Name
Eric
Member since
January 2016
On-time repayments
88 installments • 33%
I am the last born child in a family of six, five boys and one girl. i was born in shitaho village shirere sub location in 1983 and started my nursery and primary education in 1988 at shitaho primary school where i did my standard eight exams kenya certificate of primary education in 2002. i latter trained as driver and started small scale farming at our home in 2004 i started my business as a bicycle operator in kakamega town i left for the city in Nairobi and after working their for 4 years i went back to kakamega and in 2010 i started my moto cycle business as an operator. i have since grown from being an employee to purchasing my own motor bike, i have developed a big network of clients and the business has really grown. i am married and blessed with four children.
My business starts in the morning where i take children to school and latter transport other business and office workers to their places of work. My services are charged at ksh.50 ($0.5) to and from town, i make an average of ksh. 700 ($7) per day and spend about Ksh.200 ($2) per day on fuel this gives me an average net of Ksh.500 ($5) per day. with the profit i am able to meet all my basic necessities and pay my other bills.
i would like to request zidisha to facilitate me with a loan to purchase new motor bike tires to enable me do my business with ease and efficiency. one quality tire costs Ksh.4300($43) and i will purchase a pair costing ksh.8600($86) i know with good conditioned tires i will be able to access all prts of kakamega irregardless of the weather hence make more money and repay the loan on time.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Jan 27, 2016
Repayment status
On Time
Projected term
9 months
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