Repair and repaint truck for transport business

Elijah Mucha

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Elijah Mucha

Member since

May 2015

On-time repayments

37 installments  •  62%

About Me

I was born of a civil servant father and a stay home mum deep in the village of mwimuto on the outskirts of Nairobi city.I started my formal education like any kid of the village at a village known as Ngorika deep in the Nyandarua hills facing the aberdare ranges.
My secondary school was Pumwani Boys H Schl,thereafter went to an electricity utility company and worked for seven years.I quit to start my hustling and with time I was able to get a loan to purchase a truck to supply building materials.The business has considerably grown over time and now I have three trucks.
I live in Mombasa which has a rich cultural diversity and the Indian Ocean,Fort Jesus are quite unique historical features.My children want to have their own destiny when they are of age.I play squash during my spare time.

My Business

Am in the transport business supplying construction materials to various clientele.
This include aggregates,river sand,building blocks and many others.These goods are in high demand due to the robust construction going on all over.
I chose this line of business due to the high demand for transportation and supply of the materials.My greatest costs are in the operations and maintenance of the trucks,wages and taxes.My revenue is relatively fair and the busier I am the better.
My profits are greatly utilised to educate my children and support my elderly mother.some of it also to support the less fortunate in society where i am educating two children who's mother is unable to educate them.

Loan Proposal

Repainting and refurbishment of the truck.in doing this and improving on its appearance will definitely attract more clients and it will appear very well maintained.
Cost will be 500$ or thereabouts which will cover the labor costs and purchase of the materials for the refurbishment which will include dollar,thinner,primer,sand papers and for higher of the compressor machine.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.14

Date disbursed

Jun 3, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $1.98

Elijah opted to pay $24.91 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

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Twickenham, United Kingdom

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M.Umar

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Staf

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