Mwangi Kabao

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Mwangi Kabao

Member since

March 2013

On-time repayments

37 installments  •  22%

About Me

Am a young man simple and easy, I reside in bantforest In eldoret county .I am married with tw3o boys and ne girl .I was educated in eldoret although my pare3ns don’t live thereafter completion of my secondary education I was unable to continue with my studied due to lack of enough money I join driving school where I was taught all skills of driving all types of vehicle under the assistance of my friend who was the manager in that particular driving school. My skill I what I dwell on till to date.

My Business

My business comprises of a taxi driver.the service that my business provide s to ferry individual from one destination to the other and then they pay according to the distance traveled.at times am hired or almost one week or two either by big hotels or restaurant .the demand for this service is very high especially during the night shift/ time .the reasons to why my client chose me is all about the service offered and how i handle them.some are regular client that is a must i pick them from their place of work to home.the business is very profitable as it has enabled me to do very many many things in my life including feeding my family.the very risk that my business face is being robbed by people who normally pretend to be client but after a distance drive they turn to you and rob you all you had.but i still do it because its my work regardless of the risk faced.

Loan Proposal

Thanks zidisha and all its staff for giving me the opportunity to access the third loan the first loan enable me to carry my business activity well and i did appreciate it i will now use the third loan on other parts in my cab give it the necessary service it require for business continuity and success.thank you very much to all my lenders and zidisha organization for being there for me

Feedback

13

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Loan Info

Project Type

Classic Loan

Disbursed amount

$174.75

Date disbursed

Sep 5, 2013

Repayment status

On Time

Projected term

23 months

Cost to entrepreneur

Lender interest: $174.75 at 2.56% annual rate over 23 months = $8.69

Service fee: $12.26

Lenders

johnfay

Lusaka, Zambia, South Africa

EricDWalters

Rochester, Mn, Usa, United States

carterunited

Manchester, United States

Pierfausto

Rome, Italy

M

missjoyy

Munich, Germany

kickerofelves

Sao Paulo, Brazil

J

JayZKay

New York, United States

joaoferraz

RINCHOA, Portugal

scgtb

Sarasota, United States

paulclinton

malaga, Spain

Hedwich

Gorssel, Netherlands

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