Taxi service

John

Kisumu City, Kenya

Funds disbursed

$0 to go

100% funded of $98 goal

0

days left

Entrepreneur

Name

John

Member since

January 2017

On-time repayments

39 installments  •  85%

About Me

My name is John Bede, i was born in the Nyanza part of Kenya, a place called Kisumu specifically a small village called Nyakatch. I was named John Bede in luo Bede means from the lake side. They thus named me Bede meaning i was born near the lake. My childhood and education can be traced back to the small town called Nyakatch. I was a pupil at Nyangumo Primary school and later on joined Nyalenda secondary school. I finished school well, passed but i never joined the University because of financial problems. My father had three wifes and 15 children, It was thus challenging for him to educate all of us.
I ended my education at that level and started engaging myself into business, my father owned several Tuk Tuks in town and i was thus given the responsibility to ride one and take care of it. That is how i came to start the tuk tuk transport business.
What i call or see unique in our home is that we are blessed by the great lake Victoria that produces a lot of Fish for sale and consumption.

My Business

I offer transportation services in Kisumu town, i have been employed by my father to run one of his Tuk Tuk and hence i carry people within town from one place to the other. This service are useful in that they help people get to their places of need within a very short time. It is a also useful because during traffic jams one can avoid the heavy traffic and get to place of need quickly. The demand is high because of the large population of people living in Kisumu. This makes me get customers and good income.
I use the profits that i make to support some of my siblings, support myself financially and also save some. I wish to use the savings to buy my own Tuk Tuk so that i can be running my own business.

Loan Proposal

Since i have now been in this industry for the past 4 years, i am well conversant with the demand and hence i still wish to invest into the same industry ones again. With the loan, i will use the money to buy a another motorbike at a cost of 400 us dollars. This loan and some savings that i have accumulated will see me through this purchase.
I will benefit from the same because i can now employ one young man and get 5 us dollars each day from that bike. With two bikes and one Tuk Tuk i can be making good money. I expect to make around 25 us dollars each day

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$98.00

Date disbursed

Oct 10, 2017

Repayment status

Late

Projected term

6 weeks

Lenders

A

Andy

Berlin, United States

S

Staf

Humbeek, Belgium

PG

Paul Graham

United States

MC

United States

M

mariamfula

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

rob baird

Darwin Australia, Australia

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