Loan to repair seat cover of my motorbike

Evans

Kisii, Kenya

Funds disbursed

$0 to go

100% funded of $51 goal

0

days left

Entrepreneur

Name

Evans

Member since

April 2017

On-time repayments

48 installments  •  40%

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 requesting for funds to replace seat covers of my motorcycle. This seat covers make the motorbike look neat and clean. Customers prefers using clean seats that does not make their clothes dirty. This will help in retaining the customers thus good earnings.
I will buy the covers and the work will be done by tailors here who are experts. It will cost me around USD 65.
I hope to continue earning and save more to buy another motorcycle soon
Thank you so much

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Loan Info

Project Type

Classic Loan

Disbursed amount

$51.00

Date disbursed

Oct 20, 2017

Repayment status

Late

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

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