Repair my vehicle use it for my transport business

Lutta

Kisii, Kenya

38% repaid

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How it Works

Entrepreneur

Name

Lutta

Member since

May 2017

On-time repayments

9 installments • 33%

About Me

Am employed working with an international NGO in Nairobi. I work as an admin officer and am very actively involved in car hire business as a side source of income to complement my salary source of income. my experience in logistics gives me the knowledge to manage my business better and efficiently however due to inflation I need an extra boost

My Business

Monthly salary of 150,000 gross pay and would like to repair my car and continue my car hire business which I do on the side and make a profit of 20,000 monthly. this will include renewal of my insurance and minor repairs for the vehicles. I will use the profit with time to take a bigger loan and purchase another car to add on my business. I also wish to register online car hire services like uber which require a new vehicle. if I repair my vehicle and use it for a while I may sale and purchase a new vehicle to register in the online taxi service. I will expand my business from the amount given once the loan is approved and add other sources to ensure the repairs are comprehensive and insurance is comprehensive cover for the vehicle.
This is an opportunity to expand my business and information others about the loans at Zidisha to grow the network and have a larger coverage of individuals accessing the loans .

Loan Proposal

repair my car because it has issues with tierod ends and shock absorbers and my insurance has expired. this funds will enable me to top up and put back my vehicle on the road and grow my business better