Repairs to car for hire

Ronald

Umoja 2, Kenya

100% repaid

Entrepreneur

Name

Ronald

Member since

March 2014

On-time repayments

38 installments  •  45%

About Me

im ronald muthami aged 38 years old i attended monguni primary school from 1982 to 1991 then joined kalawa sec.school in 1992 where i graduated n the year 1995 with a mean grade of C minus.in the year 2000 i attended a driving school and a mechanical engineering school and attained a driving licence and credit grade respectively.in the year 2006 i enrolled in counselling classes where i graduated with a distinction grade.im married with two daughters linda mwende and lisa mutheu aged 8 and 5 years respectively.i live in umoja two with my family and im in a car hire business.help me with 150USD to help me repair my car so that i can be back into business.

My Business

Help me with 150USD to help repair my car,im in car hire business i started the business last year with one car and im anticipating to buy more as time goes by.in this business i hire the car out to people who are doing errands and to those who are travelling to up country,i hire the car out at a cost of 30 USD per day though not every day i get clients. in a week i hire it out from 3 to 5 days.the business is good and has a constant income so i can rely on it to pay my loan,the challenges and risks involved is a times u can hire it out to a thief whose intention is to steal the car but to curb that i have installed a track divice and this gives me safety of the car.the other risk is when the client damages the car, we have a written contract that states the client should bring back the car in the same condition he/she took it.my clients are happy with my services since my car is always in good condition and they tell me whenever they are using it they are at peace since they know it is well maintained.why i need this money is just to improve the appearance of the car by doing a body work on it including giving it a new paint.once u help me with the loan i will repair the car and once in the business the profit i make will help me repay the loan.kindly help me out

Loan Proposal

help me with 150USD to repair my car that needs a good shape and look so that i can excel in this tight business competition.i have a small amount with me and im requesting your help so that i can top up and be able to give the car a good body work and paint;this will attract my clients and hence help me boost my business.we are in a competitive world and in every business you have to keep a high standard of products,this is how i wish to impress my clients by maintaining the car.thank you lenders.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 1, 2014

Repayment status

On Time

Projected term

5 weeks

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