Entrepreneur
Name
Brian
Member since
August 2017
On-time repayments
68 installments • 7%
About Me
My name is Brian Wafula Agunda, I am 31years old living in Nairobi Kenya. I attended my primary education in Nairobi's St Mary's school and later transferred to Laiser hill academy in kajiado where I completed my secondary education. Unfortunately I didn't attain enough points to join university so I started working for my uncle as a taxi driver in Nairobi city in order to provide for my family.
My Business
I inherited this taxi business from my uncle when he became sick and retired. Since then my profits doubled from $10 to $20 per day. My core business is to ferry persengers to their various destinations at a convenient fee. Unfortunately due to the age of my vehicle I have been spending so much of my hard earned profit in the garage repairing and replacing worn out parts of my vehicle since its now around 27 years old. My future plans are to upgrade my old vehicle to a newer model in oder to save on maintenance costs and increase on profits because I realised on a bad month I get spend around 60% of my profits fixing my vehicle. With your assistance I will be able to archive my goal of upgrading my vehicle in order to provide efficient services to my customers and in return increase my profits
Loan Proposal
with this loan i would like to do some repairs on my vehicle in order to provide better and more efficient services to my esteemed loyal customers. amongst the repairs i nted to do are fix my lights in order to do more business at night, buy new 14" tyres because at the moment my tyres have 30% thread making my car dangerous to ferry customers during the rainy season.
your help will be highly appreciated
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Loan Info
Project Type
Classic Loan
Disbursed amount
$199.00
Date disbursed
Oct 10, 2017
Repayment status
Late
Projected term
15 months
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