Buy another 2nd hand motor bike

Mathew Ochilo

Nyapora, Kenya

54% repaid

Entrepreneur

Name

Mathew Ochilo

Member since

September 2014

On-time repayments

81 installments  •  52%

About Me

Mathew Omondi Ochilo is a Kenyan born in 1972 and married to one wife. I have three kids two girls and a boy. My wife is called Clere Mahero. and above all a born again christian. I went to school at Mumias primary DEB, Lubinu Boys high school and at a church college and graduated with certificate in church music and instrumentation.
I started business some times back but due to commitments decided to drop the business of second hand clothes and ventured into transportation. I hired a motorbike and now ferry customers and pay the owner about 3dollars a day and i keep the balance as my wages. I target to buy my own motorbike and be my own boss and be able to support my family.

My Business

I started with selling second hand clothes of which at times the bale bought would contain old clothes that were not attractive there by attracting less customers. I decided to hire a motor bike so i could increase my income by doing taxi. the motor bike taxi is well paying since am able to raise about 10dollars per day after i have paid the motor bike owner.
I now target to by my own so as to remain the boss of my business by my own.
With this earnings on monthly basis i can raise about 1000dollars which would be a big boost on my side. I want to thank you because with Zidisha i know I will manage.

Loan Proposal

I thank God that Zidisha has enabled me progress in live and in serving others.
This is my 3rd loan.
I purse to buy another second hand motor bike in good state to enable me increase production.
The first motor bike I bought has done me realy good since the much I have accumulated and saved is enough in addition to the apllied loan will help me secure onother reconditioned motor bike at about 685 dollars.
This will make me create a job for one person who will take over and at least generate something in addition to the earnings I will get from the old one I have.
I believe I will make it since the development will increase my earnings to almost 23%
Thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$390.49

