pull trolleys then renting out the trolleys to its clients who are majorly the idler guys in the city. The firm buys the trolley at Ksh 5000 at Kariobangi South Jua Kali market then rents out the trolley at 200/- per 14hrs. The leases will then be required to bring back the trolley latest 9.00Pm.
Our clients will therefore be the lease. The lease will then use the trolley to carry goods from one place to another they will thence charge the customers between Ksh 50 and 100 Sh. In Essence the lease can raise 200 In the first hour of operation and this therefore means all of the rest of their income is theirs. This form of engagement in fair to both the client and me the proprietor since with an income from 200/- per day per trolley means I can be able to realize my investment in less than two Months. The trolleys are returned at my place at my place at 9.00Pm
OPPORTUNITIES
Focusing into the everyday growth on Nairobi City gives me a hope that MURUA TROLLEYS shall expand each day. I will also seek to invest the suburbs of Nairobi such as Gikomba, Githurai and Ruaka
Merits accrued from the operation
It is way of giving back to the society as I’m able to engage the’ idle’ and the less fortunate (i.e. financially) they can therefore earn their income and therefore improvement in their livelihood,
I’m able to make my daily living and therefore support my family.

I would request lenders to support me in this project. I suppose that the project

Loan Proposal

Hello Lenders;
I wish to tender again my request for a loan.
With the loan I purpose to buy two additional trolley each at Kes 5000.
These Trolleys will be used to advance my lease of trolleys business. Currently I have fifteen trolleys each one of the earning Ksh 300 per day.
The two additional trolleys will earn me an additional income of Ksh 600 per day.
Thanks for always supporting me.
Regards
Peter.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$90.00

Date disbursed

Oct 4, 2016

Repayment status

On Time

Projected term

7 months

Lenders

IM

Isak Maaseide

Tromso, Norway, Norway

JC

Jordi Cohen

New York, NY, United States

Paul Buchheit

Mountain View, United States

V

Vivek

Arlington, VA, United States

PG

Paul Graham

United States

John Minges

United States

Anonymous

Ocoee, United States

F

Frank

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

CJ

Chris Jones

Seattle, United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

Ask Peter a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Mercy    Jun 6, 2017

    Hello Lenders,

    Peter's phone was off but i have managed to talk to her sister and promised to let him know of his arrears.

    Thanks
    Mercy

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  • Peter    Apr 18, 2017

    Unstable income

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  • Mercy    Mar 30, 2017

    Hello Lenders,

    I have managed to reach out to Ngige and he has promised to settle his arrears today.

    Thanks
    Mercy

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  • Mercy    Mar 30, 2017

    Hello Lenders,

    Peter's phone went unanswered nut i have forwarded him a message.

    Thanks
    Mercy

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  • Peter    Feb 25, 2017

    low cash flows

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  • Peter    Jan 8, 2017

    Thanks Lenders for the loan. I will buy the two trolleys now. This will help increase my business

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  • Peter    Jan 8, 2017

    Hello Lenders ;

    Thanks for your continued support. The last year was a tough year but hoping for the best new year. I look forward to improving my credit limit and investing more in my firm. Murua Trolleys

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  • Peter    Jan 5, 2017

    Imbalanced cash flows

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  • Mercy    Jan 5, 2017

    Hello Lenders,


    Peter has promised to settle his arrears tomorrow.

    Thanks
    Mercy

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  • Peter    Nov 19, 2016

    Imbalanced cash flow

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  • Chris Jones    Oct 3, 2016

    Peter: Good luck, I'm a new lender so keep me posted on your business milestones. Good luck!

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  • Peter    Oct 3, 2016

    Thank-you Lenders for the Loan.

    I intend to buy two hand Pull/Push troleey.
    This will boost my My lease of trolleys business. I am committed to on time repayment of this loan.

    Regards
    Peter

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  • Peter    Sep 29, 2016

    Hello Lenders; Thanks for the loan.
    The loan has helped me greatly. My business is now stable. As you have noticed, this time round I have not delayed in making repayments.

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  • Peter    Jul 15, 2016

    Thankyou Lenders for funding my loan.

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  • Peter    Jul 11, 2016

    Thanks Lenders for the funds so far,

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  • Peter    Jul 6, 2016

    Hi Lenders,

    I need yoursupport. Business has been bad but trusting all will be well soon.

    Thanks in advance.

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  • Mercy    May 27, 2016

    Hello Lenders,

    Peters's phone is unreachable but i will reach out to him later.

    Thanks
    Mercy

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    • Peter    May 31, 2016

      Hi Mercy;

      I'm available please call me any time.

      Thanks

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  • Peter    Feb 22, 2016

    Thankyou Leaders... I will buy the trolleys and boost my Business...

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  • Peter    Feb 19, 2016

    Hello Lenders,
    I'm appealing for your support. Please finance my loan

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