Ruth
Nairobi-kenya, Kenya
100% repaid
Name
Ruth
Member since
July 2015
On-time repayments
103 installments • 41%
Tell your story in at least 300 characters
am the thrid born in a family of 5.i went thro primary ,secondary and college level.istudied food and beverage management,got employed and worked for 5yrs.there after i resigned to work together with a friend who owns a garage.there i leaned about truck spares and developed an intrest and thats how i ended up starting a spareparts shop.
i would wish to grow with the help of zidisha funds.this will inturn help me educate my two children and also pay taxes for my business.
Describe your business or income source in at least 300 characters
i sell truck spareparts and lubricats.
for the spareparts i source them from turkey and for the lubricants(emarat oil)i get them localy from kenya in small quantities.
with the help of my second zidiaha loan.i will increase my oil stock,and also introduce spanners and bolts which i currently dont have in stock for selling
20pcs0f 1litre oil will cost ....60 usd
assorted spanners will cost ...100 usd
assorted bolts. will cost ...25usd.the rest (9Usd)goes to miscelinious. expences
.spanners and bolts are frequently asked by customers at the shop and since i dint have enough funds for introducing them ,the loan will
bridge a gap
from all this i expect a profit of about 80usd which am planning to use in buying pipes.
Am looking foward to creating enough profits thay can help me raise enough cash (488 usd) to clear my other vehicle spares that are
still in a warehouse in turkey
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$194.00
Date disbursed
Sep 16, 2015
Repayment status
On Time
Projected term
10 months
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