Entrepreneur
Name
Job
Member since
June 2015
On-time repayments
45 installments • 9%
About Me
My name is Job Nyabuti, i was born in Nyamira county, i went to Nyamira gold primary school and later Kanga high shool in Migori county, after my high school i went to Mosoriot teachers training college in Uasin Gshu county where i qualified to be a teacher, i later joined moi university for a diploma in education, i taught for two years and was promoted to be the head master i n a local school in Kisii county where i moved to.I saw hardship in that i could not continue paying for my education from my salary since am taking care of a large extended family, all through i think life is smiling at me,i later sold a piece of land at my ancestral home to start a car taxi business since i bought a car from the proceeds.Kisii land is full of bananas and the land is very fertile,i want my children to grow up and became teachers like me. I love giving motivational talks in my spare time.
My Business
I ran a car taxi business , people hire my car to take them to different places. This taxi business is very important as mine works for 24hrs providing a mode of transport when other modes are not readily available .I choose this business since there is good money in it, my day time driver brings in ksh 3000 and the night driver brings in ksh 2000 , in total i make ksh 5000 in 24 hrs i pay my drivers ksh 500 each and the cost of fuel is roughly ksh 2500 per this 24hrs , hence i make ksh 1500 everyday translating into ksh45000every month , i use my profits to carter for my family and pay for their education , i also invest some in a grocery shop i recently started.
Loan Proposal
I will use the money to buy 2 new tires for my car taxi since two of them are bald, and are very much needed,a new tire costs ksh5000($50) and two of them will cost me $100, after buying this tires i expect my profits to increase by 5% since the car will be in a very good condition for work, this will enable my drivers work with satisfaction.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 9, 2015
Repayment status
Late
Projected term
10 months
Lenders
United States
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