Entrepreneur
Name
Benson
Member since
May 2012
On-time repayments
9 installments • 0%
About Me
I am 25 yr s old married with on kid I live in ongata rongai where I operate a motorbike taxi. I have form level of education.I started this business as a source of income after looking for jobs which I couldn’t find I started so that I can earn a living and support my young family.The income i get from my business helps me support my family and my siblings in school.
My Business
I offer transport of persons with a motor bike its called "boda boda" where you charge people to move them in the streets of ongata rongai. there is high demand for this services as its cheaper and convenient to move people even in foot paths in the interior parts where vehicles cant go.Customers prefer me because i know the routes and i have a better bike than other operators. the cost of running this business is very low making it very profitable.I earn about 15-20000 which I use 2000 for servicing my bike I pay rent of 3000 and feeding my family 5000 and I save the rest for future development
Loan Proposal
I want to buy another motor bike to use for transport. the loan i am asking will be enough to buy a second hard one thats in good condition. my business has continued to grow and by having another bike i will be able to serve all my customers . please lenders i promise to repay back the loan in good time and may god bless you all for the good work you are doing.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$469.00
Date disbursed
Jul 2, 2012
Repayment status
Late
Projected term
10 months
Lenders
Southampton, United Kingdom
Ask Benson a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.