Entrepreneur
Name
Justine
Member since
September 2012
On-time repayments
52 installments • 2%
About Me
am married with three children who are all schooling. i live in kiptagwanyi center plot no 700-l.in this plot is where my family live .but me being a tax driver and also owner i do my work in nakuru and also in nairobi but because of my family , every Friday i travels to my family in kiptagwanyi and also my wife do business there.kiptagwanyi is 43 kilometer from nakuru which is the nearest town in the area.this business of taxi transport i started this business after doing research in it because my cousin have this business also and i notice that it is profitable and i decided to buy one after i fail in cereal business in the first loan from my group in this area because of much competition
My Business
my business entail in transport business in nakuru and also in nairobi.after borrowing the fist loan i started cereal business which because of unfair competition the business collapse but i manage to repay without having profit. i borrowed the second loan which was 170,000 and my cousin sold to me an old car at 150,000 after that the 20,000 repair the car and i started this business of taxi in nakuru town odeon cinema. after seven month the car got an accident but the problem was with the opposite driver and after the case i was paying another car, but now the car is old and because of the family i don't have money to buy another because the car breakdown every time and i want to sell it and and the loan and buy a new one
Loan Proposal
my taxi has became very old and i want to replace it. i will add the money i have to repair my taxi waiting to repay the money within a shot time and borrow another to you people and buy a new car. so if i can be funded quicker i want to have my car repaired and i will repay within three month for my chance of getting more fund and reach to a higher place of borrowing from zidisha
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Oct 25, 2012
Repayment status
Late
Projected term
54 months
Lenders
Southampton, United Kingdom
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