Entrepreneur
Name
Gift Nyamai
Member since
May 2017
On-time repayments
21 installments • 48%
About Me
Am Gift Nyamai 27 years in age ,am married with one child 3 years. My passion in life is computerised gadgets. these gadgets any always facinate me and i always try to dismantle n reassemble them getting to the mechanisms inside it
My Business
I operate a motorcycle mart and repair shop which is my source of income that i use to run daily activities on and helps in family maintainance.its a good business because there alot of motorcycles (boda boda) in my area so evryday is busy day
Loan Proposal
I will buy stock for the small bulbs of the motorcycles and few for vehicles as it not much money but I will only use to add to my business. I will buy single contact bulbs one box at 325 and few pieces of doubles contact bulb of 100 shillings and after selling the stocks which will last about two weeks due the heavy rains many motorcycles are coming in for repairs which translates to boom in business and I expect profit of 300 shillings from the bulbs sale. increase in sales will translate to better and improved life for me and my family as I still support my parents in help for my brothers education
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$5.19
Date disbursed
May 26, 2017
Repayment status
On Time
Projected term
6 weeks
Cost to entrepreneur
Service fee: $0.20
Other loans
Ask Gift a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.