Buy new seat for my motorbike

Robert Sifuna

Bumula, Kenya

1% repaid

Entrepreneur

Name

Robert Sifuna

Location

Bumula, Kenya

On-time repayments

70 weekly installments  •  1%

About Me

I am the last born in a family of 4 children born to Mr Joseph wafula mulongo and my mother Metrin Nanyama.We grew up in Bumula county and i attended Syekumulo primary school and Saint Anthony Sirisia secondary school for my O level education. My father has worked in Kenya Agricultural Research Institute for many years and my mother has stayed at home taking care of us.After seeing the challenges that my parents had raising us i decided to be self dependent at an early age and saved money from my own farming and eventually bought a motorbike which i use for transporting clients until today.I have one wife and two children.I love my county Bumula as it is unique even with the weather and is very conducive for business.We have a very good soccer team and we are always having sporrts events when other parts of the country are not. It is my desire to finally own my own minivan to transport clients to and from various towns and i know with time i will achieve this goal.

My Business

I carry passengers on my boda boda motorbike and charge them a fee of between 50kshs to 100 kshs for every trip.That is around half a dollar to a dollar.In a day i make around 6$ to 10$ depending on the availability of clients.I pay the municipal council around 2$ daily for the licence to park in the municipality. This motorbike business helps me feed and cloth my family and helps me to also aid my mother in her day to day activities as my father income is very negligible.

Loan Proposal

I will buy a new seat for 30$ and add some new tyre tubes costing 5$ each.I will be able to attract new customers to my bike as the current one has a rugged seat and does not appeal to clients as much as it should. I will increase my earnings and even buy a better engine for the bike with time.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$199.04

Date disbursed

Oct 22, 2015

Repayment status

Late

Projected term

16 months

Cost to entrepreneur

Service fee: $9.95

Upon joining Zidisha, Robert paid a lifetime membership fee of $8.86.

Robert opted to pay $119.61 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

COOPITALIST

Toronto, Canada

sarasofia

Stockholm, Sweden

R

Roman

Barcelona, Spain

johnandmoliehi

Canton, New York, United States

Zidisha

Sterling, United States

MienDeGraeve

Ouagadougou, Burkina Faso

L

Ladysmom

Dallas, United States

A

anonymous123

United States

SeeMeeFi

Ontario, Canada

K

kaf121

Lynnfield, United States

C

CheapThrills

Liminka, Finland

U

UTLonghorn

Lincoln, United States

stever

Cape Coral, United States

L

Lolababalola

Ames, United States

M

mzhope

Harrisburg, United States

M

martyb

United States

J

Jonas

Linköping, Sweden

B

bscent

Hong Kong

B

blambert

United States

WiscoHorndog

United States

Grant Xavier Storer

Seattle, Wa, United States

S

sarahb

United States

Otto Barten

Amsterdam, Netherlands

Matthias Schulz

Berlin, Germany, Germany

D

djlayton4

United States

Gab

Singapore

Dave Bogard

New York, United States

A

Andreas

Munich, Germany

R

RoyKaufman

United States

JD

Jo Dane

Melbourne, Australia

jtreyes

United States

H

Hakon

Drammen, Norway

MB

michael breen

United Kingdom

E

erica

antwerpen, Belgium

JM

John Myers

United States

Max Lettenberger

Madison, WI, United States

Kevin

San Francisco, United States

Mouhamed

United States

Marcus M

San Antonio, Texas, United States

BB

Ben Bellows

United States

M

Mart

United Kingdom

PG

Paul Graham

United States

JW

John Walsh

Alicante, Spain., Spain

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