Buy a new motorcycle

David

Lucky Summer, Kenya

100% repaid

Entrepreneur

Name

David

Member since

November 2016

On-time repayments

194 installments  •  79%

About Me

I am David Aganyo from Nyamira my home county. This is where i schooled for both primary and secondary. I later joined Nyasiongo Techenical college, where i did a course in welding. After i finished my college, i did my attachment in a small factory in Nairobi. Where i was being paid 1500 kenyan shillings a month. I saved this money and opened a workshop with my friend. The unique culture of where i live is that most people like to ride on motobikes and it is a well paying venture. consequently, i did buy one and this is the business i practise up to date. I want to give my children good education so that they can be engineers when they grow up.

My Business

Basically, the business i do is ferrying people from one point to another within Nairobi and its environs. I use a motobike that is fitted with an umbrella. This is a very good business because its a mode of transport that is most preferred in Nairobi
The typical mode of this business is a motobikeThis is a very good business because its a mode of transport that is most preferred in Nairobi. The business has a good profit every day.

Loan Proposal

Once i receive the loan, i will add with my little savings so that i can buy brand new motorcycle. I know with the new motorcycle my profit is going to increase since it will need not much money for maintenance. Am planning to have three more new motorcycle by the end of this year. Generally the motorcycle business is doing good with me.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$181.00

Date disbursed

Mar 29, 2018

Repayment status

On Time

Projected term

7 weeks

Lenders

V

Vivek

Arlington, VA, United States

Paul Buchheit

Mountain View, United States

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