Entrepreneur
Name
Joseph
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.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Sep 9, 2015
Repayment status
Late
Projected term
22 months
Lenders
Southampton, United Kingdom
Redmond, United States
Morro Bay, United States
Ipswich, United Kingdom
Berlin, Germany
Bremen, Germany
New York, NY, United States
Tampin, Malaysia
Tremonton, United States
Fontvielle, Monaco, Yemen
Jake Gibson and Beverly Picardo
San Francisco, United States
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