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 would like to purchase high quality tires for my motor bike and an umbrella to enable me operate even during rainfall, the cost of new tires is Ksh. 4000 $40 and the cost of an umbrella is Ksh.3000 $30 the total cost will be Ksh.11000 $110 the remaining amount of Ksh.9000 will be used to purchase two heifers which i will later sale after five month.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$223.00
Date disbursed
Jun 16, 2016
Repayment status
On Time
Projected term
6 months
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SammyGeorge Aug 14, 2017
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