Buying building material for my motor bike

Moses

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Moses

Member since

June 2015

On-time repayments

189 installments  •  86%

About Me

Am called Moses Karanja Njenga .I was born in the year 1958 in Kamukunji Estate of Eldoret town .
I attended Primary School between the year 1966 to the year 1972 in Eldoret Union .
Secondary between the year 1973 to the year 1976 in Uasin Gishi High School.
I did not go to the University due to lack of School fees because my parent s were very poor.
I am married and with three children all boys .
Two of my Sons have completed high School ,only the last born Son is still in the high School.

I star ted this Business after I saved money to buy a motor bike which am using to date.
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Two of my children want to become business men but one want to become a Teacher.

In my free time I do read the Bible and music for because am also a Pastor.

My Business

I provide transport services to the public in Eldoret and outside Eldoret.
This services is in demand because there no vehicles in many of our roads because our roads are not in good condition.

I chose this kind of Business because it is Cheap to operate so long as you have motor bike.

My typical cost and revenue is 7,000/=Kshs

I use 20,000/=Kshs for School fees
Reinvestment I use 2,000/=Kshs
Home improvement 5,000/=Kshs
Church activities I use 3,000/=Kshs
And I expect this to go up in the near future as the Business continue to grow.

Loan Proposal

If I am given this loan amount then I will buy 14 iron sheet for building a shelter for my Motor Bike at a Cost of 200US Dollars.
Nails a cost of 15 Dollars .
This will make the motor Bike safe and in good and cool condition and therefore people or customers will like and will come to for hire and therefore I will make a lot of profit .
If this money is pumped in to this business the I expect an increase of 40%.
Thanks so much for considering me again to fund me.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$214.00

Date disbursed

Nov 26, 2015

Repayment status

On Time

Projected term

11 months

Lenders

K

Krokslatt

Mölndal, Sweden

A

andyfletcher

I want my "My loans" page back, Qatar

Tjitser

The Hague, Netherlands

Zidisha

Sterling, United States

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

F

flaguy999

Tampa, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

A

AndrewC

London, United Kingdom

mepster

San Francisco, Ca, United States

KM

Kirsty M

United Kingdom

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