Spare parts for my motorbike taxi

Said Mondo

Malindi, Kenya

100% repaid

Entrepreneur

Name

Said Mondo

Member since

February 2015

On-time repayments

292 installments  •  55%

About Me

I was brought up in a poor background. Went to primary school and through bursaries completed my secondary level.After school i did some hand jobs to obtain money to take care of myself, help my family and some to pay for my college fees. I ventured in motorcycle transport business (boda boda) services. Am single and like playing football during my free time.

My Business

I do motorcycle transport business services (boda boda) as it is in demand due to lack of access to public transports to homes. Less capital is required to start the business which in return has favorable profits. Revenue per month can be estimated to USD 100 and costs per month USD 30. The profits are used in reinvestment in growing the business and part to cater for my college fees and some home improvements.

Loan Proposal

With the loan, i will purchase front and rear shocks USD 100, front and rear tyres USD 100, engine block USD 60, chain sprocket USD 15, clutch set USD 20, brake set USD 10, seat coach USD 20 and the balance on repairs and maintenance USD 25. This will increase effectiveness and efficiency hence more customers and thus high income anticipated.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$352.76

Date disbursed

Sep 29, 2016

Repayment status

On Time

Projected term

49 months

Cost to entrepreneur

Service fee: $14.53

Lenders

T

Tmann

Los Angeles, United States

ErikN

Stockholm, Sweden

L

Lenah

Vert Saint Denis, France

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

G

Goldrivermob

Gold River, Canada

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

mhooper1962

London, United Kingdom

A

Allie

Australia

Taylor

Memphis, United States

roark22

Geneva, Switzerland

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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