New motorbike taxi & bricks to build a home

Vincent

Kisii Town, Bomwada, Kenya

13% repaid

Entrepreneur

Name

Vincent

Member since

August 2012

On-time repayments

162 installments  •  44%

About Me

My names are Vincent Momanyi Kenanda, I was born in Kisii County, Kisii South District, Suneka Division, Bogiakumu Location, Bomwanda Sub-location, Kenyambi Village,I was born on 26/1983, and I joined primary school that I completed in 1999 and got my Primary certificate. In the year 2000 I joined Gusii Highlights Secondary School and completed in the year 2003. Year 2004 I joined my College where I did Information Technology and got my Certificate in 2005. In 2009 I started my business as Internet Cyber cafe and 2010 collapsed when I got road accident that broke both my legs and stayed long months in Hospital and the business was sold.

I am a married man with my beloved wife Abigael, we have 4 kids three grils and a last born boy. The three os my kids are in school at St. Benedict Academy Kisii Town, Next to The Stephens Hotel.

My Business

I am currently having 2 TVS motorbikes for mainly for business as mode of transport within the Kisii County Municipality, this type of business has a high demand because the motorbike are very convenient compared to mini buses and taxis and also cheap within short routes compared the prices to a taxi. My customers prefer my business because my riders are experienced and have Licence, they are also maintaining hygiene in terms of cleanness, both themselves and the motorbike, The motorbikes are also installed with a radio system that most customers like to be entertained while on ride.

This business is profitable because of daily fixed amount I make from each Motorbike out of this money I spend 800 for the service every after 2 weeks. The risks which are their is that if you do not follow up and inspect the riders during the service day, they will not take the motorbike instead they will consume the money and inform you that the service is done and therefore through this way the Motorbike will be at risk to spoil the Engine due to lack of old oil replacement and other crucial parts.

I want to add more 2 Motorbikes once I get a loan as gradually my limit loan will be increasing as I will committe myself to repay in time, in this way am also creating job opportunities for young and Ambitious men who are above 18 years old without a job.

Loan Proposal

Dearest Lenders,
I am very much thankful for all your support to my previous loan and now it has reached a time that am requesting you all again to support me raise another loan which have posted the bid online and my proposal is as follows:-

Transportation

*Honda Motorcycle 1 Pc @ KES 98,000 - USD $1,105.56
*Comprehensive Insurance 1 year @ KES 10,000 - USD $112.812
Total = KES 108,000 - $1,218.37

Construction of a New House
*Bricks 1 pc @ KES 10x4000pcs = 40,000 -USD $451.248
*Loading & offloading of bricks 8,000 - USD $90.2496
*Transport @ KES 14,000 - USD $157.937
*Total = KES 62,000 - USD $699.434

TOTAL PROPOSED BUDGET = KES 170,000 - USD $1,917.80

Once again am very much thankful for your heartfelt support and through this support it has builded my life and family a step a head.

Thank you all.

