Entrepreneur
Name
Christopher
Member since
September 2016
On-time repayments
40 installments • 23%
About Me
I grew up in kangudo sub county kawethei location mbusyani sublocation went to school at mbusyani primary later kawethei high school i later joined kenya christian industrial training institute for a diploma in computer programing and networking.in 2015 i borrowed some money and bought a motorbike which does a bodaboda business.my daughter wants to be a nurse after school and in my free time i like to go swimming becouse it relaxes my mind
My Business
Im in the transport business operating a bodaboda.this is a good business becouse people and goods have to be move from one place to another in the village and i chose this business becouse the minibuses which operates on this route are not frequent or reliable.the cost for this business is fueling especially now the fuel price are unpredictable and minor service like oil change after every 1000kms.a quarter of the profit goes to saving and half in my children fees and the other quarter on other day to day expenses
Loan Proposal
I would like to renew my motorbike taxi insurance which will cost me 40$. If I get the insurance cover I will be saving time sing I will not be using long distances just to avoid authority and also this will save me on fuel and time take from one point to another thus making it faster for my customers to arrive just on time to their destination.
If I get this loan and pay for the insurance this will save me up to 50% on fuel and time consumed on using long distances avoiding authority thus increasing service delivery to my customers.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$21.00
Date disbursed
Feb 15, 2017
Repayment status
Late
Projected term
6 months
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