Repair taxi engine, gear box and body

Barnabas

Busia, Kenya

100% repaid

Entrepreneur

Name

Barnabas

Member since

January 2014

On-time repayments

289 installments  •  63%

About Me

Hi Zidisha team! May I take this opportunity to thank you for the loans I have received so far from Zidisha. They have made my life change for the better. My name is Barnabas Mubasu Wesonga. I am the second born in a family of six. I live in Airstrip estate, which is found in Busia town along Busia-Kisumu Highway. I have changed my work, so currently I work as a ward administrator for Marachi Central Ward in Busia County. I worked hard during my school days, and currently I hold a degree: a Bachelor of Arts (Communication and Media Technology) with Information Technology from Maseno University.

I operate a classic barber shop and a hardware store. I started my businesses because I wanted to make an extra coin as well as create employment opportunities for the youth that I have employed in my businesses. I live in a country where everyone is struggling to make ends meet in life. I want to make sure I invest for my grandchildren so that they don't struggle much in life. I have an interest in helping deprived, excluded and vulnerable children and youth, so I take part in sensitizing the youth to avoid drug abuse and live responsibly.

My Business

Currently, I own a classic barbershop and a hardware store. The barbershop is in high demand because everybody wants to look smart and beautiful. For the hardware store, Busia County is rapidly developing, creating a high demand for building materials. I decided to be part of the solution by providing affordable construction materials as we aim at achieving the goals set for Vision 2030. My major expenses include rent for the businesses, electricity bills, licenses and wages for my casual employees. My revenues are profit and the money paid for the services received. I use my profit to pay school fees for my brother and daughter, pay rent for the businesses, purchase more stock, and support my parents and the community.

Loan Proposal

Dear lenders! I once again present my proposal to request for another loan. I operate a taxi business, and currently, I am experiencing with my car. The engine oil is leaking, and this has caused me a lot of loss because I am forced to refill it every time. I need to repair it, and this may cost 300 US dollars. The gear box requires mounting devices to save it from failing because it is unstable. These go at USD 50. The fan failed today and needs replacement at a cost of USD 50. Painting is also needed in order to make the car attract customers. This may cost 250 US dollars. If given the loan, I will be able to pay comfortably because I will use both income from business and personal savings.

Show original English  

About Me

Hi Zidisha team! May I take this opportunity to thank you for the loans I have received so far from Zidisha. They have made my life to change to the better. My name is Barnabas Mubasu Wesonga. I am the second born in a family of six. I live in Airstrip estate which is found in Busia town along Busia-Kisumu Highway. I have changed my work, so currently I work as a ward administrator for Marachi Central Ward in Busia County. I worked hard during my school days and currently, I hold a degree of Bachelor of Arts (Communication and Media Technology) with Information Technology from Maseno University. I operate a classic berber shop and a hardware. I started my businesses because I wanted to make an extra coin as well as create employment opportunities for the youth that I have employed in my businesses. I live in a country where everyone is struggling to make ends meet in life. I want to make sure I invest for my grand children so that they don't struggle much in life. I have an interest in helping deprived, excluded and vulnerable children and youth, so I take part in sensitizing the youth to avoid drug abuse and live responsibly.

My Business

Currently, I own a classic barber shop and hardware. The barber shop is on high demand because everybody wants to look smart and beautiful. For the hardware, Busia County is rapidly developing hence creating a high demand for building materials. I decided to be part of the solution by providing affordable construction materials as we aim at achieving the goals set for Vision 2030. My major expenses include rent for the businesses, electricity bills, licenses and wages for my casual employees. My revenues are profit and the money paid for the services received. I use my profit to pay school fees for my brother and daughter, pay rent for the businesses, purchase more stock and support my parents and the community.

Loan Proposal

Dear lenders! I once again present my proposal to request for another loan. I operate a taxi business, and currently, I am experiencing with my car. The engine oil is leaking, and this has caused me a lot of loss because I am forced to refill it every time. I need to repair it, and this may cost 300 US dollars. The gear box requires mounting devices to save it from failing because it is unstable. These go at USD 50. The fan failed today and needs replacement at a cost of USD 50. Painting is also needed in order to make the car attract customers. This may cost 250 US dollars. If given the loan, I will be able to pay comfortably because I will use both income from business and personal savings.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$572.00

Date disbursed

Aug 3, 2016

Repayment status

On Time

Projected term

11 months

Lenders

A

Anonymous

United States

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