Additional motorcycle for my business

Leonard

Kisumu, Kenya

44% repaid

Entrepreneur

Name

Leonard

Member since

September 2015

On-time repayments

230 installments  •  60%

About Me

my name is Leonard from Kenya nandi county.
I was born in humble background and I had to struggle a lot to make ends meet.
I started by planting onions and tomatoes in my neighbours farm through leasing.
After selling the proceeds I purchased a second hand motorcycle.
I'm now running a boda boda business I.e ferrying my customers to short distances using my motorcycle.
I'm married with 2 children.

My Business

I over transport services to my customers who require my services to unique destination where PSV vehicles don't operate.
on a good day I earn up to kshs 2000 per day and on low season is ksh 1000.
I struggle to feed cloth and educate my school going children depending on this motorcycle.

Loan Proposal

Upon getting this loan I will purchase a new motorcycle employ one of my jobless neighbour to use it to ferry customers at a fee just as I do thus enabling me to feed and educate my two children at ease.
I will also be helpful to my society since I would have created a job opportunity to a youth.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$294.00

Date disbursed

Jun 8, 2019

Repayment status

Late

Projected term

21 months

Lenders

juliemartha

Lake Mary, United States

Paul Buchheit

Mountain View, United States

GH

Gary Horneman

United States

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  • Madesto    Feb 25, 2021

    Leonard agreed to pay the loan by mid april

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  • Caroline    Jan 12, 2021

    Leornard has promised to pay today

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  • Leonard    Dec 22, 2020

    Harsh economic conditions I'm passing through at the moment

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  • Leonard    Nov 2, 2020

    My situation haven't improved yet after covid 19

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  • Rebecca    Oct 1, 2020

    Leonard explained that his financial state has not improved and promised to resume paying as soon as he's on his feet

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  • Leonard    Sep 16, 2020

    Very hard times in my business due to effects impose by government due to corona pandemic

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  • Rebecca    Aug 21, 2020

    Leonard said he's facing some financial challenges that's why he hasn't been able to make payments, he promised to start making payments soon once his business is back on track

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  • Leonard    Aug 4, 2020

    Hard financial challenge am facing at the moment.
    Will increase installment amount in the coming weeks.
    Thanks

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  • Leonard    Jun 24, 2020

    Currently financially down will re adjust later thanks

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  • Rebecca    Jun 5, 2020

    I contacted Leonard, he said his business is not doing well during this pandemic period but he's doing his best to resume making payments soon, i encouraged him to try and adjust his weekly schedule to an amount he can afford to pay comfortably for now

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  • Leonard    May 22, 2020

    Due to covid 19 the business is quite down at the moment but re adjust them in near future

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  • Rebecca    May 2, 2020

    Leonard said his business has not been doing well due to the pandemic but he will resume paying his loan soon.

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  • Leonard    Apr 3, 2020

    Due to current economic crisis caused by covid 19 I'm requesting to re adjust my loan till my situation improves.
    Thanks

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  • Leonard    Feb 18, 2020

    Im unable to pay the weekly installment at the moment

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  • Leonard    Jan 8, 2020

    My situation has not improved yet.
    I'm still requesting for re adjustment.
    Thankyou

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  • Leonard    Nov 28, 2019

    Due to financial situation I'm in at the moment I'm requesting to reschedule the weekly installment.

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  • Leonard    Oct 11, 2019

    Due to financial crisis I'm facing now ,I'm requesting to adjust my weekly repayment.
    I will repay more once my situation improves.
    Thankyou

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  • Leonard    Aug 20, 2019

    I'm requesting to reduce my weekly repayments to 100 due to financial crisis I'm facing at the moment.
    I will re adjust to higher amount once my situation improve.
    Thankyou

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