Buying motorbike tyre

Entrepreneur

About Me

My Name is Nathan Mureithi ,And I was born in the year 1986 in Uasin Gisdhu County in Rift Valley Province in the republic of Kenya Est Africa.
I started Schooling in the year 1993 in Songoliet Primary School and completed in the year 2002. and I did not continue to high school due to lack of School fees because my parent were very poor that they could not afford even manage the cost of living even in the family level.
After completing my primary Education then I begun the casual work as gardener for about 3 years .And after I had saved money for those three years then I bought a bicycle to begins boda boda business for 2 years and there after I bought a Motor bike of which am using to date as a boda boda operator business in this city of Eldoret.
Am now married with one child baby boy and is in nursery School second year that is middle class .
The unique thing in this place where am coming from is that every child is expected to provide for the family whether he has or nor.
Well my child is still too young to decide he wants to become when he grows old ,he is yet to discover himself and also decide of what he wants to be.
My unique hobby of mine is to ride with my wife and my only child now at my free time.

My Business

I provide Transport services in the City center as boda boda operator taking people to various places within the town especially in the morning hours and evening when people
This service is so important in the city center because we don't have taxis in most of roads because they are very narrow for them to use therefore the boda boda is very useful and are in high demand.
I chose this kind of business because I started this kind of job when I was very young and because it is in high demand there is ready market and my customers are ever calling on phone to be picked to various places.
My typical cost is 25,000KES
I use my profit in the following ,
1.School \fees for my child is =========10,000KES
2.Reinvestment in growing the business= 5,000KES
3.Home improvement is =============5,000KES
4. Giving to my mother in the village ====3,000KES
This is just for this year but I expect that as the business grows the expenditure will also grow in the near future.

Loan Proposal

When given this loan amount then I will buy 1 Tyre for my motor bike for transport business at the cost 5 US Dollars.
This will enable me to ride even in rough roads and muddy road without fear of slipping with my customers.
And also it will make my customers to trust me and come in all seasons of the year.
If this implemented then I expect this business to grow by 30% this year and next year the more.
I promise to be faithful in repayment of this loan amount

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