Motor vehicle starter motor

Shadrack

Githurai, Kenya

100% repaid

Entrepreneur

Name

Shadrack

Member since

November 2016

On-time repayments

33 installments  •  100%

About Me

I'm fifth born in a family of eight
Parents were farmers and educated me to high school
I always wanted to be self employed so after being employed for five years started the business of transport.
I operate in an area where there is great demand for commuter vehicles and business is keeping me going.
I have two boys who I have made sure they go to a good school and one wants to an Engineer while the other wants to be a Doctor.
I like swimming and reading.

My Business

The transport business requires a lot of time and waking very early and sleeping late is the business norm.
I transport commuters from Githurai to Mwihoko and on a good day I make 10 trips and each gives me a net of Kes200.
I wanted independence and this business satisfied that.
I use the income to pay school fees and meet other domestic needs like clothing, house rent , food and anything else that needs my attention.

Loan Proposal

I will use the loan money together with my saving to buy a starter motor for my transport van. This will cost about US $ 80.
My vehicle will start easily and make working condition comfortable.
This will enable me to make more trips and increase profit.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Mar 1, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

CN

Craig Newmark

United States

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