Motorcycle clutches

Nicodemus

Bungoma, Kenya

100% repaid

Entrepreneur

Name

Nicodemus

Member since

November 2016

On-time repayments

25 installments  •  64%

About Me

I am a polite person, and a born again christian , brought up in a humble family. My childhood has been with challenges on the side of Education because my parents were poor and they could not afford to pay my school fees. I schooled up to class eight and from there I started hawking some small items to earn a leaving. Being devoted to the Church, a good Samaritan took me to his workshop to learn mechanics and from their I started earning a living. Since the place I was attached had problem with spare parts, I started a small business of of selling auto-spares and it has been a challenge with the capital. the demand is too high but supply is low.

My Business

In my kiosk I do sell most of motor-bike spares and few vehicle spares. this things they are very useful because repairs are made on daily basis and since I am one of them they really want to promote me.I chose this kind of business because it is the area of my work. This business has helped me pay the school fees of my children and also my daily basic needs and finally pay my house rent.

Loan Proposal

The loan that I am applying I intend to add more motorcycle clutches that costs £ 1 each therefore given that amount it will enable purchase 20og them to increase my stock. This will make me earn a living buy selling them to my customers which are also doing mechanic at my workplace. It has helped them by saving time instead of going to search for them somewhere. since now my clients have known that I do sell them, they are coming regularly this increasing my profits.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Jul 30, 2017

Repayment status

On Time

Projected term

2 months

Lenders

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Summary

Amount repaid

$20.18

Amount remaining

$0.00

Date repaid

Dec 1, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 6, 2017 $15.80 Aug 4, 2017 $3.95
Aug 13, 2017 $3.95
Sep 9, 2017 $5.93
Oct 20, 2017 $1.98
Oct 6, 2017 $4.38 Oct 20, 2017 $1.98
Dec 1, 2017 $2.40

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