Loan to service 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 once again requesting for a loan to service my motorcycle. In kenya we have been through the elections period whereby business was down but now things have improved looking forward to better days in business. Regular service that I usually do every month costs me USD 12 therefore I requesting for funds to top up my money inorder to be able to pay for the works. with regular service it improves performance of the motorcycle thus good turnover. I expect with improved earnings to be able to pay my loan in time and be able to take good care of my family and pay school fees for my children. I also want to start saving from next month inorder to be able to add one additional motorbike for this business.
Thank you so much for your continued support as I look forward to the funding of this.

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