Spare parts for my motorbike taxi

Said

Malindi, Kenya

100% repaid

Entrepreneur

Name

Said

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

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$353.00

Date disbursed

Sep 29, 2016

Repayment status

On Time

Projected term

49 months

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

Ask Said a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Janice    Dec 7, 2020

    He will reschedule his new payment plan today.

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  • Janice    Nov 4, 2020

    He will reschedule his loan accordingly as his business is not doing right.

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  • Said    Oct 19, 2020

    Due to corona virus pandemic.

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  • Said    Aug 19, 2020

    Due to the covid 19 situation

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  • Janice    Aug 12, 2020

    I have advised him to reschedule his loan to an amount he is comfortable weekly so that he does not left behind when his payments are due. He agreed to do so immediately.

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  • Said    Jun 22, 2020

    Due to corona virus pandemic there is loss of business.

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  • Said    May 1, 2020

    Due to the corona virus pandemic my business has gone down hence unable to pay the full installment hence wish to reduce it until the situation returns to normal.

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  • Said    Mar 25, 2020

    Due to corona pandemic

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  • Said    Mar 10, 2020

    I will use the money to pay for my school fees, this will advance my career in accounting, thank you so much and may God bless you abundantly.

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  • Said    Mar 7, 2020

    I appreciate for the loan it helped me to grow my business hopefully I will reach my goals.

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  • Said    Sep 18, 2019

    I have paid kes 1,400. Why is my account not updated? Still receiving messages that I have not paid, please anyone there to reflect this changes to my account.

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  • Said    Sep 17, 2019

    Am sorry I was busy for a while trying to sort things out but I have resumed and will be paying in time. I have paid via Mpesa a sum of ked 1,400 but it's not reflecting in my account via Mpesa number NIG6MVG68S Confirmed. Ksh1,400.00 sent to Zidisha Inc. for account 0727230235 on 16/9/19 at 10:14 PM

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  • Said    Oct 29, 2018

    So that i can finish my fees then i will return to normal payments.

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  • Emmanuel    Apr 17, 2017

    I have called Said and he told me that he had not made repayments on time because of some challenges and he was also in college but he has promised to clear the arrears buy end of this month.
    Lenders, sorry for the inconvenience caused.

    Kind regards,
    Emmanuel
    V.M

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  • Said    Jan 16, 2017

    Am experiencing some difficulties for now as i previously said that am attending classes for my accounting profession, but i promise to come back to normal.

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  • Said    Nov 4, 2016

    Am paying for my college tuition fees from the same income i earn, and i want to repay the loan on time, thus forcing me to reduce the installment amount.

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  • Said    Oct 13, 2016

    I have purchased front and rear shocks, front and rear tyres , engine block, chain sprocket , clutch set , brake set, seat coach .Once again i say thank you for your support.

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  • Said    Sep 29, 2016

    I have received the loan amounting to USD 328, with the loan, i will purchase front and rear shocks, front and rear tyres , engine block, chain sprocket , clutch set , brake set, seat coach and balance on repairs and maintenance . This will increase effectiveness and efficiency hence more customers and thus high income anticipated. Thank you for your support and co-operation. Together we can do more.

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  • Said    Sep 28, 2016

    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. Thank you for your support and co-operation.

    Log in to reply • Share
  • Said    Sep 21, 2016

    The last loan has been of successful to me as my profits increased with a margin of 10% and with this new loan am targeting to double the profit margin to 20%. For now the season is off-peak and thus time to prepare for the peak in one month time. Thanks in advance for your support and co-ordination and may God bless you all.

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