New tyre for my business vehicle

Joshua

Nanyuki, Kenya

100% repaid

Entrepreneur

Name

Joshua

Member since

January 2018

On-time repayments

28 installments  •  100%

About Me

Am Joshua Wachira Ndirangu born in kagogi village in Nyeri county in 1959. we had no land and were brought up by our mother who was abandoned by our Dad for many years. l was educated by my brother in law. Today am a graduate teacher in a secondary school in Nyeri county

My Business

l operate a transport business a passenger service with a small vehicle and a Matatu that operate from Nairobi to Nanyuki and to other towns. The biggest challenge in this business is the cost of fuel the that has been going up every month. The insurance cover has also been very expensive.

Loan Proposal

I will purchase a new tyre for my vehicle as one of the tyres is worn out. this will enable me to save at least sh250 from repair of punctures.the tyre costs sh6000 I will top up the difference from my savings. I will be able to increase the profit by sh 500 per week.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Feb 1, 2018

Repayment status

On Time

Projected term

5 months

Lenders

Paul Buchheit

Mountain View, United States

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