Purchasing a motorcycle

Bernard

Busia, Kenya

100% repaid

Entrepreneur

Name

Bernard

Member since

February 2015

On-time repayments

92 installments  •  67%

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.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

May 29, 2015

Repayment status

On Time

Projected term

6 months

Lenders

PG

Paul Graham

United States

Ask Bernard a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$211.62

Amount remaining

$0.00

Date repaid

Nov 23, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 7, 2015 $10.07 Jun 12, 2015 $10.07
Jun 14, 2015 $0.03 Jun 12, 2015 $0.03
Jun 21, 2015 $8.21 Jun 14, 2015 $8.21
Jun 28, 2015 $8.21 Jun 14, 2015 $1.84
Jun 21, 2015 $6.37
Jul 5, 2015 $8.21 Jun 21, 2015 $2.05
Jun 28, 2015 $6.16
Jul 12, 2015 $8.21 Jun 28, 2015 $2.26
Jul 6, 2015 $5.95
Jul 19, 2015 $8.21 Jul 6, 2015 $2.47
Jul 12, 2015 $5.74
Jul 26, 2015 $8.21 Jul 12, 2015 $3.74
Jul 19, 2015 $4.47
Aug 2, 2015 $8.21 Jul 19, 2015 $6.05
Jul 26, 2015 $2.16
Aug 9, 2015 $8.21 Jul 26, 2015 $6.26
Aug 2, 2015 $1.95
Aug 16, 2015 $8.21 Aug 2, 2015 $6.47
Aug 9, 2015 $1.74
Aug 23, 2015 $8.21 Aug 9, 2015 $6.68
Aug 16, 2015 $1.53
Aug 30, 2015 $8.21 Aug 16, 2015 $6.89
Aug 24, 2015 $1.32
Sep 6, 2015 $8.21 Aug 24, 2015 $7.11
Aug 30, 2015 $1.11
Sep 13, 2015 $8.21 Aug 30, 2015 $7.32
Sep 6, 2015 $0.89
Sep 20, 2015 $8.21 Sep 6, 2015 $7.53
Sep 13, 2015 $0.68
Sep 27, 2015 $8.21 Sep 13, 2015 $7.74
Sep 20, 2015 $0.47
Oct 4, 2015 $8.21 Sep 20, 2015 $7.58
Sep 27, 2015 $0.63
Oct 11, 2015 $8.21 Sep 27, 2015 $7.79
Oct 4, 2015 $0.42
Oct 18, 2015 $8.21 Oct 4, 2015 $6.95
Oct 11, 2015 $1.26
Oct 25, 2015 $8.21 Oct 11, 2015 $6.42
Oct 18, 2015 $1.79
Nov 1, 2015 $8.21 Oct 18, 2015 $6.42
Oct 25, 2015 $1.79
Nov 8, 2015 $8.21 Oct 25, 2015 $6.32
Nov 1, 2015 $1.89
Nov 15, 2015 $8.21 Nov 1, 2015 $6.32
Nov 9, 2015 $1.89
Nov 22, 2015 $8.21 Nov 9, 2015 $6.11
Nov 15, 2015 $2.11
Nov 29, 2015 $12.67 Nov 15, 2015 $6.32
Nov 23, 2015 $6.32
Nov 23, 2015 $0.04

Loading...