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.
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$202.00
Date disbursed
Jul 4, 2016
Repayment status
Late
Projected term
39 months
Other loans
Lenders
Republic of Korea
Jake Gibson and Beverly Picardo
San Francisco, United States
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