Insurance and licensees for my motorbike taxi
Ronald
Magaoni, Kenya
76% repaid
Entrepreneur
Name
Ronald
Member since
July 2014
On-time repayments
44 installments • 14%
About Me
Am a single parent with a beautiful daughter aged 3 years living in shanzu. My main goals are to give my daughter a bright future and of-course to live life to the fullest. ever since i was young i have been a matatu fanatic and dream of owning my fleet. i thank God i was able to register my company EAST-WEST transport and delivery services buy a motorbike to serve as a taxi within my area and employ a driver for it. i make 5$ a day. with both me and my daughter depending on this money it becomes challenging for me to expand my business. Don't get me wrong i welcome challenges cause they are made to make as strong but no man is an island and we all need help at some point in our lives and this is that point in my life.my hobbies are watching cartoons with my daughter and listening to music.
My Business
The reason why i choose transportation as career is because people have to move from point a to b everyday and with the current situation of traffic on our roads the quickest way from point a to b is the best and in demand thus the motorbike. it is a quick and safe way to maneuver through traffic and is cheaper than a taxi. my Bike makes about 5$ a day which calculates to 130$ a month excluding Sundays.i will use the money to buy insurance 110$ and all the new licensees 5$ introduced by the government.The rest i would enroll my daughter in to a kindergarten 30$ and buy uniform 10$. My bike is preferred by many because it is safely driven clean and kept in mint condition.on one wants a bike that breaks down on the way.
Loan Proposal
My names are Ronald Shitakha a single parent with a beautiful daughter aged 3 years. I reside in Shanzu majaoni Mombasa county a few kilometers from mtwapa. I own a motorbike taxi which i use as my source of income. But with the money earned all going to food and rent am finding it difficult to raise money for insurance which is 9500ksh (110$)per year. And now to curb the menace on the roads the transport and safety board has introduced new licensees costing 400ksh(5$). I also want to enroll my daughter into school which will cost 3000ksh(35$) and her uniform will cost 1000khs(10$) .I believe that if i get this loan from Zidisha i will have taken a step forward in achieving my goals. I humbly and honestly request for you to support me.Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Aug 25, 2014
Repayment status
Late
Projected term
10 months
Lenders
Republic of Korea
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