Buy comprehensive insurance for my tuk tuk taxi

David

Mombasa, Kenya

100% repaid

Entrepreneur

Name

David

Member since

March 2017

On-time repayments

50 installments  •  30%

About Me

I dropped out of school in form two due to hard life in my family. Though I was very bright in class, lack of money was a block towards my education. I did not loose hope but I struggled in doing many manual labor jobs and saved seriously and bought a second hand tuk tuk taxi which I now operate. It carters for all my needs cos I get enough to even support my parents back home. The land here is very nice and the people are very social and loving too.

My Business

I own a tuk tuk taxi which I bought as a second hand from my friend. This taxi is my source of income. I depend the taxi for my daily needs. I am capable of getting money to even support my family. I managed to repair it using my first loan. I did not have enough money to purchase insurance and it is a requirement here. Without it you get a lot of harassment from the authorities. I need the comprehensive insurance to make me work good without any problems.

Loan Proposal

I will use it to buy insurance for my tuk tuk taxi. The one I have is just about to expire and I risk being harassed by the police if I dont get one soon. If I buy this insurance, I will be in a position to work better and get money to take care of my needs. Kindly assist me in raising the money for this loan as you will have helped me a lot.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.00

Date disbursed

Jun 3, 2017

Repayment status

On Time

Projected term

5 months

Lenders

SS

Sam Smithson

United Kingdom

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