Purchase a new motorbike taxi
Daniel Kamau
Baringo, Kenya
1% repaid
Entrepreneur
Name
Daniel Kamau
Member since
February 2014
On-time repayments
298 installments • 2%
About Me
My name is Daniel Kamau Mbugua.I am a Kenyan male,a husband and a father too. I was born in the year 1988.I come from the largest tribe in Kenya called Agikuyu.I was born in Njoro sub-location Nakuru County Kenya. My parents are Mr and Mrs.Peterson Mbugua.They are all alive and working in different capacities in their respective employment areas.My father works at Britam Insurance as a messenger and my mother works as a teacher in Njoro Egerton Primary School.
I went to school at Oloilung'a Primary school in Kajiado and later went to Lamudiac Secondary school and did my O level examinations at the same school and attained C+ mean grade in my final examinations.
My Business
After i completed my O level education, had nowhere to join for my future career. Since my parents had the burden in paying my other siblings school fees.
I chose to start operating a Bodaboda business using a bicycle. I started transporting my customers from one area to the other. I operate my bodaboda business in Baringo Town center. My customers for the first time did not come for the service in large numbers,which i was almost closing down the business and focus on others. It emerged one morning that most of whom i used to carry, gave me some orders to be carrying their children to and from their respective schools on weekdays. The business started getting more money which made me to have more courage with my bodaboda business. For now on the normal busy day i collect a clean Ksh.1000 per day sales. Which makes to almost Ksh.30,000 per month. Now for the loan i am requesting from the Zidisha team,i am planning to buy a Motor-cycle, so that my customers can ease the congestion of waiting on every trip and it will be more efficient compared to the bicycle. I always have hard times when transporting my clients especially on the rainy seasons.I am planning to buy a King-bird motor-cycle,150cc, to make my business abit modern and competent .It is my prayer that the Zidisha team will make my dream come true. Thank you in advance as you prepare to approve my loan application.
Loan Proposal
To my worthy Lenders and the zidisha microfinance,i sincerely register your continuity support in my motorbike taxi business.For the last loan,it was really of great help.The loan upgraded my boda~boda business to another level, because i was able to buy a motorbike,king~bird model for the boda-boda business,.My Boda~boda Business has been easier for the first time in my transportation business world. From the profit i'am getting currently,i will add some more amount together with the second loan and buy one more motor~bike and two tyres and insurance for the motor-bike.I am appealing to the lenders to fund my loan.Through the zidisha support,my dream will be realized and accomplished.Thank You all in advance and welcome all to support my dream to be a reality.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$494.00
Date disbursed
May 30, 2014
Repayment status
Late
Projected term
68 months
Other loans
Lenders
Lahr, Germany
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