Inventory of spare parts

Entrepreneur

About Me

i AM AGED 30 AND WAS BORN IN NAROK COUNTY, NAROK SOUTH DISTRICT. I ATTENDED SIRINIK PRIMARY SCHOOL DURING MY EARLY AGE AND JOINED NGITO SECONDARY SCHOOL FOR MY A-LEVEL. I LATER ON JOINED POLYTHECHNIC AND OBTAINED A CERTIFICATE IN AUTO MECHANICAL SPECIALIZING IN POWER SAW REPAIR AND MAINTENANCE. AFTER COMPLETING I OPENED A SPARE PARTS SHOP AT SILIBWET TRADING CENTRE. ABOUT 50 MILES FROM MY HOME PLACE TO DATE.

My Business

I STARTED MY BUSINESS IN THE YEAR 2008 AND HAVE BEEN DEALING WITH SPARE PARTS AND REPAIR OF POWER SAW. MOST OF THE PEOPLE WHO LIVE HERE OWN POWER SAW BECAUSE THEY LIVE NEAR A FOREST AND REGULARLY GET TENDERS FROM GOVERNMENT AND CONTRACTORS. I CHOSE THIS BUSINESS BECAUSE I HAD RELEVANT INFORMATION PRIO TO JOINING IT HAVING SPECIALIZED IN REPAIR AND MAINTENANCE I ONLY PAY RENT FOR MY BUSINESS PREMISE AND COUNTY FEES FOR OPERATING SUCH A BUSINESS . I OBTAIN PROFIT FROM SALE OF SPARE PARTS , REPAIR AND MAINTENANCE THANKS TO MANY CUSTOMERS I HAVE. I HAVE BEEN ABLE TO UTILIZE MY PROFITS WISELY WITHIN MY FAMILY BY INVESTING IN MY OWN CHILDREN EDUCATION.

Loan Proposal

I have a power saw spare part shop at Silibwet shopping centre about 7 kilometers from Bomet town. I sell spare parts such as: Blocks, crank shaft, crank case, Piston, Carburetors etc. I source all these products from Nairobi and I normally make a margin of about 35% profit. My main customers are local residents and Tea factories who normally use firewood in processing the tea products.
The business is good, so I would like to expand by adding stock.

Feedback

Loan Info

Lenders