Loan to repair my taxi motobike

David

Lucky Summer, Kenya

100% repaid

Follow David

How it Works

Entrepreneur

Name

David

Member since

November 2016

On-time repayments

194 installments • 79%

About Me

I am David Aganyo from Nyamira my home county. This is where i schooled for both primary and secondary. I later joined Nyasiongo Techenical college, where i did a course in welding. After i finished my college, i did my attachment in a small factory in Nairobi. Where i was being paid 1500 kenyan shillings a month. I saved this money and opened a workshop with my friend. The unique culture of where i live is that most people like to ride on motobikes and it is a well paying venture. consequently, i did buy one and this is the business i practise up to date. I want to give my children good education so that they can be engineers when they grow up.

My Business

Basically, the business i do is ferrying people from one point to another within Nairobi and its environs. I use a motobike that is fitted with an umbrella. This is a very good business because its a mode of transport that is most preferred in Nairobi
The typical mode of this business is a motobikeThis is a very good business because its a mode of transport that is most preferred in Nairobi. The business has a good profit every day.

Loan Proposal

The motorbike that I bought has a few issues that have to be repaired. I need to repalace the block and do other minor services
I need to replace the side mirrors
Repair the speedometer
Put a new seat cover

And other small repairs

Block will cost me 70 dollars
Other minor services 20 dollars
Mechanic charges 20 dollars

Thanks