Monday

Mtwapa, Kenya

68% repaid

Entrepreneur

Name

Monday

Member since

January 2013

On-time repayments

15 installments  •  40%

About Me

My name is Monday Baya, a familyman, a businessman and a resident of mtwapa. Am maried and blessed with two children, a boy aged fifteen years and a girl aged twelve years old. I live with my whole family here in mtwapa in a rented house. Am a secondary school lever having completed my form four. After school i had nothing to do other than looking for small casual jobs that will give me and my family the daily bread. After a hard struggle i managed to attend a driving course where i attained a diver's license. With this i thought of what to do and came up with the idea of bodaboda. This business is doing well here. With the income i get rom this business i buy food for my family, pay rent, pay school fees and other family needs.

My Business

I operate a bodaboda business here in mtwapa town and its neighborhood. This business is very good and profitable especially if you own the motor cycle. I mostly do this business at night and its doing good because at such times there are few people doing this business. I enjoy doing this business at night because i get time to do other things during the day.Risks in this business is theft, sometimes you may run into a group of thieves and they can take everything from you. In a month i get an income of ksh 25,000. With this income i use ksh 3,000 paying house rent, ksh 6,000 paying school fees, and ksh 5,000 for buying food for the family.I save an average of ksh 11,000 per moth. With this amount i can use to repay my zidisha loan if granted.

Loan Proposal

Hello, thank you for your determination towards my loan approval. I really have been waiting for this wondreful boost. With this loan i will buy my own motorcylce and this will advance my income because i will save the money i used in hiring the motorcylce i used for bodaboda. Thank you so much because this will up lift my income.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Mar 22, 2013

Repayment status

Late

Projected term

16 months

Lenders

V

vidarlil

Sandefjord, Norway

Brian

Midhurst, Canada

investor

Candiac, Canada

DeanDropshot

Oslo, Norway

Silver

Steiermark, Austria

M

mogensh

København V, Denmark

B

Bavarian

Bavaria, Germany

Sundstroms

Falun, Sweden

B

bopsquod

Seattle, Wa, United States

Ingela

Falun, Sweden

M

martinmuell

wien, Austria

Ask Monday a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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