Name
Lucas Osotsi
Member since
January 2016
On-time repayments
109 installments • 77%
I am from matende village shirere sub-location. I did my kenya certificate of primary education in 1993 at kakamega township. My parents were unable to take me to secondary school so i joined a garage of a family friend to enable me acquire mechanic skills. It was at the garage that i learned my driving skills and when i was 18 years and had my national identification i went for a driving course. I have been a TAXI driver for several years though employed, i decided to venture into my own business in 2006 when i bought a motor bike. I currently have two motor bikes i have bought my own land where i live with my family and i look forward to building a more reliable transport industry.
My business involves providing transport services to my customers through out the day, my day start at around 5am in the morning where i pick and drop students to schools and during the day i ferry clients to different destinations my charges vary from Ksh.50 ($0.5) to ksh.200 ($2) depending on the distance. i make an average of Ksh.1000 ($10) a day, which includes proceeds from the hired motor bike. with the modest income i am able to pay for my children education meet my basic needs pay for medical insurance and save for future investments.
I would like to buy a new motobike Star TVS 150 cc the motobike costs Ksh.110,000 ($1010) i have someone who is buying my motobike at Ksh.65000 ($650), i will then add the amount from zidisha to enable me buy the new motobike.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$527.54
Date disbursed
Sep 5, 2017
Repayment status
On Time
Projected term
12 months
Cost to entrepreneur
Service fee: $21.02
Credit risk payment:
$63.04
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SammyGeorge Aug 14, 2017
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