Loan for buying motorcycle tyres for repair

Brigid

Nakuru, Kenya

44% repaid

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Entrepreneur

Name

Brigid

Member since

January 2014

On-time repayments

220 installments • 26%

About Me

I am a kenya citizen a resident of Nakur town. I am currently engaged in a small business that has enabled me to live an average comfortable life. I hold a barchelors degree in Barchelor of Science in community development from egerton university located in Nakuru county. I started a business since i came to realise that my salary alone could not adequately earn me a more decent living therfore the business was to act as a supplement to my income. I am married with two children which even encouraged me to go into business just to ensure that a cater for their basic needs adequately. I hop that zidisha will help me move my business to a higher level through their fincial scheme of lending. Thank you

My Business

I am in transport business operating withing the outscarts of Nakuru and Nakuru town. I started the business in the year 2011 and ever since i have never regretted. First and foremost, i must declare that the business has given me returns than i expected thereby leaving me with no option but to find meanbs of venturing more into it. I started the business with 2 motorbikes which has curently grown to 4 motobikes. About the returns, i take home an average of ksh28,000 per month of net profit. The business costs atleast kshs 14,000 with a total income of kshs42,000. the income is used for the purpose of maintainance and paying labour and other operational expenses like licenses. The loan that will be given to me by zidisha will be repaid from the proceeds of the business as i expect to even grow my income when i finally invest in more funds. I not only wish to be grown but also to repay the loan as per the zidisha schedule.

Loan Proposal

Hello my dear lenders and the whole zidisha community. am happy to tell you that my business is doing well. this is all because of your kind help and financial assistance. with the last loan i was able to boost my business by adding more spare parts. this boosted the business so much and i thank God for you people. With this loan i want to buy some spare parts and repair two motor cycle so that i can do my business well. Thank you so much for your continued financial support. May God bless you all.