Inventory for my auto parts store

Lawrence

Lungalunga, Kenya

13% repaid

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How it Works

Entrepreneur

Name

Lawrence

Member since

December 2015

On-time repayments

14 installments • 21%

About Me

I have been raised by a single mother since 1995, when I was in standard 5 after my father passed on. It was hard to access education because my mum was not working and had no family business. Through the help of bursaries and also help from uncles, I made it through high school and eventually got a government sponsorship to join university. I successfully finished university in 2008 and was employed by the government as a teacher in 2010.

I want to start a business of selling tuktuk [rickshaw] spares because I currently own a used tuktuk that is working in Likoni. This kind of business is on the rise here, as it's commonly used by commuters who cross the ferry daily to work in town.

My Business

My tuktuk business earns 1,000 KSH ($10 USD) per day, which translates to about 30,000 KSH ($300 USD) minus some expenses like monthly county stickers and service amounting to 5,000 KSH ($50 USD).

As an employee of the teachers service commission, I earn a net of 13,995 KSH ($139). It is also my hope that I will be able to put up a business of selling spare parts in one of the garages in Likoni.

Loan Proposal

I will use the money to purchase the following items:

QUANTITY ITEM DESCRIPTION PRICE TOTAL
20 pcs Clutch cable 200 4000
20 pcs Gear cable 200 4000
10 pcs Pressure plates 300 3000
20 pcs Clutch plate 200 4000
TOTAL 15000 KSH ($149 USD)

Show original English

About Me

i have been raised by a single mother since 1995 when i was in standard 5 after my father passed on.
it was hard to acess education because my mum was not working and had no family bisiness.
through the help of bursaries and also help from uncles , i made through high school and eventually got a government sponsorship to join university.
i successifully finished university in 2008 and was employed by the government as a teacher in 2010.
i want start a business of selling tuktuk spares because i currently own a used tuktuk that working in likoni.
This kind of business is on the rise here as its commonly used by commuters who cross the ferry daily to work in town.

My Business

tuktuk business earns 1000 per day which translates to about 30000/- minus some expenses like monthly county stickers and service amounting to 5000/-
As an employee of teachers service commission i earn a net of 13995/...
it alaso my hope that i will be to put up a business of selling spare parts in one of the garages in likoni.

Loan Proposal

i will use the money to purchase the following items

QUANTITY ITEM DESCRIPTION PRICE TOTAL
20 pcs Clutch cable 200 4000
20 pcs Gear cable 200 4000
10 pcs Pressure plates 300 3000
20 pcs Clutch plate 200 4000
TOTAL 15000