Name
Danstone
Member since
January 2014
On-time repayments
133 installments • 5%
I am a residence of Nakuru Njoro doing business in the town I am currently operating a boda boda type of business where i have managed to grow my business from the initial two motorbikes to three motorbikes. My transport business strated in the year 2012 and so far it has been growing. I am a teacher by profession and married with one wife and a child. I was introduced into zidisha and through my own assessment, i reaslised it is all i need to grow my business to the next level. When am given a loan through zidisha, I will be able to purchase additional motorbikes and expand my business operations hence income
My transport business gives me at least a net profit of roughly kshs 19000 per month. This is usually a balance after funding my total expenses of kshs 16000 which majorly goes to repairs and maintenance and paying the labor force and even the municipal license. My total monthly income is usually kshs. 35000. I will use the income from the business to pay the zidisha loan and sometimes even use part of my salary where necessary. Through the business, I have always been able to catered for my family needs including paying school fees. Through the zidisha loan, i will be able to expand my business by acquiring more motorbikes to promote my financial and self reliant.
i will buy 2 tyres 7000 and service of ksh 3000 .the balance will be used to m,aintan the bike so that the customers can get reliable service . this will increase my income especialy this month the students are opening school form ones plus university students who are my target .hence repaying the loan will be easy
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 25, 2014
Repayment status
Late
Projected term
31 months
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