Entrepreneur

About Me

My names are John Muriu Njuguna, a Kenyan citizen identification number 22535873. I was born on 10th February 1980 at Kandutura village Rongai Township in Nakuru County. I am married with one wife and blessed with three children. I went to Thirandu primary school and later Mama Ngina Kenyatta Secondary school, both in Rongai Township. I did not go beyond secondary school.
Later in life I moved to Gilgil Township with my family where I am currently settled. I am running a Boda boda business. Boda boda is a corrupted word for border and was a very lucrative business at the Uganda-Kenya border in the past. It involved bicycle transport. With time, the trend has steadily spread to other areas of the country and has evolved to include motor cycle transport.
Mine is a motor cycle and it is my livelihood. It has been sustaining me for five years now and I love it with all my heart.

My Business

I own one motor cycle; a kingbird. On average I make Ksh 1,000 per day which translates to Ksh 30,000 per month. The fuel is approximately Ksh 300 per day translating to about Ksh 9,000 per month. Maintenance is about Ksh 2,000. The maintenance is low due to the fact that Gilgil and its environs are covered in tarmac and therefore the roads well maintained. This poses little or no damage to the motorcycle. Occasionally, I buy new tyres and tubes at an average cost of Ksh 5,000. I replace the tyres and tubes after every six months. Therefore, I am left with an average income of Ksh 15,000 per month.
My motor cycle, a King Bird is a powerful machine that is able to cover long distances within a short time. It can also carry a lot of luggage. Therefore, customers prefer it to the other makes

Loan Proposal

Dear Leaders,
am very happy to inform you that am doing well with my family, am also happy to say that my first loan assisted me in great way, i bought a new motor cycle by the name ranger 150cc that is convenient with any climatic condition, its doing well and giving out good returns, on my second loan am going back to the land to cultivated 2 acre, with maize,beans and peas and because of the good climate that favours this crops definitely the production will double, i will supplement the production to my transport business of which am planing to buy a 3 wheeled motorcyle (Tuk-tuk) that transport both people and goods, it will generate more income that will be appreciated back with a big smile. the machine is expensive but the income from my two bike and the harvest will facilitate that, coming December 2014 my family and i will enjoy preparing to go to the next level.

thanks in advance

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