Entrepreneur
Name
Promise
Member since
January 2019
On-time repayments
26 installments • 69%
About Me
I am a college graduate, smart and intelligent. I have been unable to get a good paying job, the one I currently have pays about $100 monthly which one cannot really achieve anything with as transportation and feeding almost exhaust it. I am current scouting for other jobs and more importantly looking for how to raise funds to start my own business
My Business
I love driving and i am skilled at it. The opportunities owning a car presents is quite high. an average commercial cab driver makes atleast 500 USD on a monthly basis and that is 5 times my current monthly pay but when fully deployed and used for taxify, one can make at least 1,000 usd on a monthly basis.
A 2002 Toyota corolla is ideal for such business as it is fuel efficient, cheap to maintain.
My goal is to get it, fully deploy it to taxify and in 6 months i will be able to fully pay back the loan for it and even have more money to start another side hustle
Loan Proposal
To eagerly want to purchase an economical and affordable car that will be used for Taxify.
The car in mind is a 2002 Toyota Corolla given that it uses less fuel and its economical to maintain
Monthly income projection when used on Taxify is around $900.00
Thank you all for being part of my success story.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1.00
Date disbursed
Jan 30, 2019
Repayment status
On Time
Projected term
1 week
Other loans
Ask Promise a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.