Evance Ochieng
Bumala, Kenya
34% repaid
Name
Evance Ochieng
Member since
February 2014
On-time repayments
168 installments • 10%
I am Evance Ochieng Owuor the son of Owour Kenneth.I am the last born of mr.Owuor a family of six,four boys and two girl.I was not able to have higher education beyond primary level since my father is just a fisherman but now i manage to achieve mechanics at Kenya industrial training institute and currently a have a small garage in Bumala.
I started this business to so that i can get myself employed.Have not bought so many things with my earning but i have used my earning to support my daily need since i started this business but yet have no capital to make it better that can give me good return.
I Evance Ochieng own a small garage in Bumala which i started after my technical training in mechanics.I started this business myself with little tools and spares i had in a workshop located under a tree.I provide service of repair to motorist.I repair motorbike,generator,all small and commercial vehicles.There is a lot of demand for this service since there are few people that offer this service.My customers prefers me because i have the qualification from a recognized institution.The business is profitable because there are so many vehicle that need my service.The risk that have been facing is have been lacking finances.I can make at least ksh 1000 per day and this can support me in repaying loan.
I wish to use this money repay my air compressor which is currently out of service due to minor mechanical problem.Also i want to buy tools such as sparners,allan keys,pressure guage and stock some spare parts in my workshop so that my customers are not forced to look for them elsewhere when there is need.This will allow me to offer better service hence good revenue by the end of the day.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 11, 2014
Repayment status
Late
Projected term
39 months
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