Purchasing a motorcycle

Entrepreneur

About Me

I am the fourth born child in a family of seven children. I was born in nyando which is my home district my father worked as a clerk with smithkline & Beecham in Nairobi i thus went for my primary education in Nairobi and after sitting for my primary school i went to Onjiko high school and after high school i tried my hands in business selling house ware in Nairobi after which i moved to Kisumu and later on to Busia where i have been stationed for the last six years currently i operate a boda boda (motorcycle taxi) in Busia.

My Business

When i left Kano for Busia i was running a business that saw me provide horticultural products from Busia to kisumu as Busia town is located at the border of Kenya and Uganda and Uganda being an agricultural rich country i was able to save enough to enable me buy a motorcycle which aids me in transportation of the green products thus reducing my transportation costs and the cycle doubles up also as a boda boda thus enabling me to maintain it ( Servicing and fuel).I therefor let it out and use it only once a week when i am transporting my goods.

Loan Proposal

My last loan which i used in purchasing a helmet and paying for my insurance was realy helpful. With a view of growing my boda boda business I have since made down payment for a second motorcycle (second hand in good condition) and i still have kes 20,000 to complete payment i will therefore gratefully use the disbursed amount(loan) in completing this transaction as per the agreement with the seller.

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Loan Info

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