Car insurance

John

Kayole, Embakasi Central, Kenya

63% repaid

Entrepreneur

Name

John

Member since

January 2014

On-time repayments

371 installments  •  78%

About Me

I Am a God fearing man who has a passion of helping the needy within the society, Am honest, hard working, social, adventurous and ambitious. i love farming, swimming, traveling, making new friends, going for hikes and road trips, learning new technology and skills, helping the needy through equipping them with business skills etc. professionally am a computer programmer who also does computer networking, web development, IT related consultation services and graphic design. apart from that i also do part time jobs like teaching basic computing skills to form four leavers in one of my neighboring cyber, i also do team building facilitation with a company called Motivation solutions. From these job opportunities i have managed to purchase a car that is currently operating as a town cab or taxi, i have also been able to rent a small piece of land that i use for agricultural search purposes

My Business

I Am an IT expert working with Bluegel Technology apart from my professional job i do have other side businesses that am working towards their growth and expansion. my source of income is derived from my IT job, a Taxi business that i run as a side job, my facilitation as a part time team builder and a small service charge that i get from training form four/ secondary school leaver computing skill in one of the neighboring cyber near my home. i would like to expand my taxi business by purchasing a 32 seater mini bus so that i could now venture into the public transportation business which is very much profitable, apart from that i would also like to venture into the agricultural sector since i also have a passion of farming and growing organic farm produce

Loan Proposal

i would like to thank the Zidisha team for standard with me for all this year.
I would like to apply for another loan of 90,000 which will go towards an asset that i posses, I have a private car that usually helps me out in running my taxi business, very recently the car developed some minor mechanical problems with need repair before it gets worse. The car also needs an insurance policy cover since the current one has already expired
currently the vehicle is grounded with this two major issues. My budget breakdown is as follows

insurance cover with resolution health 1yr comprehensive = 45,000/ this covers the vehicle who's worth is estimated at 950,000
Mechanical repairs = 30,000 clutch, break pads, steering arm system.
Mechanics fee = 6,000
Parking charges arrears = 5,000 this is paid to the county council for the area that the car parks as it awaits for clients to hire out its services

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$877.00

Date disbursed

May 31, 2018

Repayment status

Late

Projected term

6 months

Lenders

H

halisi

assenede, Belgium

B

bscent

Hong Kong

A

Andrei

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

M

Mary

United States

Dao Nguyen

austin, United States

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