Buying amotorbycicle

Patrick

Nakuru, Kenya

52% repaid

Entrepreneur

Name

Patrick

Member since

August 2015

On-time repayments

51 installments  •  24%

About Me

In my childhood life was hard becouse l was brought up with one parent thats my mum same thing to my education too,the thing that helped first of all is that l made adecision of stopping that kind of life by my self ,l made achoise of whom l want to be then l started chasing that what l wanted in life being rich .so l started doing some cassuol work which l used to be paid sometimes weekly ,daily,and raerly monthly with that money l started suporting my family but still things were not working to my expectation untill one person afriend of mine introduced me in loan lstarted taking some loan to start some busssiness,so i used to do some business and at the sametime when l get any cassual job l could do to help me paying my loan and my life has started to change .something unique about where l live is that people are very many most of them are busy doing jobs but others are ldol my children when they grow one would like to be an ambassorder of kenya the other adoctor aand the other on apastor l worshipg with playing keyboard

My Business

l give loans too and they return with anintrest of ten passent registration is three hundred and daily savings is thirty shillings per day each. l give loan even before saving to small upcoming busines people ksh 2000 to bepaid within amonth .l started it two months ago and lgive to people that l know and l hav seen people being helped and some life chenging from that small amount of money,l again go to famers buying some avacado and sell to thebrokers they sell to the market l do this twice aweek its not that time consuming becouse the second time l come with avacado to the broker he or she pays for the fisrt one that l brougt for him to sell and l have been doing that for eight months now.

Loan Proposal

when l get the loan l will add some small amount of money to that and buy amotorbysicle wich is worth 50,000,00.kes this will help me to make money buy transporting peaple to defferent places and also will help me make my lending bussines easy for me becouse l have been spending alot when going to my customers to collect there daily savings and payments. as l said most of my customers are small bussness people not educated and era in analoge techknowlogy .now when l get amotorbic things will be easy to me and that will be good for me becouse atleast per day l will be making aprofit of atleast 1000 kes per day

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$250.00

Date disbursed

Nov 17, 2015

Repayment status

Late

Projected term

10 months

Other loans

Lenders

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

mepster

San Francisco, Ca, United States

Dave Bogard

New York, United States

jtreyes

United States

WE

Wendy Emlyn

Devon, United Kingdom

PG

Paul Graham

United States

JC

juli camrud

United States

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