Boosting my transpotation business

Moses

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Moses

Member since

June 2015

On-time repayments

189 installments  •  86%

About Me

Am called Moses Karanja Njenga .I was born in the year 1958 in Kamukunji Estate of Eldoret town .
I attended Primary School between the year 1966 to the year 1972 in Eldoret Union .
Secondary between the year 1973 to the year 1976 in Uasin Gishi High School.
I did not go to the University due to lack of School fees because my parent s were very poor.
I am married and with three children all boys .
Two of my Sons have completed high School ,only the last born Son is still in the high School.

I star ted this Business after I saved money to buy a motor bike which am using to date.
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Two of my children want to become business men but one want to become a Teacher.

In my free time I do read the Bible and music for because am also a Pastor.

My Business

I provide transport services to the public in Eldoret and outside Eldoret.
This services is in demand because there no vehicles in many of our roads because our roads are not in good condition.

I chose this kind of Business because it is Cheap to operate so long as you have motor bike.

My typical cost and revenue is 7,000/=Kshs

I use 20,000/=Kshs for School fees
Reinvestment I use 2,000/=Kshs
Home improvement 5,000/=Kshs
Church activities I use 3,000/=Kshs
And I expect this to go up in the near future as the Business continue to grow.

Loan Proposal

1.When am given this money I will buy 2 tyres at 50 Us dollars
2.Over whole Service at 10 Us dollar .
This will make my customers love my service because my bike will be in good condition all the time.
and it give more money for my use at home .
I expect this to increase my profit 20% .because I know that there are always market for this service in this area .

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 9, 2015

Repayment status

On Time

Projected term

3 months

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

F

flaguy999

Tampa, United States

S

Selloman

Geesthacht, Germany

PG

Paul Graham

United States

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Summary

Amount repaid

$104.49

Amount remaining

$0.00

Date repaid

Nov 8, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 19, 2015 $6.14 Jul 19, 2015 $6.14
Jul 26, 2015 $6.14 Jul 19, 2015 $0.04
Jul 26, 2015 $6.10
Aug 2, 2015 $6.14 Jul 26, 2015 $1.11
Aug 2, 2015 $5.03
Aug 9, 2015 $6.14 Aug 2, 2015 $1.15
Aug 9, 2015 $4.99
Aug 16, 2015 $6.14 Aug 9, 2015 $1.51
Aug 23, 2015 $4.64
Aug 23, 2015 $6.14 Aug 23, 2015 $2.58
Aug 30, 2015 $3.57
Aug 30, 2015 $6.14 Aug 30, 2015 $1.59
Sep 6, 2015 $4.56
Sep 6, 2015 $6.14 Sep 6, 2015 $0.60
Sep 13, 2015 $5.55
Sep 13, 2015 $6.14 Sep 13, 2015 $0.64
Sep 20, 2015 $5.51
Sep 20, 2015 $6.14 Sep 20, 2015 $0.68
Sep 27, 2015 $5.46
Sep 27, 2015 $6.14 Sep 27, 2015 $5.88
Oct 4, 2015 $0.27
Oct 4, 2015 $6.14 Oct 4, 2015 $6.14
Oct 11, 2015 $6.14 Oct 4, 2015 $3.90
Oct 11, 2015 $2.25
Oct 18, 2015 $6.14 Oct 11, 2015 $2.91
Oct 18, 2015 $3.24
Oct 25, 2015 $6.14 Oct 18, 2015 $1.92
Oct 25, 2015 $4.23
Nov 1, 2015 $6.14 Oct 25, 2015 $1.96
Nov 1, 2015 $4.19
Nov 8, 2015 $6.19 Nov 1, 2015 $0.97
Nov 2, 2015 $4.12
Nov 8, 2015 $1.09

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