Loan to do repairs to my motorcycle

Entrepreneur

About Me

I work as a clerk in our local tea factory studied upto form four then did a diploma in business administration. I have three kids. With the passion I have for business I saved some money and bought a motorbike which I have employed an assistant who rides it.
I educate my children and take care of their daily upkeep with the help of my wife who is a house wife. They are ambitious children who intend to pursue big careers in their future life . I intend to nature them well so as they achieve their dreams.

My Business

I started the motor bike business two years ago. This business is ideal here since it is the major mode of transportation. And it is cheaper compared to taxis. I get upto USD 90.00 per month from this business. With this i am able to service the motorbike and remain with a profit of USD 50.00. I look forward two owning a fleet of motorbikes. With more motorbikes it means more employment for the youth.
With the little profit I am able to support may family's daily needs and my employee is enjoying doing this job.

Loan Proposal

I am grateful for the chance to raise another loan. I am requesting for money to replace the motorcycle tyres that are worn out. One complete tyre with its tube is costing USD 8.5 and I need two. And replacement costs of 5USD . I will also need to change oils of USD 6. After all these works the motorbike will be roadworthy hence good performance. This will improve my earnings and avoid road accidents that come about due to lack of repairs. With this good earnings intending to continue saving so that I can acquire a new motorcycle before tend of year. My family is well taken care of as I am subsidizing my salary with earnings from the motorcycle business.
I thank you zidisha as I look forward to working with you more and more.

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