Loan for a motor bike for transportation industry

Entrepreneur

About Me

i am dolphine ombati, married to jose onkoba. i schooled at kisii university, diploma in business administration. i completed the study by 2013 and started my own business. my family consists of one young child called stephen. i started my business due to i could not be able to acquire a job readily after campus and i needed to take care of my child, who is now nine months old. the profit i make from my business i use it to expand my business following the plough back principle and to cater for my household spendings. we and my dad in law we live in kisii town , milimani estate. besides my shop i have realised that if i buy motor bikes to transport people here in kenya at my home it will be a hotcake business.

My Business

i run a retail shop, that sells household goods, and a grocery. the shop is known as "mama shop" to imply motherly shop. it is named motherly shop because i render services i a motherly way and most goods are grocery and household goods. there is a high demand of my goods because it is the only shop in that locality, kisii-milimani estate, that offers goods in a friendly price. my customers profer shopping at my shop, because of fair price, too i am friendly and can lend in a credit to trusted customers. my business is profitable because of high selling rate of the goods. the risks i incur is the bad debts i create once in a while. my typical costs in a month include:
1. rent us dollar 28.34
2. transport cost us dollar6.8
3. communication us dollar 4.4
4. drawings us dollar 34.0097
sales revenue in a month us dollar 566.829
5. profit us dollar 102.29

on addition i want to venture into the MOTOR BIKE TRANSPORTING INDUSTRY, here in kenya since many of the people are of low class and cannot afford to buy personal cars. i have already down paid for a motor bike worth us dollar 670, my downpayment was us dollar 300.

Loan Proposal

I an dolphine Ombati who runs a retail shop in kenya, kisii milimani estate, on the process of running the business my clients used to complain of transportation problem in the area, since most of them are low income earners and can not afford personal vehicles to ferry them to their working places. then i realized a business opportunity of transportation in the area. i want to buy motor bikes to ferry the people to their respective work places and back home, i have identified a motor bike worth us dollar 670, where i have down paid us dollar 300 and the rest is remaining. i know the zidisha team , lenders can assist me to pay up the remaining amount and be able to assist the problem, i look forward for your assistance as soon as possible and i will return the loan in time. already zidisha project has changed my life in a positive way and i know it will. may the Lord bless you abundantly as you support the project.

Dolphine Ombati
kenya , kisii
+254718228580

Feedback

Loan Info

Lenders