Entrepreneur

About Me

I live in kiptangwanyi Shopping center plot number 131. My business is located at Free Area; a suburb located stone throw distance from Nakuru town. That is where I have instituted my Auto parts shop. I sell spare parts of various sorts of vehicles, big and small. The products include engine parts, tubes, tyres, bumpers, lights, spanners, pliers, pads, oils and so many other parts that fall in that category of automobile and motorbike spares. The market is relatively good but supply is not satisfying my client’s demands as the competition cannot be said as being stiff. Like any positive business person, I would like to soar high in my business, but finance holds me back. A loan from Zidisha organization will without a doubt boost me up to a level I have been cherishing to touch. My nearness to Nakuru-Nairobi highway favors my business and my efforts to enlarge it will have an automatic positive impact on the same. The good thing with my Spare Parts Shop is that the business is not prone weather, the booms and picks are not definite. Also, with increased stock the sales will in turn hike as I have been getting more orders than what I have been able to offer.

My Business

This business of auto spare parts is good and there is a high potential of improving the business to even a higher and much better status. There are many challenges in the business but as a strong business person one has to be very hardy in order to cope with the situation. Years are also very different as there are some good years and others are bad. Seasons also differ. The time in which I sell most of my products are during the holidays i.e, the months of April, August, and December are usually very good for the business. The world market has been a great factor contributing in shaping the business. sometimes prices of the spare parts goes up and this has a negative effect to the business. The site/location of the shop is appropriate as it is not hidden and motors just pass not far from there.I am in dire need of Zidisha loan of which I know will cement my financial foundation in Nakuru, and perhaps elsewhere later.

Loan Proposal

Thank you for such an opportunity to be given a loan by Zidisha organization. I would like to use this loan that I will get to improve my spare parts business by adding more stocks in my business. this business requires large amount of capital and thus with this loan I will be able to boost my business by adding more spare parts in the shop. Customers prefer readily available spare parts and this is what I am going to offer them.

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