Mwangi Kabao

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Mwangi Kabao

Member since

March 2013

On-time repayments

37 installments  •  22%

About Me

Am a young man simple and easy, I reside in bantforest In eldoret county .I am married with tw3o boys and ne girl .I was educated in eldoret although my pare3ns don’t live thereafter completion of my secondary education I was unable to continue with my studied due to lack of enough money I join driving school where I was taught all skills of driving all types of vehicle under the assistance of my friend who was the manager in that particular driving school. My skill I what I dwell on till to date.

My Business

My business comprises of a taxi driver.the service that my business provide s to ferry individual from one destination to the other and then they pay according to the distance traveled.at times am hired or almost one week or two either by big hotels or restaurant .the demand for this service is very high especially during the night shift/ time .the reasons to why my client chose me is all about the service offered and how i handle them.some are regular client that is a must i pick them from their place of work to home.the business is very profitable as it has enabled me to do very many many things in my life including feeding my family.the very risk that my business face is being robbed by people who normally pretend to be client but after a distance drive they turn to you and rob you all you had.but i still do it because its my work regardless of the risk faced.

Loan Proposal

of all the things i would like to thank zidisha organization for offering me this opportunity to get a loan .i will use this money to repair my cab that need service.i will also set aside the sample amount for buying safety-belt and fix to one of my cab which was vandalize.beside that i will also save some money for security reasons in case of any breakdown. once again am grand to be associated with positive people who always care for ones life

Feedback

13

None

4



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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.11

Date disbursed

Apr 24, 2013

Repayment status

On Time

Projected term

12 months

Cost to entrepreneur

Lender interest: $100.11 at 4.86% annual rate over 12 months = $4.96

Service fee: $3.56

Lenders

E

Enrique

Plano, United States

F

Fiodal

Helsinki, Finland

Raoul72

Naarden, Netherlands

S

sersub

San Diego, United States

Sundstroms

Falun, Sweden

Quentin

Toronto, Canada

Maartje

Hinteregg, Switzerland

Ingela

Falun, Sweden

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