Buy new high quality tires for my motor bike to efficiency

Vincent

Kakamega Shivakala, Kenya

100% repaid

Entrepreneur

Name

Vincent

Member since

January 2016

On-time repayments

74 installments  •  74%

About Me

I was born in Shivakala village in 1991 as a forth born child in a family of seven, four boys and three girls of whom the third born girl passed on when she was still an infant. I started by education in Shivakala primary school in 1997 and did my Kenya certificate of primary education in 2008. After my primary education i trained as a mason and latter as a driver. I was employed by as a motor cycle operator in 2011 and after in 2013 after managing to save some money i bought my own motor bike that i am currently using for my daily business. Kakamega town is a growing town and most of its feeder roads are not tarmac so making public transport a challenge and their is where i come in handy i am married and look forward to having kids, i love traveling.

My Business

After training as a driver i was employed as a motor bike operator for three years, during that time i was able to save money and in 2013 i got my own motor bike and that's where i make my income. i make an average of Ksh. 600 ($6) per day and spend an average of Ksh.200 ($2) on petrol when i am within town. i choose this kind of business because of the increasing demand for fast and reliable transport to the feeder roads. The proceeds from my business have helped me build my own house pay for merry go round weekly, pay for liabilities.

Loan Proposal

i would like to request zidisha to fund me so that i am able to buy high quality tires, this will last longer and increase my efficiency by reducing on tire punctures. A new tire costs Ksh.3500 ($35) which will translate to Ksh.7000 ($70), with the new tires i will operate to any area without fear of punctures of wet grounds and this will definitely increase my daily income and enable me to repay the loan on time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Jan 24, 2016

Repayment status

On Time

Projected term

4 months

Lenders

WE

Wendy Emlyn

Devon, United Kingdom

PG

Paul Graham

United States

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