Elvis

Mtwapa, Kenya

68% repaid

Entrepreneur

Name

Elvis

Member since

December 2012

On-time repayments

11 installments  •  36%

About Me

Am Elvis Mwandaro Keah, am a resident of mikanjuni , Mtwapa. Am 27years old holding a primary school certificate.I went to Tsagwa primary in Chonyi, Kilifi district. I completed my primary school in 2001, having finished my primary level and passed well. I went to Mombasa high school in 2002. due to my family's poverty status i droped out of school when in form two.i went to Unik driving school where i got my driving license. Then i was forced to begin the search for a job so as to meet my needs. I was employed with Kaluworks, King'orani,Mombasa.That was 2007. i did that job for three years. it was a tough job and really affected my health. i had to quit the job because it nearly took my life! I went back home where i stayed for one year.Then i joined a friend of mine who was doing bodaboda business in Mtwapa. i stated to take part in his activities and when i had gotten used to the business i also ventured into it. I've been doing this business but with a hired motor bicycle.its been a good business despite the challenges. In a good month i make a minimum income of ksh 25,000 per month.risks in include, i use a hired motor bicycle so i loose more money.

My Business

My business is a bodaboda .Bodaboda is a means of transport by the use of a bicycle.in the olden days people used bicycles but now we use motorcycles.we sometimes do this service door to door, which mostly interest our customers more.because they dont have to walk much, especially at night. i do this business inside and outside mtwapa town.I do this business here in mtwapa and environs mainly because, Mtwapa is a highly populated area with people of different ethic communities so making this area a business territory. I've been in this business for over a year and am very experienced, understanding my customers. My customers like my sevices because of my fair and friendly services. Its a profitable business because in a good month i make a monthly income of ksh 25,000 per month. with this money i use ksh 10,000 to pay for the motor bicycle, ksh 2,000 is used to pay house rent ksh 2,000 is used for my food and i send ksh 3,000 at home, i save ksh 8,000.Am requesting this loan in order to buy my own motor bicycle so as to save more money.So please assist me so to achieve my goals.

Loan Proposal

Hello, am so happy that my application has reached this far. as a businessman i would like to satisfy my customers with the needed services. So with this loan i will buy my own motorcycle which will help me save the money i use for hiring a motorcycle and this will add more income to my business. Thank you so much.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$470.00

Date disbursed

Apr 5, 2013

Repayment status

Late

Projected term

12 months

Lenders

Silver

Steiermark, Austria

M

mpeters

New York, United States

H

hanso

Arendal, Norway

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

A

Astrid

Den Haag, Netherlands

J

jzidi

Los Angeles, United States

Namaste250

Pittsford, United States

mewesten

Waynesboro, United States

R

ram1919

San Jose, United States

T

Tui1974

nuenen, Netherlands

J

jonesabankwa

Bronx, United States

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