Regards
Vincent VM Kenya

Feedback

6

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,850.00

Date disbursed

Dec 15, 2014

Repayment status

Late

Projected term

29 months

Lenders

M

marycb

United States

investor

Candiac, Canada

Kitty

Hailsham, United Kingdom

Kylie

Mount Martha, Australia

S

shaynic

Glastonbury, CT, United Kingdom

COOPITALIST

Toronto, Canada

Lawrence J

Winnipeg, Canada

evinpa

United States

E

elkbrett

Bradenton, United States

Kysera

Crawfordsville, United States

J

jjonas

berlin, Germany

S

SeanWolfPack

Raleigh, United States

G

graememoss

Amsterdam, Netherlands

Landei

Sandersdorf-Brehna, Germany

Myrar

Aarau, Switzerland

A

Aleks

Oslo, Norway

H

HildeK

Rogaland, Norway

1

1dancer

Irvine, CA, United States

ads68

Melbourne, Australia

T

tkromm

Agia Paraskevi, Greece

E

eboleaga

Mexico City, Mexico

basicus

Cairo, Egypt

fairspirit

Utrecht, Netherlands

camilberlin

Berlin, Germany

Delphis2k

Birmingham, United Kingdom

Hedwich

Gorssel, Netherlands

D

diza2722

NSW, Australia

jan73

Eugene, United States

D

Dealbert

Stockholm, Sweden

E

Evanstia

Lakewood, United States

Kristrun Tinna

Reykjavik, Iceland

Sirko

Brandenburg An Der Havel, Germany

J

jinx83

Brisbane, Australia

C

curtains4u

North Kansas City, United States

pvilliger

Zurich, Switzerland

M

Malibu

Westwood, United States

S

spivurno

United States

M

meric

Australia

C

Chad

United States

B

Badaudio

United Kingdom

J

jbhernan

United States

Agerfar

Aarhus, Denmark

Vesa

Helsinki, Finland

Leonardia

Waddinxveen, Netherlands

J

jocor

Germany

tricia190

Liverpool, United Kingdom

J

jayne62

Australia

S

stryker75

United States

L

Lagrange

United States

SV

sven vdk

Twickenham, United Kingdom

P

Pharmakon33

United States

adrianz

United States

D

dmorley

United States

J

johnrmeier

United States

SE

Sven E

Mannheim, Germany

John Altimate

Staffordshire, United Kingdom

T

Tom

Germany

SK

Scott Kregel

United States

J

Jane

United States

HS

Hayley Summers

United Kingdom

Bernd Knabe

Dortmund, Germany

CG

Cathy Gill

Baltimore, Maryland, United States

Zain Haq

Chicago, United States

Ask Vincent a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Vincent    Aug 20, 2021

    I am currently having a sick parent from cancerous and it has been difficulty for me to making payments but I will

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  • Vincent    Aug 29, 2016

    Dear lenders and the management of Zidisha, am so sorry for the delay to repay my due loans in time this is because have been unwell, but I promise you today that I will be making payments this week. Kindly accept my apology for the delay.

    Hope you are all doing well.

    Regards

    Vincent

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  • Vincent    Jul 25, 2016

    Hello to all my lenders am sorry to be late in my loan repayments but as well have managed to make repayments and cleared all my repayment arrears. Thank you for your patience and hope to be in time.

    Regards

    Vincent

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  • Vincent    Jun 25, 2016

    Dear lenders
    Kindly am sorry I will not be able to repay my arrears this week thus I will be able to make payments next week from salary payment this due to that I had to make payments for school fees of my children this week.

    Kindly I apologize for the delay.

    Regards

    Vincent

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  • Vincent    May 1, 2016

    Dear all lenders and the management, I am sorry to inform you that I am financially down at the moment and I cannot manage to make my loan repayments but I feel so sorry to my lenders for letting you down.

    Kindly I request you to accept my request . This is due to my son is sick and the schools are reopening tomorrow so things are at a stand still as i will not manage to pay their fees at the moment.

    Regards

    Vincent

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  • Vincent    Mar 11, 2016

    Dear Sir/madam,
    Kindly I will not be able to repay my loan on time again this time. My daughter fell off from second floor stairs at school and she almost broke her spinal cord but I thank God she is recovering up from her injuries and this made me to spend much of the money for her health to date and I now kindly request you all concern that I will delay a bit till towards or end of this month to resume gradually in repaying again.

    Thank you very much for your understanding.

    Regards

    Vincent.

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  • Vincent    Feb 8, 2016

    Dear lenders I am very much happy for your support and I appreciate so much but also I feel so sorry for the time have taken to repay the loan and this because of the things I have encountered all through the last year and hope this year I am going to be relived to repay my loan comfortably. Kindly I request all my lenders to be patient and it is my promise that i will not let you down. Thank your always patience.
    I am planning to have taxi care once I clear my outstanding loan and this will be through your support ad trust.

    Regards

    Vincent

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  • Vincent    Feb 8, 2016

    Dear lenders I am very much happy for your support and I appreciate so much but also I feel so sorry for the time have taken to repay the loan and this because of the things I have encountered all through the last year and hope this year I am going to be relived to repay my loan comfortably. Kindly I request all my lenders to be patient and it is my promise that i will not let you down. Thank your always patience.
    I am planning to have taxi care once I clear my outstanding loan and this will be through your support ad trust.

