Shop restructuring
Douglas Mainah
Mombasa, Kenya
$0 to go
100% funded of $135 goal
0
days left
Entrepreneur
Name
Douglas Mainah
Member since
November 2017
On-time repayments
35 installments • 54%
About Me
My names are Douglas Mainah Wahito, born and raised in the Central part of Kenya (Muranga County), but brought up in Nairobi where i attended my early primary and high education. after my education i started small business of selling car spare parts, and eventually moved to Mombasa in 2000 where i opened a spare part shop that am operating till now. Am married with three kid, two girls and one son.
My Business
Us in my story i do Motor vehicle spare parts for various cars. my monthly income is not constant but on average it come to USD 1,000 . this is what i use to pay rent, salaries and up keep of my family.
Loan Proposal
I intend to add more shelves in my shop that can hold more stock. in particular motor vehicle tyres.
1. will use USD 60 to buy block boards, square tube (metal)
2. will use USD 30 for labuor
3. will use USD 10 for tranport.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$135.67
Date disbursed
Jul 1, 2019
Repayment status
Late
Projected term
2 months
Cost to entrepreneur
Service fee: $5.38
Credit risk payment:
$14.00
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