Purchase of riding gear for my motorcycle taxi

Entrepreneur

About Me

my name is Japheth Muema. I am a Kenyan and i come from Kitui district,a remote and semi arid rural area.I'm the firstborn in a family of six.Our parents are peasant farmers and we have always depended on government relief food in our upbringing. After completing my o levels in 2001 I came to the city of Nairobi in search of greener pastures to fed for my younger siblings.I've worked as a casual labourer since then until in 2003 when I ventured into business. my first business was a second hand shoe selling, then later I joined motorcycle taxi business which I do up to date.

My Business

I'm involved in a motorcycle taxi business here in Nairobi. Due to the increased traffic in the city many people prefer to use motorcycle taxi when in a hurry.I also deliver parcels for my clients just to save them time as these days people are very busy with work.In a good day I make approximately ksh 2000(20$).out this ksh500(5$) goes to fuel then ksh 500(5$) I use to pay for the motorcycle hiring expense.the remaining amount I use for domestic purposes,like paying for my house rent,shopp

Loan Proposal

with the money I intended to buy the following items
2helmets..cost ksh 1500(15$)each totalling to ksh 3000(30$)
1pair of rider gloves...cost ksh 1000(10$)
1leather riders jacket...cost ksh 3500(35$)
I will use part of my saving to top up the money I get from my lenders.

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Loan Info

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