A motobyke for boda boda business

Entrepreneur

About Me

my name is Samuel ombongi morata, am a Kenyan citizen living in Nairobi which is the capital city Kenya.
I come from kisii county, Nyamache district, Nyamache division, Bass central location and Emenwa sub-location and bonyang'ande village.
I grew up in poor background whereby my parents struggled to provide our basic needs. I was born in a family of six sons, me being the first born. I started schooling at a nearby primary school and managed to attain a mean grade of c plain, my parents were doing farming to genarate income for my school fees, i stayed one full year do to luck of fees, then later i joined a nearby secondary school and i attained a mean grade of a B-,then there after i was supported by my uncle who is a brother to my mother, and i joined college in Nairobi where i pursued diploma in Electrical engineering, I attained a credit pass, i graduated a year 2010.year 2011 i was employed as a technician in kalolwanga Engineering, i was earning 9000kes per month, there after i was married to one wife and we were blessed to have one daughter.

My Business

Due to increased responsibility to cater for my family, the amount that I was earning was too little to cater for the needs in my family.
I decided to start a small business of a photocopy shop, I expanded further and added a studio for photos and passports, and also selling of movies .

Loan Proposal

Given this Loan, I will venture into a new business. This time round, Iam going for transport business. I want to buy a motobyke to do business of carrying people from main stage here in Tasia to there estate. I have done research on this and found that The profit margins will be higher.
I have calculated my expenses as follows:
INCOME:
Loan from zidisha.......................................................................66,000Kes
My savings from Photography Business.....................45, 000Kes

EXPENDITURE:
Motorbike..............................................105, 000Kes
Insurance................................................. 5, 000 Kes
Total..............................................................110, 000Kes.
Dear Lenders, I value you so much and you have been part of my success.Kindly help me fund this venture.God bless you for your kind support.

Feedback

Loan Info

Lenders