Do motor bike repairs,lease land for farming

George

Nakuru, Kenya

100% repaid

Entrepreneur

Name

George

Member since

August 2016

On-time repayments

223 installments  •  71%

About Me

My names are George Macharia. I come from Muranga County in a place called Gitui. I came from very humble background in a family of eight kids. My parents used to work in the farm to cater for our needs as we went to school. We used to fetch water from the river and in Muranga county there are very sharp hills and valleys and therefore every day after school we had to fetch water for watering our crops and also for the domestic animals not forgetting we had not done our homework or washed our clothes. All in all God is faithful that in all those strangles I managed to go to school and got a salary job in a farm. Currently I live in Nakuru being employed and with my small salary I managed to buy a motorbike to add on my income and better my life. This motorbike plus you zidisha has helped me venture into a butchery business. Though the business is still young I am believing that in future I will move far

My Business

Having bought a motor bike I have managed to be raising income for my family which is a bit young and cater for my sister's school fees. My business is not badly off since I can manage at least 80 dollars per month. I have got savings of 1126 dollars and i need of 25 dollars. With the combined amount i wish to purchase another Motor Bike 1150 dollars.The motorbike operates in Nakuru town. I chose this kind of business due to the challenges I had when I was a small kid of carrying heavy loads and thus promised myself that I will employ people and also will struggle so that my kid will not walk long distances. At least now I have one employee for the motorbike who brings an income of ksh 1800 per week while I work in the butchery and it generates an income of ksh 1200 per week. I am so confident that because I want to paint the business premises the income will raise by maybe 20%. I.

Loan Proposal

My motorbike have puctures on the brake pads, tyres and tubes.I am planning to do repairs before the rainy season which will cost me 50 dollars. I am also leasing 1 acre of land at 80dollars which I am intending to plant maize, beans and potatoes. With this land I will need seedlings, ferterlizer and labour which will cost me 80 ɗollars. I am optimistic if you fund me before the rainy season I will be able to do repairs on my motorbiƙe anɗ thus increase on customers and income and also do preparations of the land on time. This land will also add value on my life since I will not hustle on food and will sell on the farm outputs increasing my income. My vision is that in future I will own my land instead of leasing.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$122.00

Date disbursed

Mar 21, 2018

Repayment status

On Time

Projected term

16 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Sla Tyr

Switzerland

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