Entrepreneur
Name
Peter
Member since
June 2014
On-time repayments
21 installments • 38%
About Me
what mind thinketh so be it. I believe in entrepreneurship. My desire is to help others through my business. I own two matatus plying Thika road. I am an accountant by profession but business man by blood. I live in Nairobi and I like playing and watching soccer. I also like travelling. I find myself reading business articles most of my free time. I have strong leadership and management skills that instills and drives me to take risks in business. With the current unemployment rate in our country and high cost of living I believe self employment and job creation is a role that most of us should play in the modern society.
My Business
I have invested in the matatu industry. I own two Matatus. The industry is very competitive ranging from well maintained vehicles that attract customers easily and make good returns by the end of the day to price fluctuations which has to make the conductors to be aggressive and creative in wooing customers and deciding on the route to cover by the appropriate time. Police harassment is a challenge in the kenyan matatu industry. I intend to save and grow with Zidisha to assist me expand my business in future. I intend to spend about ksh 30,000 to repair one of my matatu that is wanting. I hope this will push my monthy net of ksh 60,000 to around ksh 70,000. I believe the Zidisha family will make me boost my business. I believe in a community of businee and mostly self employment.
Loan Proposal
HI lenders, once again I have come to request for your help. Am planning to repaint one of my matatu which the colour has really faded thus making the daily incomes to go down by 30%. Here in Kenya most of the passagers prefers new matatu or very well maintained matatu, thus my matatu is unable to compete with the new matatus in the market. I have budgeted to use $175 for that and am very sure this will
increase my incomes to 100%.
kindly help me out by lending to me.
Best Regards.
Peter.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$147.00
Date disbursed
Oct 7, 2014
Repayment status
Late
Projected term
3 months
Other loans
Lenders
Vancouver, Canada
utrecht, Netherlands
Denver, United States
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