Import Duty Logbook Loan Finance For Phone Repairman In Mwihoko

Import Duty Logbook Loan Finance For Phone Repairman In Mwihoko

Discover the journey of James Kuria, a 31-year-old entrepreneur from Mwihoko, who transformed his phone and computer shop with the help of a strategic logbook loan from Kifedha Limited. This case study delves into the specifics of James's challenges, the solutions offered, and the seamless process provided by Kifedha.

Loan Overview

  • Loan Amount: KES 680,000
  • Vehicle Used as Security: Toyota Fielder
  • Purpose of the Loan: Buying business stock and clearing goods at the port
  • Borrower: James Kuria

Key Benefits

  • No hidden charges
  • Adjustable loan repayment period
  • Hassle-free application process

Customer Challenges

James faced the immediate need to purchase stocks for his business and clear goods at the port to fulfill pending customer orders. Timely action was crucial to avoid expensive demurrage fees.

Solution

Kifedha facilitated a swift solution by sending the funds via RTGS on the same day the loan was approved.

About Kifedha Limited

Since 2016, Kifedha Limited has been a trusted financial partner, offering logbook loans for various needs, including working capital, medical emergencies, school fees, business expansion, and home repairs. With branches strategically located in Ongata Rongai, Kitengela, Ngara, Kiambu, and Thika, Kifedha serves customers across Nairobi, Kiambu, Machakos, and Kajiado Counties.

James Kuria's successful experience with Kifedha showcases the effectiveness of the financial solutions provided, reinforcing the power of word-of-mouth referrals.

Getting in Touch

Do you quick financial assistance? #KifedhaGotYou. Contact us through our contact form, call us on +254791573231 or visit one of our branches to explore financial opportunities.