Entrepreneur

About Me

My name is Khamis Ndune Charo, married with two children who are scooling now.I live in Mrang'a village in Mwamtsunga sub-location Mawesa location in Kaloleni Division in Kilifi county.I'm a class eight leaver.I started this business basically to earn a living and to improve my life.With the earnings from my business I purchase various items such as tappets,brakes,chains,side-mirrors,indicators,head-lights,cables,oil,petrol etc.Also buy food,clothes,pay for school fees for my children etc.Will really appreciate and come to the reality of the dream of operating my company,when I will buy and own many motorbikes for commercial purposes.

My Business

My business is boda-boda,this business provides transporting people with their belongings from one place to another by use of motorbike.There is demand of this business because people need to travel daily either to work or to attend various functions in life.additionally Boda-boda being the private and the fastest means of transport therefore people go for this alternative as it also able to penetrate through small and narrow ways.My customers prefer to my business because Im a careful cyclist and that I keep time.The business is profitable because in a day I can make 1500/= after consuming fuel worth ksh: 400/=.Risks that fac my business are unstable fuel prices and security.My typical monthly income is ksh:34000/= and monthly expenditure is ksh:18000/= therefore my profit is ksh:16000/= Its my hope that once loaned by Zidisha will expand my business so that I improve my income.

Loan Proposal

I will use the loan in improving my business;I will buy new tires, tubes,side-mirrors and the normal general service.This will give my motorbike efficiency and as a result will attract more customers and in doing will improve my total income.Secondly will buy a stock of petrol fuel to keep in store to care of the times of petrol scarcity and high priced petrol.

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