Car for taxify

Promise

Port Harcourt , Nigeria

11% repaid

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 take care of some preliminaries such as license and support another side hustle and also sourcing for good vehicle for purchase

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$400.00

Date disbursed

May 23, 2019

Repayment status

Late

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$43.76

Amount remaining

$356.24

Expected completion

Sep 6, 2019

Status

Repaying late

Installment amount

$50.00

Repayment History

Expected Payments Actual Payments
May 31, 2019 $21.66 May 30, 2019 $21.66
Jun 7, 2019 $6.80 Jun 7, 2019 $6.80
Jun 14, 2019 $6.80 Jun 15, 2019 $6.80
Jun 21, 2019 $1.70 Jun 16, 2019 $1.70
Jun 28, 2019 $1.70 Jun 16, 2019 $1.70
Jul 5, 2019 $1.70 Jun 16, 2019 $1.70
Jul 12, 2019 $1.70 Jun 16, 2019 $1.70
Jul 19, 2019 $50.00 Jun 16, 2019 $1.70
Jul 26, 2019 $50.00
Aug 2, 2019 $50.00
Aug 9, 2019 $50.00
Aug 16, 2019 $50.00
Aug 23, 2019 $50.00
Aug 30, 2019 $50.00
Sep 6, 2019 $7.94

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