Loan to bu a bicycle

Wilson

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Wilson

Member since

November 2016

On-time repayments

106 installments  •  44%

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

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Mar 6, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

Paul Buchheit

Mountain View, United States

Ask Wilson a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Wilson    May 28, 2019

    i have having financial problem

    Log in to reply • Share
  • EthicalHost    Apr 7, 2019

    hope you are doing better now Wilson, please keep us updated

    Log in to reply • Share
  • Wilson    Feb 22, 2018

    i am going through very hard times. allow me to adjust downwards but hope to get back on track soon

    Log in to reply • Share
  • Wilson    Oct 19, 2017

    This will be a temporary reduction due some rearrangement

    Log in to reply • Share
  • Wilson    Oct 4, 2017

    to all my lenders i do appreciate your support. thanks a million

    Log in to reply • Share
  • Wilson    Oct 4, 2017

    Thanks a lot Chris for your willingness to support me may God bless you

    Log in to reply • Share
  • Wilson    Sep 29, 2017

    i was very glad to have received a loan form you guys. may God bless you abundantly. i was able to buy bicycle of which has been of great assistance to me in my taxi business. my customers are enjoying the comfort provided by my bicycle hence much income

    Log in to reply • Share
  • Chris    Sep 8, 2017

    Hi Wilson, hope your family is doing better.

    Log in to reply • Share
  • Wilson    Sep 7, 2017

    i am undergoing some financial challenges and would wish to adjust downwards

    Log in to reply • Share
  • Wilson    Sep 3, 2017

    I am very sorry to not have paid my loan to date due many impromtu challenges in my family, however I hope to start paying soon

    Log in to reply • Share
  • Wilson    Jul 25, 2017

    i am glad to find out that my loan has been fully funded. many thanks to my lenders

    Log in to reply • Share
  • Wilson    Mar 24, 2017

    many thanks to my lenders. God bless you all

    Log in to reply • Share
  • Wilson    Mar 4, 2017

    To my lenders, thank you very much for the loan 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

    Log in to reply • Share


Loading...

Loading...

Loading...