Loan to purchase tuktuk cover,service injector pump and do oiling in the engine

Humphrey

Kakamega, Kenya

100% repaid

Entrepreneur

Name

Humphrey

Member since

January 2014

On-time repayments

36 installments  •  47%

About Me

i am young energetic guy 24 years of age from a family of five,my two brothers,one step sister,my mother and I.currently i am running a taxi business where i use a three wheeled vehicle popularly known as a tuktuk here in Kenya.I ferry passengers from one destination to the other with the price depending on the distance that one goes to. I also carry l peoples stuff and this is this is the most profitable part as it is more costly and i started this business two years ago with the money i saved after working f in the local construction companies in our estate.before starting this job, life was very hard such that we sometimes went without meals.i just kept on working hard and through the love of God i managed to save 2000 dollars and bought this second hand machine.I am now getting my livelihood through the funds i get from this job.I WOULD NOW LIKE TO APPLY FOR A LOAN IN YOUR ORGANIZATION SO THAT I CAN BE ABLE TO REPAIR THIS TAXI OF MINE AND BUY NEW TYRES.THANK YOU FOR THE SUPPORT

My Business

I would like to apply for a loan of 302 dollars in this precious organization so that i can ,manage to buy tyres for my vehicle,do painting and do some engine repair so that its efficiency can increase and in the end to get maximum profitability in my business.i started this business with the sole aim of improving my financial standing and also to promote and boost the economy of my beloved country.This business has got good profitability and also its maintenance cost is much lower compared to other business.my daily collections totals to 17 dollars a day and after removing the fueling and other local authorities rates, i remain with 10 dollars as my daily profit.when given this loan , i will repay in the best time possible as promised.please help me achieve my dreams.expenses ,i remain with

Loan Proposal

dear lenders ,it is with great thanks that i come to you once again for financial assistance so tha i can bring my business to a new level.the past loans helped me alot and now i have a good customer network due to your kind help that you had gave me in the past.Here in kenya it is raining and the business is at its peak.unfortunately my tuktuk body cover has some leakages and it needs anew one.also the injector pump needs servicing and i also need to do routine management services for my tuktuk.because of this,i want you financial assistance to buy anew cover and do these services.with aloan of USD 235 dollars,i will use USD 170 to buy anew cover,USD 50 to service the injector pump and the remaining USD15 to do the routine oiling services.with your support my busines profitability will increase and also the customers will be fully satisfied.thank you for your support

Feedback

4

None

1



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$235.00

Date disbursed

Aug 14, 2014

Repayment status

On Time

Projected term

6 weeks

Lenders

T

Tmann

Los Angeles, United States

Kitty

Hailsham, United Kingdom

DeanDropshot

Oslo, Norway

S

Shadrax

Lansing, United States

H

HildeK

Rogaland, Norway

Hedwich

Gorssel, Netherlands

H

howard

Vence, France

Matching Fund

Sterling, United States

Justin

Connecticut, United States

BuckeyeBob

Ohio, United States

larry

Sweden

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

Loading...

Loading...

Loading...