Cab paint work

Daniel Maingi

Umoja, Kenya

100% repaid

Entrepreneur

Name

Daniel Maingi

Member since

November 2014

On-time repayments

87 installments  •  91%

About Me

born in mwea gategi i went to school in the village and later i managed to join lenana school and went to jomo kenyatta university where i did course information technology .i love technology and its my dream that one day i will have a big venture that empowers other youth in terms of job creation to enable them also earn a living .

My Business

Got a loan and managed to stock my mpesa phone .4years down the line I sold the shop and bought a taxi(cab) which I employed someone to drive in Nairobi.the cab makes Ksh 2000 per day thus Ksh 12,000 per week.have run the business for years and managed to buy a second cab and yet employed a driver.now making Ksh 24,000 per week .
Due to the covid 19 I have also added my big Toyota wish to my feet of cabs and I will be driving it to make more money and the government has gone easy on working hours that more business.now running 3vehicles making ksh 6000 per day.

Loan Proposal

On the previous loans have done repairs on tyres and lights.now am planning to do an overall paint work to make the cab no 1 all new again.am requesting for your support on this venture.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$565.30

Date disbursed

Mar 7, 2020

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $50.08

Credit risk payment: $75.12

Optional expediting fee: $25.04

Lenders

Paul Buchheit

Mountain View, United States

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