Loan to purchase a second-hand motorbike

Entrepreneur

About Me

Am stephen egesa aged 29 years old, i went to school up to secondary level. while at school i participated in co curriculum activities such as athletics and physical education.when i was young i used to enjoy riding bycle,playing in the rain water, playing hide and seek games etc. when i came to the city of nairobi, i was living with my cousin where i depended on him in nearly everything.After a short time i made a decision to be independent and that is how i started my own business.

My Business

my business is to provide services to customers,i carry people and goods from one place to another a business known as "bodaboda". In a place i stay there are no public vehicles to carry passengers to the main stage which is along Thika-Nairobi super highway , therefore i take that advantage to do business. This business is flexible and reliable because i can do it at any time and also i can not miss customers who needs to travel. I use the the money to educate a child and invest.

Loan Proposal

Ihave been in the motorbike business for about five years and therefore i have gained more experience as far as it is concerned and therefore because of this i will use the money to purchase another motorbike and employ a person who will be bringing ksh300 every day wich totals to ksh 9000 per month.This will help me make more money than before and therefore expanding my business. In Kenya a good second hand motorbike costs between ksh 50 000 to ksh 60 000 and therefore when i get this money ksh 27 647, i will top up the remaining amount by selling my maize stock at home and buy it. Thanks in advance.

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