Marqius Kasena

Bura-magongoloni, Kenya

100% repaid

Entrepreneur

Name

Marqius Kasena

Member since

March 2013

On-time repayments

54 installments  •  44%

About Me

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

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.

Loan Proposal

I will use the loan in repairing my second-hand motorbike.
The items to be bought are as follows:gear-lever,crank-shaft,rocam,shocks,
valves,tires,gascates,tappets,push-rods and oil.
All the items mentioned are engine contents.Example for crank-shaft costs ksh:5000/=,Rocam and valves costs ksh:1500/=,Gear-lever ksh 150/=,Gascates costs ksh:250/=,Engine oil costs ksh:400/=,Tappets costs ksh:1000/=,Push-rods costs ksh:200/=,tires costs ksh:5000/= and shocks costs ksh:3000/=

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Loan Info

Project Type

Classic Loan

Disbursed amount

$195.48

Date disbursed

Nov 12, 2013

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Lender interest: $195.48 at 6.01% annual rate over 8 months = $8.71

Service fee: $5.06

Lenders

Pierfausto

Rome, Italy

P

Prysdahl

Marshall, United States

Ingela

Falun, Sweden

scgtb

Sarasota, United States

C

CZC

Lake Zurich, United States

A

Anonymous

United Kingdom

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