Repair my motorbike and buy new brake pads

Nelson

Bungoma, Kenya

Funds disbursed

$0 to go

100% funded of $5 goal

0

days left

Entrepreneur

Name

Nelson

Member since

April 2017

On-time repayments

6 installments  •  0%

About Me

Nelson Isia is my name.I come from Bungoma.I started my learning at Kihage primary school.I was not able to proceed to secondary school as my parents didn't have school fees to educate me.The business I have started as I took a loan from Equity bank one and a half years ago and bought a motorbike.The unique thing about my land is that it is fertile and produces food well.My hobby is that I like listening to music.

My Business

I have a motorbike where I use it as taxi to transport people and goods within Bungoma town.The reason why I chose this kind of job is because it was easy to start and it has good profits. People don't like Jams in the town and they prefer riding on motorbike which is cheap and accessible.In a month I spend about $145 and in return I get almost $160.The profits I get,some I use to repair the loan and the rest provide for my needs.

Loan Proposal

I will repair my motorbike and buy new break pads. This will make me have more customers as their safety on the road will be okay.I expect my profit to increase to almost $170 and will assist me finish paying the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Apr 20, 2017

Repayment status

Late

Projected term

6 weeks

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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