Date disbursed

Apr 28, 2015

Repayment status

Late

Projected term

15 months

Cost to entrepreneur

Service fee: $14.59

Lenders

T

Tmann

Los Angeles, United States

A

Anninymouse

Southampton, United Kingdom

S

slevon

Hemsbach, Germany

Sideburnjack

Conroe, TX, United States

D

Delph007

Den Haag, Netherlands

A

arenk

Karlsruhe, Germany

S

syklop

Lausanne, Switzerland

carlos vendrell

Barcelona, Spain, Philippines

F

Frank

Berlin, Germany

tycho

Madison, WI, United States

G

garrybuck

Oro Valley, United States

cyrus0302

San Francisco, United States

D

drjofleming

UK, United Kingdom

D

Davieboy

Melbourne, Australia

R

rhc2104

Burlingame, United States

DeanDropshot

Oslo, Norway

Charmonica

London, United Kingdom

J

JBosshardt

Redmond, United States

P

prodigyita

Eboli, Italy

F

Fiodal

Helsinki, Finland

Kodzhamanov

Stamboliiski, Bulgaria

M

m_dennis

Toronto, Canada

B

beowulf911

Yarmouth, Canada

S

sirius

Lauterach, Austria

G

greenthomas

Tübingen, Germany

AWeber

Washington, DC, United States

J

Johnrock702

Saint Augustine, United States

E

evanglend

Arlington, United States

J

JakeA

Wellington, New Zealand

H

HappythroughHelp

Torrance, United States

rodcul

Altea, Spain

P

PeaceandLove

Morro Bay, United States

C

cjmenchaca

Austin, United States

E

ericcamden

Berkeley, United States

F

FCPLending

brooklyn, United States

J

JaMinLu

Concord, United States

B

blahblah

Nuernberg, Germany

H

Halli

Bottrop, Germany

B

bentst

Kongsberg, Norway

J

jdhowa2

Louisville, KY, United States

beverly

Vancouver, Canada

CharlieBfl

Vaduz, Liechtenstein

P

paixful

Coalhurst, Canada

G D Export

Kolkata, India

J

jjonas

berlin, Germany

EmilAsker

Lomma, Sweden

J

Jazzie

Oklahoma City, United States

HE

help each other

Glasgow, United Kingdom

B

bhalter

Eau Claire, United States

ProfStick

Grassy Head, Australia

E

Epona

Burgdorf, Switzerland

indeh

London, United Kingdom

J

Jaslogic

Castle Rock, United States

rasmus

Bern, Switzerland

Quentin

Toronto, Canada

SkyWalker

Stromberg, Germany

Shasta

Erie, United States

T

toscoman

Adliswil, Switzerland

Erica

Caledon, Canada

B

bopsquod

Seattle, Wa, United States

kickerofelves

Sao Paulo, Brazil

Cloudways

Malta, Malta

D

Dadiolafs

Vestmannaeyjar, Iceland

element

Trondheim, Norway

P

planespotter

Berlin, Germany

DennyC

Rostock, Germany

R

rpmccarthy

Sydney, Australia

borscht

Golden, United States

B

bugsheep

Houston, United States

lorello

Vicopisano, Italy

B

Bully

Konstanz, Germany

braccino

Settimo Milanese MI, Italy

countrygirl

Spring Green, United States

L

LeegleechN

Sunnyvale, CA, United States

B

BClay

Campbell, United States

X

xaphoon

angouleme, France

R

randy98109

Seattle, United States

ads68

Melbourne, Australia

M

michaelangers

Toronto, Canada

I

imnot

Stafford, United Kingdom

P

Patrick5678

Beijing, China

J

JKorevaar

Springfield, Canada

O

Orenius

Tacoma, United States

skullyjo

Winnipeg, Canada

T

Tuxie

Stockholm, Sweden

Vintagebeeinc

Youngsville NC, United States

L

leeirel

Edmonton, Canada

basicus

Cairo, Egypt

D

DaveH

Folsom, United States

I

IanPate

Victoria, Canada

J

Jopar

Corroios, Portugal

JC

Jordi Cohen

New York, NY, United States

A

Anette

Uppsala, Sweden

Westbye

Førde, Norway

Z

zhihanchew1234

Tampin, Malaysia

F

flaguy999

Tampa, United States

mithril

Prague, Czech Republic

K

KnutG

Bergen, Norway

Muslim

Riyadh, Saudi Arabia

M

Morgue

Brighton, United Kingdom

B

BassFamily

Tremonton, United States

N

nycmc999

Concord, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

C

caz32

chertsey, United Kingdom

GarmdGriek

Oslo, Norway

Z

ZacJ89

RIverside, United States

B

bonnieinbremen

Bremen, Germany

Zal0m0n

Atlantis!!!! x), Mauritania

U

Ubun2

London, United Kingdom

B

Bokolo

Leeds, United Kingdom

mohita

delhi, India

P

PaddyP

athenry, Ireland

S

Spelbreker

Zwijnaarde, Belgium

S

seikatsu

Palo Alto, CA, United States

O

osterqvist

Linköping, Sweden

M

Madone52

Brisbane, Australia

DJBic

Clinton, United States

L

Lennert

Alphen aan den Rijn, Netherlands

B

bwitt

Berkeley, United States

G

guggl

Vienna, Austria

M

mrjamesg

London, United Kingdom

D

dcb1987

Chicago, United States

sderickson

Berkeley, CA, United States

A

andrewpbrett

United States

O

oonbug

United States

J

janakan

Hong Kong, Hong Kong

H

HoseB

San Francisco, United States

Matching Fund

Sterling, United States

T

Tritlo

Reykjavik, Iceland

M

microlender

United States

cc5alive

Los Angeles, United States

R

Rootdet

Fairfax, United States

ColinHicks

Chichester, United Kingdom

L

lenders

United States

M

meric

Australia

D

dagjomar

Trondheim, Norway

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Mathew a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Mathew Ochilo    Aug 1, 2015

    Was advised by my mentor to reschedule a thing that will give me time to reorganize myself and be back to truck. Am sorry for the inconveniences caused to you but I promise to correct. thanks

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  • David Odindo    Aug 1, 2015

    Hi lenders,
    Concerning Mathew, I communicated to him today and he explained why he had accidentally fallen into arrears. He has been sick for the past three weeks and has been not able to go for work.
    I advised him to reschedule to make him out of arrears an idea he welcomed so much.
    He promised to do that immediately. He gets to any nearby cyber.
    Will still follow up the matter to ensure he reschedules.

    Log in to reply • Share
  • Mathew Ochilo    Apr 28, 2015

    Thank you very much dear lenders for trusting me once more and funding my loan.
    I purpose to buy another second hand motor bike and employ another person to take over the one i have.
    This will double my income since He will pay me a total 4 dollars on daily basis.
    The one I will buy will generate averagely 7 dollars a day.
    This will also improve the other business of second hand clothes.
    Thanks very much.

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  • David Odindo    Apr 21, 2015

    Kindly Lenders,
    Help Mathew fund rise his loan. He is a hardworking young man.
    Thanks.

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  • Mathew Ochilo    Apr 8, 2015

    I am so gratefully Zidisha for funding me loan. It has really changed my living standards. God bless you abundantly.

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  • David Odindo    Feb 22, 2015

    Ochilo am happy for your efforts please keep it up.

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  • Mathew Ochilo    Jan 16, 2015

    Hello my lenders,
    This is to notify you that in relation to what I had planned I was able to buy second hand motor bike from a friend. this was due to less money I had. I had saved some money and added the money i received from my loan you gave me.
    The business thrived and more so this festive December season. Was able to make 35 dollars a day which meant Since the motor bike was mine and Had to place the money under savings.
    This also boosted my second hand cloths business which ran hand in hand with the motor bike business.
    In Totality my earnings have increased to a total of about 350 dollars per months.

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  • David Odindo    Jan 15, 2015

    Congratulations for paying your loan on time. Keep up the spirit.

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  • Mathew Ochilo    Nov 24, 2014

    Thanks very much Zidisha for funding my loan. God bless you so much.

    Log in to reply • Share


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