My motorbike transport business

Entrepreneur

About Me

I am a 33 year old man married with six children, three boys and three girls.I grew up with my grandmother after my parents passed away. Me and my two young brothers and our smallest sister were left with my grandmother.I dropped out of primary school but later finished all the way to secondary school with the sponsorship of a local Christian church. After I finished secondary school I started selling charcoal by the roadside to charcoal dealers who would stop by with lorries headed for different towns like Busia and Bungoma. My grandmother passed away and we were left alone but I had gotten used to taking care of my siblings so we planted and grew food for sale on the one acre that she left us with and we saved enough money to buy a second hand motorbike. After I got married we decided to lease part of my grandmothers land while living on the rest of it in order to save the money for the bike. Now my two brothers are in secondary school, and I pay their fees while my small sister Maria is in primary school and should finish in 2016. And now because i am married i also have to feed and pay fees for my six children.My wife sells vegetables at the market and it helps our expenses.

My Business

I am a boda boda rider, i.e a motorbike rider that carries people at a fee to different locations. I do day and night shifts and since i live in a town that has a major sugar company Mumias Sugar company, I make around 600 kshs/7$ daily .I always try and do the night and the day shifts especially towards end of the month when many of the company workers in the have been paid. Mumias is a place where many sugarcane cutters live and so I get a lot of work transporting people to and from the company and to the various cane fields where they cut the cane or fertilize it or i may also transport the cane cutters and other staff to their residences in the many estates that have grown around the large company.
My first Zidisha loan helped me to buy and improve my motorbike with additional changes like sprockets and i was even able to make more loads and eventually raised my savings.

Loan Proposal

I need a loan of 5000ksh to help me buy new wheels for my motorbike,a new twin size senant and a sprocket for my motorbikes engine plus mud guards.I also want to be able with that money to buy sugarcane grade 6 which i will buy from the farmers who plant it outside the companys nuclear sugarcane estate and then resell it to the company.I will buy cane by the tonne (will transport it bit by bit as i usually do) at 960kshs to 1000kshs per tonne and resell it to the company at 1600kshs per tonne therefore recovering my cost.I should be able to recover the 5000ksh/50$ loan money in a month and a half.I know that i can do it with the replacement of the parts on my strong bike and with the purchase and reselling of the cane,which only tow other people do,and they use donkey carts which are so unreliable and usually hurt the animals.

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