Purchase of new motor bike

Amos

Kakamega, Kenya

100% repaid

Entrepreneur

Name

Amos

Member since

March 2017

On-time repayments

166 installments  •  51%

About Me

I was born in a family of six where by I am the first Born. My parents were farmers, they brought us up with difficulties. They were unable to support us get the education we wanted. They were able to support me up to class eight after which I decided to look for some thing that could enable me earn a living. It was until met with a friend who had a motor bike. He employed me. Every evening I was to give him ksh400.

My Business

I started by working for my friend as boda boda man.I worked for him for 4years. While working for him I learnt to save until I bought a second hand motor bike. I now own my motor bike. I operate at kakamega town. I lend my services to people of kakamega. I like my job as it has made me have many friends who are my customers. Many customers appreciate my services as I serve them well. I choose this business as vehicles can't access the interior places.

Loan Proposal

I Will buy a new motor bike. Will add to the Cash I have after selling the one I have plus my savings

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$31.00

Date disbursed

Mar 31, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

The Zinc Team

San Francisco, United States

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  • Amos    Jan 15, 2018

    My business of transportation sector of my motorcycle is booming. I make a profit of ksh500 daily. Hence i would like to increase my payment up to ksh200 i will be comfortable in paying ksh200

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  • Mararo    Jan 12, 2018

    I have contacted my mentee and he claims to have no arrears. When I try to look at his payment schedule, it shows he has no arrears. But coming to his dashboard, it has arrears. It is just a problem with the system.

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  • Mararo    Dec 12, 2017

    I have contacted Mr Amos Mutenyo who claims to have paid his loan but has not reflected. Yet to be informed again.

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  • Amos    Nov 24, 2017

    I would like to reduce my installment payment of my loan from ksh1500 to ksh100 This will enable me to run my business well since I am expanding my motorcycle business. Since the profit I am getting I am saving for future investment. Hence i will be comfortable paying ksh100

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  • Amos    Nov 15, 2017

    I have received my loan of ksh59195 this will enable me buy amotorcycle and employe a person.Since now i will have invested in the business of transport sector hoping now to make a profit of ksh800 per day.Thanks my lenders for your great support.

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  • Amos    Nov 15, 2017

    Indead am greatful for your support. I have received ksh 59195.
    Am looking forward to buy a new motor bike by Friday.
    Thank you and God bless you

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  • Amos    Nov 15, 2017

    I will use the loan to buy amotorbike.This will help me to expand my business of transportation sector. I will employe a person to run the business for me while i also run my motorcycle in the transport sector. Thanks my lenders for your great support.

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  • Amos    Nov 11, 2017

    In my project, the young man in my profile is the one I want to uplift by employing him once I buy anew motor bike.

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  • Amos    Nov 1, 2017

    I here by

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  • Amos    Nov 1, 2017

    In December iam planning to take my family at Masai Mara national park. This will enable my family to see various wild animals practically.

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  • Amos    Nov 1, 2017

    The loan which i was granted i used it to invest in my boda boda Sacco. The loan has made adifferance in my life since at my Sacco we have merry go round at least every week each member contribute ksh1000 hence the money amounts to ksh40000 since i got the money i used ksh5000 to sponsor school of orphans at Kitale town milimani.I used ksh3000 to take my family for a tour at Kitale museum. They were very happy to see amazing things of the nature.

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  • Amos    Nov 1, 2017

    I really enjoy this job of mine of motobike business as it has made me make friendship with so many people.
    I only get challenges during rainy season as it is so cold but in the other side, it's the time I make high profit as the transport cost doubles and most customers who normally walk to their residents opt to use motorcycle to their places.

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  • Amos    Nov 1, 2017

    My motorcycle business iam enjoying very well despite rain season iam able to make profit of ksh500 daily the profit i get i have invested in buying maize.currently i have bought twenty bags of maize this will later sale in January it will fetch at least ksh60000.That money later will use to hire farms for maize farming.

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  • Amos    Nov 1, 2017

    Am humbled to extend my sincere gratitude to the zidisha fratanity for their support.
    My last loan enabled me pay registration fees to the Sacco and paid some contribution to the Sacco. Merry go round.
    This has helped me greatly as it has thought me to save. It is through the contribution that I make to the Sacco that has enabled me settle my zidisha loan.
    This week was my turn to receive from the members of the Sacco. We are forty members where by we contribute ksh1000 per week. This totals to ksh 40000, this is then given to one member and is advised to invest in something that generates income.
    Now after having paid ksh25000 to my zidisha loan, I remain with ksh 15000.
    I therefore apply for another loan of which I shall top with the cash am remaining with to purchase another motorbike which I look forward to employ one youth in my village.
    Thanks and wish to hear from you soon.

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  • Amos    Nov 1, 2017

    I could like to increase my instalment as I have received some amount from the Sacco. In our Sacco we have a merry go round, where by this is my turn to receive.

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  • Amos    Sep 20, 2017

    At my farm I have planted beans which after three months i will havest.This will enable me sell the beans at the market and get good profit.

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  • Amos    Sep 20, 2017

    My business of transport sector I am doing well. Right now I have bought a big bull which i have invested ksh50000 my savings.

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  • Amos    Sep 15, 2017

    I am doing well with motor bike business. I have used my profit to boost my shares of boda boda Sacco also I have invested in poultry farming.

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  • Amos    Aug 7, 2017

    I will be able to pay 100KES sinse at the moment I am transporting few customers hence making less profit.

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  • Amos    Aug 4, 2017

    My motorcycle business is doing well I have invested in shares of boda boda Sacco. Other savings of profit also invested in poultry and will give me good profit as they mature. My lenders you are excellent

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