Purchase of motorcycle equipment

Julius

Lwanda Nyamasare, Kenya

100% repaid

Entrepreneur

Name

Julius

Member since

October 2017

On-time repayments

8 installments  •  50%

About Me

I'm Julius Owuor Apiyo, born in 1983 and second in a family of six children.I did my kcpe examination in 1998 in Nyamasare primary school,passed with good grade and went to Lambwe mixed secondary school where I did kcse in 2002.I later got married to my belovely wife up to date and blessed with three children,two baby girls and a boy. The first baby girl is in class seven and would like to become a teacher, the second baby boy in class five would like to become a doctor and the last baby girl is in class two would like to become a nurse.With the money I got from jua Kali works when I was tarmacking in Nairobi amounting KES 125000/=,I used it to buy a motorcycle to create job opportunity to cater and provide basic and secondary needs for the family and building a house in the village. The main activity is to transport people, goods and offer some services to the public to obtain money to earn a living. In Mbita, we do extensive farming due to heavy rainfall during rainy season, fishing and transportation services offered to the public. My main hobby is playing and watching football,attending church masses and hymns during Saturdays.

My Business

In motorcycle business, the a mount of money got is used to maintain, repair motorcycle ,provide basic needs like food, clothes, paying school fee for the children, settling bills and business expenses.During market days especially Mondays and Thursdays, this business always booms as most people come to do weekly household purchases and this increases my income by 40%.In Kenya today, the economy is depreciating because of poor political features effected by ethnicity, political greed,general election and lust of earthly materials,thus lack of job opportunities.

Loan Proposal

With the disbursement of this Zidisha loan, I will buy inner tubes at a cost of KES 800/=,side mirrors, 2 litres of oil(lubricant) at a cost of KES 425/=.With this good purchase of motorcycle equipment, it will make transportation work more easy to do, reliable to customers, reduce wearing of parts and increase income by 40%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Oct 20, 2017

Repayment status

On Time

Projected term

3 weeks

Other loans

Lenders

CN

Craig Newmark

United States

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