Buy an umbrella for my motorbike taxi

Kirui

Kangemi, Kenya

100% repaid

Entrepreneur

Name

Kirui

Member since

May 2016

On-time repayments

11 installments  •  55%

About Me

I was born in early 1990s then attends local primary and secondary in Bomet county After high school I didn't manage to join collage so I came to Nairobi to try my lack back in 2010.After trying all the manual jobs in the city life didn't favour me so I went back home with little savings then I borrow a secondhand motor cycle which helped me to change my live though our culture consider borrowing as a bad luck I overcome it.My hobby is travelling

My Business

I operate a motorcycle in Kangemi area winch is paying me well on a day i save five hundred shillings.I acquired the motorcycle at a cost of sixty five thousand and I choose this business since I was well conversant and I was sure it was going to pay me well also I choose it because I wanted to be self-employed.I choose zidisha because other financial institutions do require formal employment to offer u a loan.I will use the profits to expand my business through purchasing of another motorcycle

Loan Proposal

I will use it to buy an umbrella for my motorbike taxi.It will increase my revenue especially during this rainny season since most if not all of our clients prefer to use motorbike taxi with umbrellas to the ones without and the cost of an umbrella is thirty two dollars then it will be installed with eigth dollars making the total sum to be fourty two dollars so im expecting to increase my profits by twenty percent if I acquire the umbrella

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Sep 2, 2016

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

Mike

Indianapolis, United States

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