Motorbike taxi

Collins

Laundy, Kenya

100% repaid

Entrepreneur

Name

Collins

Member since

September 2015

On-time repayments

152 installments  •  40%

About Me

I was raised in rural Kenya in a middle income family, that practiced tea farming. After i completed my high school studies i came to Nairobi where i secured a job in a cloth Manufacturing factory as a machine operator.
I used to be paid 9000 shilling a month, which is very little money in Nairobi.
S i decided to quit this job and start a business of my own to meet my daily needs.
I am married and i have two kids whom i desire to give good and education.

My Business

My business is of boda boda business, where i ferry people from one estate to another within Nairobi town. It is a nice business because the population within Nairobi is very high and most people like to use motobikes because it is convenient and faster, as well as cheap as compared to other means of transport.
I bought a second hand motobike and i want to raise more money so as to buy a new motobike which is easy to maintain.

I make approximately one thousand kenyan shillings every day with which i pay my rent, and pay school fees for my children.

Loan Proposal

I have seen the motorbike business is doing so fine with me. So I need to add another motorbike. This will enable me increase my income' as well as employ another person.
So far I have saved 500 dollars. So I need a loan of 470dollars so as to add to what I have saved to buy another bike.

Proposal
Motorbike_470 dollars
Thanks for supporting my proposal

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

Oct 2, 2016

Repayment status

On Time

Projected term

3 months

Lenders

D

Debock

Dresden, Germany

MarktheMormon

Sandy, Utah, United States

F

flaguy999

Tampa, United States

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

K

kalei

Germany

SuperMario28

Cudahy, United States

S

Staf

Humbeek, Belgium

moursund

Beaver Nation, United States

PG

Paul Graham

United States

Rosario von Li

San Jose, Ca, United States

JP

Juber Patel

United States

R

Ryan

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

GS

Gary Sinard

Franklin, TN, United States

A

Anonymous

United States

DW

Dan Winetsky

United States

Paul Buchheit

Mountain View, United States

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