Buy replacement parts and renew license for motorbike taxi

Entrepreneur

About Me

I AM A MARRIED MAN I COME FROM BORO DIVISION AND LOCATION IS CENTRAL ALEGO SIAYA DISTRICT. I AM 29 YEARS OF AGE. I COULD NOT CONTINUE WITH SCHOOL DUE TO LACK OF SCHOOL FEES. THEREFORE I DID SOME FARMING OF MAIZE, BEANS SOLD AND THEN GOT MONEY AND I MANAGED TO BUY MOTORBIKE THAT AM USING IN BODABODA BUSINESS. AFTER GETING GOOD PROFIT I BEGUN A SMALL MOTORBIKE SPAREPARTS SHOP WHICH I OPERATE TOGETHER WITH THW BODABODA. THESE GIVE ME MONEY TO SUPPORT MY FAMILY FROM THE EARNINGS I GET. THIS IS WHAT I WILL ALSO USE TO REPAY MY ZIDISHA LOAN.

My Business

MY BUSINESS PROPOSAL: I DEAL WITH BODABODA AT THE SAME TIME I HAVE A RETAIL SHOP THAT DEALS WITH MOTORBIKE SPARE PART EG OIL, GREASE, SPROKETS, ENGINE SPARE PARTS. I BUY THE ON WHOLESALE FROM KISUMU THEN I RETAIL THEM AT MY SHOP.MOST OF MY BODABODA FRIENDS ARE MY CUSTOMERS. I NORMALLY GIVE THEM SPARE PARTS AT A GOOD PRICE. MOST OF TIME MY BUSINESS HAS A HIGH COMPETATION SINCE WE HAVE VERY FEW SPARE PARTS SHOPS SO THE DEMAND IS VERY HIGH. I MAKE A PROFIT OF 400 PER DAY FROM THE BODA BODA BUSINESS DAILY AFTER DEDUCTIONS. MY COSTS INCLUDE RENT, SALARIES, TAX AND MAINTENANCE.

Loan Proposal

i will use the money to buy 2 tubes for my bike costing 550/= i wiil then buy one tyre 3800/= i will then pay renew my licence 5000/=this will mean my business will continue well and my income to pay zidisha loan will be maitaine because my customers will all come back especialy the ones i carry daily from work payment day

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