Kibet's Boda-Boda (motorbike taxi)

Bismarck Kibet

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Bismarck Kibet

Member since

January 2021

On-time repayments

2 installments  •  50%

About Me

Hi Iam bismarck kibet born and raised in bomet county a place called kaplong iam married with two kids ....,iam third born in the family of 4 boys my education background is form 4 which I didn't proceed to further my studies even with the grade that passed college entry points because my parents were unable to raise my school fees so I had to do casual work in which I was paid on daily basis and with little amount I got I resort to saving which grew over time and time and later I joined bodaa sacco with my savings till I managed to acquire one and my own bodaa after along time of saving so for now am saving for my second bodaa so with the introduction of zidisha from a friend I will manage to acquire another one.

My Business

My business or a source of income is bodaa .....,I've managed to work on it for a long time with the good history of saving bodaa business to my case is totally good it's a must to make a saving because everyday travelling is more consistence especially irritated business people whom move from one market to another and others transporting goods from one shop to another this people has really changed my life completely from a peasant to where am comfortably earning.

Loan Proposal

Every machine servicing it is so cruel for it to work so am this requesting loan to buy some spares for my motorcycle e.g tyres and even almost worn out parts so if parts are assemble motorcycle won't much problem even when I work in long distance transport then my customers will rely on me heavily on transport so to me my income will rise positively.

Income Source

I got to increase working time when coronavirus pandemic hit us frequentling all towns responding to customers call at any given time be it night or daylight this has really helped me in maintaining my income so I had to working because am aiming high.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$55.90

Date disbursed

Feb 10, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $2.62

Credit risk payment: $6.81

Other loans

Lenders

GB

Gernot Barnreiter

Vienna, Austria, Austria

SH

Shawn H

United States

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