Nerbat
Nairobi, Ongata Rongai, Kenya
100% repaid
Name
Nerbat
Member since
July 2013
On-time repayments
102 installments • 81%
I am 27 yrs old married with three children of school going age. all in school.I have a form four level of education and i live and stay in ongata rongai an outskirt town of Nairobi. i started my business Five years ago to make a living after being in informal employment for some years where i was not able to support my family. with my monthly income of about 37000 i am able to educate and feed my family and support my parents. I have a dream to improve myself financially as i know i have not fully attained my financial capabilities.
I am a motorbike taxi rider where i ferry people from Kware bus stage in ongata rongai to and from their homes. there is high demand for such services as the homes are very far from the main road and bus stage and some interior roads are not accessed by cars. i have many customers due to my experience maturity and characters people trust me unlike my competitors who are younger than me. The business is profitable as the cost of running a motorbike are very low and easy to manage as it deals with direct contact with the customers who are your employers.
Hello Lenders,
Thanks once again for the 3rd loan. It real helped me a lot as savings had never been easier for me as it is now. I am a motorbike operator and i get money in bits which previously had been hard for me to save. It is overwhelming to look how my shop which is operated by my wife has grown thanks to the loan given to me.
I am intending to use the next loans to start supplying some shop items in wholesale. Milk for example, has been my hot stock and i am planning to start buying it from farms directly which will enhance my profits. by doing these i will avoid the intermediaries therefore increasing the profits. I will also be supplying to other shops in the location.
Thank you for your continued support.
Positive
10
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$306.00
Date disbursed
Mar 13, 2014
Repayment status
On Time
Projected term
3 months
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