Buying another motorbike

Peter

Mazeras, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

September 2016

On-time repayments

151 installments  •  60%

About Me

I was born on 11/11/ in 1993 in a village called makondeni mazeras in Kilifi county.I'm a first born of a single mother. My mother's name is KATUKI NAMAI. I work in a Berbers shop for two years then my boss bout a motorbike and asked me to work with it for transport I worked for 1 year then bout my motorbike. Here at mazeras people like growing maize and coconut trees. My children wants to do business when they grow up. I like go to gym,and swimming.

My Business

Nowadays I run a barber shop. This town many people like to cut their hair short. I choose this kind of business because it is my profession. County council permit is 40$ per year rent is 50$ per month electricity bill is 30$ per month. I use the profit to pay school fees for my sons.

Loan Proposal

I will buy another new motorbike at 1,200$. It will increase my profit it will also increase the number of my customers and create employment to my friends. I expect my profit to increase by 300 KES per day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$286.00

Date disbursed

Sep 21, 2016

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

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