Loan for buying motorcycle tyres

Mark

Nambale, Kenya

99% repaid

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How it Works

Entrepreneur

Name

Mark

Member since

November 2017

On-time repayments

21 installments • 57%

About Me

Am Mark ndubi a kenyan. i studied at nambale primary and later joined lugulu a.c secondary school.i managed to overcome my hardships life through guidance and counseling from my friends and parents, reading motivational stories. i started business from my own savings by selling bicycle spareparts as a hawker then i openea smal shop. i like readind and writting.

My Business

i sell bicycle and motorcycle spareparts, They are in demand due to the fact that most people in our area use bicycle as a means of transport hence need for the spareparts. my typical cost and revenue amount to ksh30,000.i use profit to increase the stock and sustain myself financially.

Loan Proposal

I will use the loan to buy motorcycle tyres. This will cost around ksh 900 each. It will be so beneficial to me since my business will expand to a great extent. I will have more customers to supply tyres with and also I will be able to raise fees of my siblings from the profits. The business will be beneficial to others since the goods they need would be around hence no need of traveling to far to look for tyres. I expect my profit to increase by 10% . This is much realistic since I have a good stock in place. To add on the business will have an impact to others since they will see how it sustains me and my siblings hence others will be encouraged also to start their business of which they will make an income

Feedback

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HH
Helen Horseman Dec 1, 2017

Thank you for full repayment of your loan Mark.
Best wishes for your business going forward.

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- Mark Dec 9, 2017
  
  Welcome. Thank You too
  
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Loan Info

Project Type

Classic Loan

Disbursed amount

$28.00

Date disbursed

Jan 2, 2018

Repayment status

On Time

Projected term

3 months

Other loans

Lenders

Wade

United States

Paul Buchheit

Mountain View, United States

bea

Australia

Shervin

San Francisco, United States

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Julius Mar 6, 2018

Have contacted and talked to Mark Ndubi, He has promised to clear his debt in full

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Mark Jan 9, 2018

I had an emergency that required my attension hence i used the amount i had to get my brother treated. Due to this i could not pay the all installment on time.
I request to pay ksh 200 and finish on time

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Mark Dec 29, 2017

Thanks for the loan it will help me buy tyres for my business stock

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Mark Dec 21, 2017

I used the loan to buy a sow. This purchase will make a difference in my business since it will improve on production of livestock after a short time. I expect an extra profit of ksh 2000 per pig once they deliver a short time to come

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Mark Dec 18, 2017

Thanks for the loan of ksh 1628. I used the loan to buy a sow. Thanks so much zidisha team

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K
Kenny Dec 15, 2017

Good luck - let us know how things go with your business.

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Mark Dec 7, 2017

thanks zidisha team for the loan,i bought cement and paid labour fe fot the renovation of pigery unit. this will make a diference since i expect more profits as my pigs are now in good feding conditions

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Mark Dec 7, 2017

I bought cement and paid labour fee for the rénovation of the piggery. This Will make an increase in the production which Will lead to a more profit soon

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Mark Dec 7, 2017

I purchased cement and payed labour fee for the rénovation of m'y piggery unit. This Will make a différence in m'y livestock production since they in in good feeding condition. This Will increase m'y profits 3 times in few months to come

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Mark Dec 6, 2017

Thanks so Much zidisha team for the loan of 930. It has helped me renovate the piggery unit.

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Mark Dec 3, 2017

I used the loan for purchase of cycle marts. The purchase has made a difference in m'y bussiness because i now have more customers who demand the marts hence an increase in profit . M'y earnings have increased by 6%

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Mark Dec 2, 2017

Thanks so Much for the loan of ksh 620. I used it to but the paint for painting m'y shop.

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Mark Dec 1, 2017

Thanks zidisha team for the loan.i bought cyclemarts. This have increased m'y profits by 3%
The loan also helped me to travel to Wholesale where i but m'y spares

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Mark Dec 1, 2017

thanks zidisha team for the loan. it has helped me to a great deal. i bought motorcycle marts. this has made a differnce in my bussiness because i have standby stoke.

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Mark Nov 28, 2017

i used the loan you gave me to purchase the motorbike wires.. the purchase has made difference in my bussiness since i have a cordial relastionship with my customers, however my earnings have increased by 3%. the increased earnings i got i have used to purchase deworming tablets for my pigs.

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Mark Nov 24, 2017

It helped me to a Great . I bought the biycle wires. This has helped me attain the customers confidence. I have got an increase of 3% on my bussiness

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Mark Nov 24, 2017

The loan has helped me to a Great deal. I have made cordial Relationship with Customers due reliable stock.and also i have an increase of 3% in bussiness profit.

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Mark Nov 24, 2017

The loan has helped me to a greater deal. I have been able to add stock wire to m'y shop m'y earnings have increased by 3%. i have also enjoyed cool Relationship with m'y neighbours. I hope to have greater increament in benefits in the near future

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Mark Nov 22, 2017

Thanks so Much for the loan. It helped me to a great deal.it made m'y transportation easier

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