Loan to repair my motobike

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 hereby wish to request for funds to replace the gear lever of my motorcycle. This spare part has been in use for around 5months. It is now ageing therefore need to replace it before it breaks down.
Avoiding breakdowns earlier helps so as to avoid the motorcycle being grounded during rush hours. This spare part will cost me around 8USD. With the motorcycle being in good shape it will improve performance thus improved earnings and happy customers.
Thank you as I look forward to your gracious support.

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