Bus maintainance

Leah

Nakuru,langalanga, Kenya

Funds disbursed

$0 to go

100% funded of $50 goal

0

days left

Entrepreneur

Name

Leah

Member since

January 2014

On-time repayments

12 installments  •  25%

About Me

am a business lady doing matatu business.i studied in flamingo high school and later joined vision collegue.due to unavailability of jobs,i decided to begin my business which has been doing so well and i can only be hopeful for the best.i studies accounting and this skills have enabled me to be a good financial manager which is needed most to be successful in business.am hoping that before year ends am able to accumulate enough to purchase a new matatu that can improve my revenue.with this am able to get the finacial freedom to invest in other fields such as agriculture that i have a pasion for

My Business

my business is in public transport.i have a matatu plying route 46 town service but its in good condition and its able to do long distance route.well i dint start with the matatu,i had ksh 70,000 loaned to me by a friend,i bought a motorbike .i joined faulu kenya and started saving at the same time repaying my loan to my friend,after a short period i was able to save enough to invest in a tuk tuk.with a motor bike and tuk tuk working i was able to increase my savings and within 2yrs i had enough to invest in a matatu which i have been owning for 6months knw.am planning to invest in a second matatu and with my own saving am hoping to get an extra 40,000 then sale my tuk tuk and buy a second matatu

Loan Proposal

HI all,i would like to improve the looks in my matatu.in our business new good looking matatu are more valued than the old maintained vehicles.in that regard i would like to have a loan to service the matatu.in this period when most schools are closed it becomes easy to find people arrange visits to national parks,holidays and most of them go for new matatus.i would like to have the loan as my car is in good working condition other than it does not have a good music system which is almost a requirement when people are choosing a bus to adventure with.that will in its self ensure that the car is competitive and fetches good money in this period.i would therefore ask investors to stand with me in this new challenge.my plan is to fetch as much as possible during this period and then possible buy a new bus in the next 2 months.its an existing moment for investors in transport business as the next 1 and half month will almost define the whole year business wise

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Apr 17, 2014

Repayment status

Late

Projected term

5 weeks

Other loans

Lenders

phytoplankton

United States

H

howard

Vence, France

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