Name
Marqius
Member since
March 2013
On-time repayments
54 installments • 44%
My name is Marqius Kasena Kahindi,married with two children:one being a boy and the other a boy,they are all schooling in a private school.I live in Bura-magongoloni in Goshi location Malindi District which is in Kilifi county.Im a cyclist doing boda-boda business,whereby I transport people from one place to another with pieces of laguage from one place to another.Im a class eight leaver.I started this job basically to earn a living and to improve my life.I purchase various items from the earnings of my business such as:tube,tire,engine oil,clutch cables,indicators,bulbs,fuel,etc Also buy food,clothes,water, and pay for transport and school fees for my children.Hope to expand my business by buying other motorbikes for better income.
My business is boda-doda,this is a business of transporting people from one place to another with their belongings by use of motorbike.There is high demand of this business because people ever travel and because motorbikes have been the fastest private means of transport which can even penetrate in the remote, whereby routes are very rough and small,then they become the outstanding option for traveling.My customers prefer to business because I'm hardworking and faithful cyclist.The business is profitable because in a day I can get ksh:1500/= after subtracting all day expenditure that is fuel and the one day meals.Risks that face my business are unstable fuel prices and security.My typical monthly income is 40000/= end my monthly expenditure is ksh:26000/= my profit is ksh:14000/= of which can repay my Zidisha loan comfortably.
I will use the loan in repairing my motorbike;some of the items that will pay my attention in are rocums,tires,tubes,oil,petrol,indicators,chain,sprocate,lubricants etc.I will also pay for the repairing service.In so doing will improve the efficience of my motorbike and through this more customers will get attracted to my business and will improve my income.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 7, 2013
Repayment status
On Time
Projected term
12 months
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