Car transport

Simon

Nairobi, Embakasi East, Kenya

47% repaid

Follow Simon

How it Works

Entrepreneur

Name

Simon

Member since

January 2016

On-time repayments

191 installments • 39%

About Me

I attended Mumbuni Primary School and Mumbuni Secondary School for my
primary and secondary education. I overcame hardship when my father
got a job and he was able to support us financially and buy food for us.

When I came to Nairobi I took a driving test at AA Driving School.
I later worked in two companies before I joined the transport department.
I now repair tyres for puncture. In my country our land and our culture are unique and I can do farming.
When my children grow up they want to work in offices. My hobby is reading
and singing.

My Business

I own a vehicle for transport. I will use the money borrowed to buy a repair equipment. I transport passengers from one destination to another. The service is in demand because many people do not have vehicles. I choose this kind of business because I get finances every day.

The typical cost and revenue involved is for fuel and maintenance of the vehicle.
I use the profit to pay school fees for my children. In future I want to reinvest by
buying another transport vehicle.

Loan Proposal

I want to buy another machine for tyres repairs which will cost US$200.00. It
will benefit me a lot because I will also educate my children and repay the
loan.

I will get a profit of 50% from the business.