    Regards

    Vincent

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  • Vincent    Jan 9, 2016

    Thanks to all my lenders who have been always supporting me this far although my business dropped drastically and got stuck in away that I could not repay my schedule loan repayments well and I would like to apologize and hope this year I will be able to resume well as i can see am hoping to make a new improvement move

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    • camilberlin    Jan 9, 2016

      Thanks for letting us know about the business problems. Hope that good times follow the bad ones. Good health to you and your family!

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  • Vincent    Dec 23, 2015

    Dear lenders and the management, thank you very much for your continued support. I am very much sorry that I could not be able to make my payment at this time and promise to resume in January 2016

    Thank you and am sorry for the delay.

    Regards

    Vincent

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  • Vincent    Oct 11, 2015

    Hi to all lenders, I will continue to send you my thanks even although I am unable to thank you enough due to your support in funding my loan which am still servicing, it has indeed helped me and my family a lot of which I will keep thanking you and I will not miss to update you on the progress.

    Regards
    Vincent VM Kenya

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  • Vincent    Oct 2, 2015

    It my pleasure to thank you all my lenders and the management of zidisha community for the opportunity to borrow and indeed I have moved a step so far a head since i joined this community and hope to expand my business further through the Zidisha lending support.

    Regards
    Vincent VM Kenya

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  • Vincent    Sep 22, 2015

    I am very much thankful to all my lenders and the management for the support you have given me this far, I managed to get a new motorbike last week after my previous bike broke down beyond repair but am happy I have managed to replace a new one and hope soon as it starts earning I will be able to reschedule my repayment period and weekly repayments and thank you all lenders for your patience.

    Regards
    Vincent VM Kenya

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  • Vincent    Sep 12, 2015

    I am very much thankful for all my lenders who has supported me this far, I am planning to get a new motorbike after struggle in the couple of months ago whereby my other bikes break down and even my construction went on a stand still, but gradually am overcoming the obstacle and promise my lenders to clear my loan repayments soon and after that I would like to apply a new loan to get a Car for taxi and hire.

    Thank you all.

    Vincent VM Kenya

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  • Vincent    Aug 18, 2015

    I would like to thank all my lenders for the continued support in funding my loan of which have managed to grow my business capital wise, although things went down a couple of months ago that made reduce my loan repayments but am hoping to increase soon as things are changing up well.

    Secondly, I am working hard to reach borrowers in arrears and I am trying to update all lenders funded the loans as well.

    Thank you all

    Regards
    Vincent VM Kenya

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  • andyfletcher    Aug 11, 2015

    Hello Vincent,
    Thank you for your efforts in contacting Abnery Nyanamba. I hope we will hear from him soon.

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    • Vincent    Aug 18, 2015

      Thank you Andyletcher, I hope the same but I will keep following him anytime soon if he does not respond soonest possible. Thank you and hope all the best of luck.

      Vincent VM Kenya

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  • Vincent    Aug 7, 2015

    Dear lenders am really sorry that I could not be able to make loan repayments this week and I will be able to repay next week and probably double the amount. Thank you very much for your patience.

    Regards
    Vincent VM Kenya

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  • Vincent    Jul 31, 2015

    I am very much thankful for all Zidisha lenders for the opportunity of lending that they have extended to me. I am happy for the investment that I have managed so far through the support. I am currently arranging to have a car sin my next loan to be used as car hire business in the Kisii County and I can see the potentially of making good profit.
    Thank you.
    Regards
    Vincent VM Kenya

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  • Franmiguel    Jul 26, 2015

    Hi Vincent,
    Again you have contacted Florence Mwenya and posted on her discussion page.
    Thanks for providing an update to the lenders, and thanks for your work as a VM at Zidisha.
    Regards
    Michael

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    • Vincent    Aug 18, 2015

      Hi Franmiguel,
      Thank you very much for the concern and appreciation, I am for sure trying what I can and it my pleasure too. I have also learned much more ways of approaching and talking to people as well.
      Thanks again Franmiguel.
      Regards
      Vincent VM Kenya

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  • Vincent    Jul 21, 2015

    Dear lenders and the Zidisha staff management team, I would like kindly send my apologies that I would not be able to submit my loan repayments, this due because I have my tow sons sick in hospital. Kindly I request to resume normally as from end of this month and hope their health will be improved by then.

    Thank you all for your patience.

    Sincerely

    Vincent VM Kenya

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