Name
Nickson
Member since
March 2013
On-time repayments
32 installments • 22%
my names are nickson machache tembo. a resident here in mtwapa dzalamkadze am a business man here in mtwapa i run my own motorbike garage i have been to this business for the last two year. my education background is class eight of Kenya primary education then after primary i joined a mechanical garage. with my earnings from this business i do buy things for my family like food paying of house rent and garage rent am married and a parent of two children boy and a girl. they are all in school here in mtwapa. i started this business because i wanted to earn some money so that i can sustain my daily living
my business is garage i run a motorbike garage here in mtwapa. i do repairing of motorbikes and sales of spare parts. this business is very well on demand here in mtwapa because of the number of motorbikes that had been operating within this area. is very high so due of this number of motorbikes am getting more of them daily on repairing. my customers like taking their motorbikes to my garage because i give them a better services to them and this is what makes them coming to my garage daily.my monthly running cost is Kenya shillings 30,000 and my monthly sales revenues is Kenya shillings 55,000 this is giving me a monthly profit of Kenya shillings 25,000 per monthly.
thank you so much for approving my loan. with this being my first loan am going to buy spare parts of the motor bike that i will put them in my garage and sell them to my clients whenever they come for service and repairing. this will boost my business because i will be selling the spares and at the sametime making the reapir of which it will enable me to earn more income which it will imrove my income.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 24, 2013
Repayment status
On Time
Projected term
12 months
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