Name
David
Member since
July 2015
On-time repayments
211 installments • 87%
I David gichara, am very hardworking and interesting and Am a simple person by nuture. my childhood was okay l cant complain . l finished high school in year 2006 after that l joined college to pursue accounts but l dropped out because of luck of funds. l have been working really hard too make progress in life l done alot of casual jobs to sustain my self .
for now l have not yet started my business but am saving to start. our land here is beautiful . we have a rich culture which is passed on from generation to another. am not married but in future l will. l love watching movies and reading
Am planning to start transport services (boda boda business) . l want buy a motorcycle which will cost me ksh. 90,000 ($900) but l have already saved half it is ksh.45,009 ($450) .
Transport services in our county is a booming business, and providing boda boda services which are more faster and efficient and can not be held in traffic jam for long and can access roads which vehicles cant access due to poor road networks. this gap is an opportunity to make profits and lender services .
l chose this venture due various factors, l saw the the gap which was there and the maintenance of the motorcycle is not high and it has a ready market
Describe what you will do with the loan in at least 200 characters
With this loan, l will purchases
fertilizer, seeds, and other important farming
inputs for the next next planting season in February.
In total, l will receive inputs to
cultivate 0.5 acres of land. Given that some
of the cash will also be purchasing a
solar light with this loan, which will cost kes3000.
a one bag of fertilizer will cost ksh 4000,and also a packet of planting seeds will cost Ksh 600 and l also want to buy a water pump to make watering work easier.
solar lights are used at night because l wake very early to attended the garden.
Positive
None
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$199.00
Date disbursed
Jan 17, 2016
Repayment status
On Time
Projected term
36 months
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