Insurance renewal for motorcycle

Sammy

Kilifi, Kenya

100% repaid

Entrepreneur

Name

Sammy

Member since

August 2016

On-time repayments

70 installments  •  21%

About Me

was born and raised at Nakuru town. even though moved to coast in year 2008 where l do stay currently.
l own a motorcycle that l use to earn my daily bread. this was after realizing how greatly the bodaboda industry is thriving within this region.
coast people are very friendly and always eager to help.
l enjoy reading whenever am free.

My Business

My business entails transporting people from one region to another and goods.motorcycle transportation is on demand since it's cheap affordable to most people and convenient because it's easy to get into the interior parts.the expenses in this business include fuel cost,license cost,insurance cost ,maintenance cost that amount to US 69 per month.this leaves a profit margin of approximately US 89 per month.the profit I get I use in reinvestment where I use 30% of the profit as I save the rest.

Loan Proposal

this loan applied will be used to top up the amount required to cater for my annual insurance policy with my insurance provider.
the annual insurance policy cost that l have subscribed to is KES 6000 that this loan will top up.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$12.00

Date disbursed

Dec 31, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

T

thegreek1020

San Jose, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

M

Marco

Berne, Switzerland

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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