To buy more motor bike spares in my shop
Marclus
Chuka, Kenya
17% repaid
Entrepreneur
Name
Marclus
Member since
April 2015
On-time repayments
69 installments • 68%
About Me
i was born in a family five being the third born.i took ma primary education in kamwimbi primary school.i then joined my high school too there at kamwimbi secondary.With my knowledge of electrical from high school,i does some little wiring for domestic thus i earn little during hardship.the little i saved during the wiring,i started just a little shop which has now grown to a big shop.i also do some irrigation project which also busted me in raising ma capital.i would like my children to get to high education since to my side i did not make it to get to higher learning institution since there was frees problem.i would like them to learn big business and make big profit.to my hobbies i like swimming, reading novels,listening to music /dancing and doing adventure to different part of the country.
My Business
i deals with food stuff,selling items in retail like sugar,flour,soap,and also plastic items.to where i have situated my business,there no may shops thus i have many customers.i took these business since there were no many shop in the location.The reason why i thought of these business is that it require very little capital to start down.The revenue i incur is of house rent and business permit.my profit am using it in other investment,e.g Boda boda[motorcycle].I have also started buying a market store thus i can avoid the house rent. In future am planing to start down a wholesale since the market is growing
Loan Proposal
My lenders am back again after my completion of my last loan.am here by to my knees seeking for some more.
I will use the loan as follows÷
To buy 3 cylinder block for 150CC@ 45DOLLARS
3cylinder blocks for 125 CC @39 DOLLARS.
10 tubes@ 20 DOLLARS
4tires size11@40 DOLLARS
1 dozen of seat covers@ 24 DOLLARS
3 hide rims@ 57DOLLARS
5 carburettors @20 DOLLARS
2 clank shaft 150 cc @ 40 DOLLARS
1 pair of rear shocks@15 DOLLARS.
I have already started my classes for driving to attain a driving licence.its also costing me 100 DOLLAR.These items will raise my profits margin to 75%.Am to you my leaders to help me achieve my goal.Thank in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$402.00
Date disbursed
Oct 29, 2015
Repayment status
Late
Projected term
63 months
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