Buy helmet and protective gear for my motor bike business

Lucas

Kakamega, Kenya

100% repaid

Entrepreneur

Name

Lucas

Member since

January 2016

On-time repayments

109 installments  •  77%

About Me

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

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.

Loan Proposal

Hi lenders i would like you to fund me acquire a motor bike helmet and my reflector overall since i lost them two weeks ago. A helmet cost around Ksh.5000 ($50) and the reflector overall costs around ksh.1000 ($10) with this i will be able to continue working without flouting traffic rules and securing myself from any possible danger.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 12, 2016

Repayment status

On Time

Projected term

3 months

Lenders

Craig Newmark

United States

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Summary

Amount repaid

$105.27

Amount remaining

$0.00

Date repaid

May 30, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 21, 2016 $7.00 Feb 22, 2016 $7.00
Feb 28, 2016 $7.00 Feb 28, 2016 $7.00
Mar 6, 2016 $7.00 Mar 6, 2016 $7.00
Mar 13, 2016 $7.00 Mar 14, 2016 $7.00
Mar 20, 2016 $7.00 Mar 20, 2016 $7.00
Mar 27, 2016 $7.00 Mar 28, 2016 $7.00
Apr 3, 2016 $7.00 Apr 4, 2016 $7.00
Apr 10, 2016 $7.00 Apr 11, 2016 $7.00
Apr 17, 2016 $7.00 Apr 18, 2016 $7.00
Apr 24, 2016 $7.00 Apr 25, 2016 $7.00
May 1, 2016 $7.00 May 2, 2016 $7.00
May 8, 2016 $7.00 May 9, 2016 $7.00
May 15, 2016 $7.00 May 16, 2016 $7.00
May 22, 2016 $7.00 May 23, 2016 $7.00
May 29, 2016 $7.00 May 30, 2016 $7.00
Jun 5, 2016 $0.27 May 30, 2016 $0.10
May 30, 2016 $0.17

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