New tyre for my motorbike

Joseph Maina

Kayole, Kenya

36% repaid

Entrepreneur

Name

Joseph Maina

Member since

August 2015

On-time repayments

96 installments  •  14%

About Me

I was born in Naivasha District which is located in Nakuru county in the republic of Kenya. Naivasha is widely known for the production of flowers and also a tourist hub in Kenya due to the many national game parks and lake Naivasha grew from there since childhood up to date. In the place, education is much valued theoretical more practical, after dropping of school in form three Kenyan high school education due lack of school fees i did my best and found a work in the flower farm where i raised capital to buy a motorbike and started transport business. there are challenges in the business like insecurity and the ever inflation of oil prices, to overcome the challenges we normally have move in groups when it gets down. I am current married with one whose dream is to be a pilot in future hence giving me a big challenge to work extra harder. My hobby is traveling and making new friends.

My Business

My business entails transportation of people. our means of transportation are of high demand because motorbike can get to remote and rural places. I chose this kink of business because i had the passion of riding a motorbike, it has high income and low operation cost. It costs me to fuel $5 to fuel which accrues to $15 hence a profit of $10. i normally use the profit to pay rent ,school fees domestic use and saving to buy another motorbike.

Loan Proposal

I will be buying new tyres for my motorbike.Four pieces each costing $30. totaling to $120.The remaining amount i will use to service my motorbike.This will give me service to comfortably transport my customer safely in muddy and rough roads.I will also be able to pay my house rent,my child school fees and also help me buy food.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$149.28

Date disbursed

Sep 9, 2015

Repayment status

Late

Projected term

22 months

Cost to entrepreneur

Service fee: $6.20

Joseph opted to pay $58.13 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

T

Tmann

Los Angeles, United States

A

Anninymouse

Southampton, United Kingdom

S

slevon

Hemsbach, Germany

D

Delph007

Den Haag, Netherlands

A

arenk

Karlsruhe, Germany

S

sendai

Saint Paul, United States

carlos vendrell

Barcelona, Spain, Philippines

K

Krokslatt

Mölndal, Sweden

cyrus0302

San Francisco, United States

Charmonica

London, United Kingdom

J

JBosshardt

Redmond, United States

M

m_dennis

Toronto, Canada

artnking

College Place, United States

Raoul72

Naarden, Netherlands

E

evanglend

Arlington, United States

rodcul

Altea, Spain

P

PeaceandLove

Morro Bay, United States

J

Joyful

Philadelphia, United States

B

blahblah

Nuernberg, Germany

S

Stijn

Hasselt, Belgium

J

jdhowa2

Louisville, KY, United States

beverly

Vancouver, Canada

CharlieBfl

Vaduz, Liechtenstein

J

jjonas

berlin, Germany

EmilAsker

Lomma, Sweden

B

Bavarian

Bavaria, Germany

B

bhalter

Eau Claire, United States

S

Snake707

Somewhere, Germany

indeh

London, United Kingdom

J

Jaslogic

Castle Rock, United States

R

RamonF

Zurich, Switzerland

rasmus

Bern, Switzerland

Shasta

Erie, United States

A

AWhitefield

Ipswich, United Kingdom

T

toscoman

Adliswil, Switzerland

Erica

Caledon, Canada

B

bopsquod

Seattle, Wa, United States

W

wordelsue

MIDWEST, United States

Cloudways

Malta, Malta

P

planespotter

Berlin, Germany

B

bugsheep

Houston, United States

lorello

Vicopisano, Italy

vinnio

Burlingame California, United States

B

BClay

Campbell, United States

M

marcelitohb

Bremen, Germany

ads68

Melbourne, Australia

I

imnot

Stafford, United Kingdom

Christopher

Copenhagen, Denmark

skullyjo

Winnipeg, Canada

Y

Yevrahs

Dallas, Texas, United States

doflynn

Dublin, Ireland

I

IanPate

Victoria, Canada

Maxey

Amstelveen, Netherlands

JC

Jordi Cohen

New York, NY, United States

A

Anette

Uppsala, Sweden

Z

zhihanchew1234

Tampin, Malaysia

K

KnutG

Bergen, Norway

B

BassFamily

Tremonton, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Akirahugo

Dortmund, Germany

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

Loading...

Loading...

Loading...