New engine for my motorbike taxi

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

I will use the loan amount in purchase of a new moto-bike engine, service the engine buy Tyre tubes and payment to the mechanic totaling Ksh.32000 $320 the remaining amount will pay for annual insurance and purchase of fuel.

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$354.00

Date disbursed

Jan 4, 2017

Repayment status

On Time

Projected term

10 months

Lenders

joerg

Berlin, Germany

P

ploeger

Perkasie, United States

S

soren

Göteborg, Sweden

Martin

Manama, Bahrain

kuebel

Vienna, Austria

ElWal

Kirn, Germany

F

flaguy999

Tampa, United States

S

SammyGeorge

Belfast, United Kingdom

mikeice

Kohler, United States

Paul Buchheit

Mountain View, United States

V

Vivek

Arlington, VA, United States

Arend Thorp

Brooklyn, NY, United States

Isabella

UK, United Kingdom

Akirahugo

Dortmund, Germany

Stephan W

Witten, Germany

Mary

Germany

J

Jo

United States

J

John

Toronto, Canada

M

Mark

Toulouse, France, France

CJ

Chris Jones

Seattle, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

E

Eric

Canada

JC

Jordanna Chord

Kirkland, WA, United States

Katja

Switzerland

A

Anonymous

United States

DM

Darin MacRae

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

HB

Hugo Boss

United Kingdom

A

Anne

United Kingdom

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

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  • Daisuke    Jun 9, 2018

    Hello Lucas,

    How is your business doing?
    Can you make at least a small payment?

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  • Lucas    Feb 21, 2018

    Thanks for funding my loan

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  • Lucas    Jan 3, 2018

    log book of the motor bike

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  • Lucas    Jan 3, 2018

    Log book of the motor bike

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  • Lucas    Jan 2, 2018

    This photo is the motorbike being used by my friend for hire he gives me $3 a day from Monday to Friday

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  • Lucas    Dec 29, 2017

    Hi Lender's,
    I want to thank you for your continuous support in funding my previous loans kindly facilitate funding of my current loan proposal to enable me start the new year with my new business idea I look forward to your positive support. Thanks in advance.

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  • Lucas    Dec 9, 2017

    Your continuous support has seen me by another motobike which gave me an opportunity to hire the first moto bike and it gives me a daily revenue of $3 (300) per day with this new loan i will purchase another moto bike and hire two moto bikes this will give me a daily revenue of $6 (600) per day from the hired motobike to boost my daily earnings with this i will be able to pay my loan and do some home improvement.

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  • Lucas    Dec 6, 2017

    thanks for your continuous support

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  • Lucas    Aug 25, 2017

    thanks for funding

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  • Lucas    Aug 15, 2017

    thanks for your loans

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  • SammyGeorge    Aug 14, 2017

    Congratulations on completing your loan Lucas. Best wishes for the future!

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  • SammyGeorge    Jul 27, 2017

    Thank you again Lucas.

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  • SammyGeorge    Jul 12, 2017

    Thanks Lucas!

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  • SammyGeorge    Jul 8, 2017

    Another one today!!! Thank you Lucas.

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  • SammyGeorge    Jul 6, 2017

    Thanks again and best wishes.

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  • SammyGeorge    Jun 20, 2017

    Many thanks for another payment Lucas.

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  • SammyGeorge    Jun 19, 2017

    Thank you again Lucas.

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  • SammyGeorge    Jun 17, 2017

    Thank you again. Half way there! Best wishes. :-)

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  • SammyGeorge    Jun 15, 2017

    Thank you for another payment Lucas. I wish you well.

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  • SammyGeorge    Jun 10, 2017

    Thank you for another payment.

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