Loan to bu a bicycle

Entrepreneur

About Me

My names are Wilson oloo. I am young man aged twenty two years old. I was brought up by a Christian father and mother in a rural home in Siaya, Kenya. My parents were very poor and this forced my father to migrate to the capital city Nairobi in search for a job as we were left struggling with life in the rural. The little income he got sustained us a bit as I and my siblings were able to go to school. Unfortunately my father was attacked by thugs who ended his life at a building that he was guarding having been a security guard.

I finished my primary education in the year 2013. Due to school fees problem I didn’t proceed to secondary school. i am staying with my aunt in Nakuru area where I started a bicycle taxi..This has been helping me so much for sustainance.

My Business

My Business
The name of my business is Exodus bicycle taxi. I do offer transport to my customers. There is a lot of competition from motorbike taxi services however people prefer my bycycle because its cheap and comfortable.I am planning to buy a new bicycle for my business because the one I am using was borrowed from a friend.Its my desire to grow my business to the level of having a motorbike which would be comfortable on my side since I wont use much energy and it would be convinient. This would increase my income and I will be able to support me siblings and my mother who is a widow. I will appreciate any support accorded to me. May God bless you abundantly as you avail your resources to lend to the needy.

Loan Proposal

I am expecting approximately 20usd which I am planning to use to buy a second hand bicycle @ approx 35usd . This will boost the level of satisfaction to my customers hence good profits. I will be saving the profits for the sake of motorbike purchase in future

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