Insurance for my motorbike taxi

David

Nairobi, Kenya

100% repaid

Entrepreneur

Name

David

Member since

August 2014

On-time repayments

26 installments  •  92%

About Me

My Name is David Shilaho I am a teacher by profession. I was born in Western part of Kenya but I grew up in the slums of Nairobi. I have struggled with what life has offered me since child hood to see me where I am now. I went to school in NorthHighridge primary school, then later went to Mukumu boys High school and finaly did my diploma in education inthe Kenya Methodist University and later I did my degree in the same University. I have been teaching in a small private school for the last six years until they terminated my contract, even so the pay was very little and I was still struggling to make ends meet. and that's why I had to do some online freelancing to make ends meet. It was a big struggle. It was through these platforms that I met a brother who helped me to start this busines.
I was helped by a brother that i have come to know as my own blood brother to start this business.
One thing that I can say is unique in our land is our rich cultural practices and our food. We also love our lands very much and we value them highly.
My child is still too young to know what he wants when he grows up but I want him to be what he wishes to be . he is only two years old.
My past time hobbies is reading making new friends and taking care of nature.
I want to ask for a loan to get my shoe business going. I am stuck because of capital and the marketing cost.
Kindly grant me that opportunity and I would be very grateful to you people

My Business

We have partnered with my brother and we have a motorbike that we use to ferry peole and goods at a small fees. We intend to grow and have more motorbike on the Kenyan roads This will ensure that we create employment for the youth who are under a big unemployment bracket.
I also want to take care of my mum who is a widow and old and also my wife and child.
I want to be the hope that my community and family have lacked for a long time. With your help I know I can achieve all these. Thanks

Loan Proposal

We want to have our motorbike insured comprehensively to enable us carry on without having to get in to problems with the government. We have financial difficulties getting the insurance done.
These funds will go towards making sure that the bike is insured under the comprehensive cover to guard against accident or loss or any eventuallity that may occur.
This is also a requirement of the government of Kenya for any vehicle that is plying on Kenyan roads. This is one of the reasons our motorbike is not on the road . but once This is done we can make greate strides towards making our venture a succes.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$98.00

Date disbursed

Apr 15, 2015

Repayment status

On Time

Projected term

3 months

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Matching Fund

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Kirsty M

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AL

Amy Luo

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Robert

Sweden

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