Benson
Mtwapa, Kenya
100% repaid
Name
Benson
Member since
March 2013
On-time repayments
22 installments • 36%
My name is Benson Kyalo, a resident if mtwapa and a businessman in mtwapa as well.I am a family man,married and blessed with 3 children.I live in mtwapa and am a businessman.I hold an O level certificate and also certificate in business management.i started business because mtwapa being a 24hrs zone i found it neccessary to do businnees rather than being employed. With the income i get from this business i use to buy food for my family, pay rent, pay school fees and other family needs. My main objective is make sure that this business expands to an extent that i employ other youth who are jobless. In this i will be helping others at the same time building a good future to my family.
my business is a motor cycle one commonly known as bodaboda that involves fetching people from one point to the other,mtwapa being a growing city thats allows businees to run for 24hrs, its population is high people move from place to place regularly.most peolple prefer my bodaboda because am efficient,responsible and carry my duties well.i also ride my bike well compared to most that are very rough.risks involved are that if u drive roughly the bike is damaged in a short time,bike may get stolen so you have to very carefully.you can make 1500 sh per day is the average which sums up to 45000 per month.maitanace and fuel costs 400 per day which comes to 12000 thus 33000 is the profit if no changes or any serious damages occur.
I have been so happy since i was introduced to zidisha by my friend Andrew Kambi because my business has been doing well dispite the difficulties i face i have been able to move on thank you so much. with this second loan i would like to buy spare parts and repare my motor cycle so as to make my work better. thank you once again.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 26, 2014
Repayment status
On Time
Projected term
3 months
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