Bicycle workshop

James

Nakuru, Kenya

100% repaid

Entrepreneur

Name

James

Member since

October 2017

On-time repayments

147 installments  •  90%

About Me

My name is James Ouma Barasa born and brought up in Ugenya constituency,Jera sub location ,Lela village inSiaya county Kenya. I went to Jets Primary Primary School where I sat for my Std 8 Exams and passed well but could not join Secondary School due to lack of school fees as my parent were peasant famers whose income was very little. I came to visit my uncle in Nakuru town .He is a bicycle technician and I helped him in his workshop whete I also learned to repair bicycles.

My Business

We worked with my uncle for a period of two years when I also felt I had gained enough experience to open my own workshop, that is how I came to open my business .

Loan Proposal

I will buy 6 hubs at amount of 900 kshs and sell them at amount of kshs 1,200.Then buy 4rims at amount of 1,400 kshs and sell them at amount of 1,800 kshs. Then buy 4 tyres at amount of 2,000 kshs and sell them at amount of 2,400 kshs and make a profit of around kshs. 1,740 Thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$44.00

Date disbursed

Feb 14, 2018

Repayment status

On Time

Projected term

2 months

Lenders

L

Liz

Nowra, Australia

Catmatlab

Riga, Latvia

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