Entrepreneur
Name
Gira Okwaye
Member since
February 2015
On-time repayments
249 installments • 78%
About Me
graduation, I have not had any meaningful employment. This is due to the high rate of unemployment in the country. I have help sales positions in some few small companies, and that gave me the confidence
My Business
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Loan Proposal
Given this loan, I will purchase a motorbike, a Yamaha Crux, 100cc. with the little amount that I have saved, I will use to ensure all the county charges are paid for and in order. I will also buy a top box as it will make it easier for carrying parcels around. I will use part of the sum total to buy the proper riding gear so as to run the business in all weather. The motorcycle goes for $950 locally. Insurance goes for $100, annually, the county council fees are $91 annually. A good top box goes for $110, this will make it easier to carry around the parcels for delivery. In addition, I will get good riding gear which cost an upward of $100. With all these acquired I can make a daily projection of at least $18. This translates to a weekly projection of $108. With this amount, I can comfortably repay the loan and add the remainder to my income.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,026.72
Date disbursed
Dec 20, 2019
Repayment status
Late
Projected term
11 months
Cost to entrepreneur
Service fee: $39.86
Credit risk payment:
$199.29
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Michael Thurm Dec 17, 2019
Eric Torrie Jan 14, 2019
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