Purchase of a motorcycle

Obare

Nyabosogo Village, Kenya

100% repaid

Entrepreneur

Name

Obare

Member since

October 2017

On-time repayments

22 installments  •  45%

About Me

My name is Amos Obare and i come from a rural area in Kenya where many of us are unemployed. In this area we tend to struggle so as to meet our daily needs through different ways such as farming. With me, my way of meeting my daily needs is through riding my bodaboda and it helps me a great deal, I am 23 years old and ambitious towards achieving my goals and improving my lifestyle.

My Business

I am into transportation whereby i operate as a motorcycle rider and this helps me get my daily needs.I ventured into this because its the most preffered means of transport in our rural area.

Loan Proposal

my plan is to buy a motorcycle that costs 85000kes , but as for my current loan, i plan to repair my current moyorcycle so that it can be effective. I plan to buy new tyres for my motorcycle whereby the rear tyre goes at 2500kes and also the front tyre goes at 1500kes, by doing this, it would be easy for me to navigate through all weather roads in our region and this is a measure that will make me get profit because i will not be having any difficulty in transporting my customers

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Mar 21, 2018

Repayment status

On Time

Projected term

1 week

Lenders

RM

Roddy Murray

United Kingdom

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