Oil, new tires and servicing for motorbike taxi

Entrepreneur

About Me

introduction . i am a married man staying in siaya town i did my o level and did not do well.so my life became abit of problems due to lack of finances my parents coul not support me i began some casual jobs while saving i began some business in siaya town my business picked very well in boda most of my customers liked my services.i started the business before i got married then i bought aplot after that i married my business now can support my children go to school meet our family basic needs.i have a wife also who oporates an mpesa business . i. we have 3 children in primary school .

My Business

.my business proposal; my business deals with bodaboda . i have currently 3 bikes which i have employed 3 boys to work for me . this business has supported me untill ihave began another small canteen which is coming up . my customers prefer my business because i have trained my boys to be pantual they have contacts for daily customers picking and droping them from work our phones are always on hence customers have developed confidence in us.which is very good my daily costs include buying fuel servicing the bikes .my annual costs include insurance paying tax to the municipal council that is licence.my daily income aftr deductions is 2500 after paying salaries which i pay daily 300/= per worker.the balance i use to mainiain my family and this is what i will use to pay my zidisha loan .my vision is to expand my bodaboda business sothat i can expand my hotel . most of the time my boys are busy transporting our contact customers but right now i need another bike to help carry other customers especialy during market day or the ones at the bus stop.one of my bikes is not working and hence it has affected my businessm my monthly net income is 2500 x20=50000/= this helps me to ran my family and this is what i wiil use to pay my loan

Loan Proposal

will buy oil for 4bottles of oil@. 350 i will buy 2 Tyre at 3500/=@ and then 2 tubes at @500 then pay the mechanic service fee of ksh 1000/=.this will help to improve my business because my income will go higher this will also help my zidisha loan to be paid faster my income for this bike which is 400/= per day net profit since the bike was grounded and was not on road

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