Entrepreneur
Name
Peter
Member since
November 2015
On-time repayments
203 installments • 50%
About Me
My name is peter mwangi wanjiku, am the 5th born in our family. I was born and brought up in the village setup. Later when i grew up i relocated to NAIVASHA Town where i have now lived for the last 15 years.In my childhood stage we experienced a lot of challenges when we were growing up, that never kept us going because though i never made it to have a good background of education, i have been able to achieve various goals in life.1 i was able to buy myself a motorbike that i do business with for the last 7 years.It is not my best job because it has so many challenges like illnesses and sometimes you are forced to work even at late night which is very risky because of insecurity. However with all the challenges i have been able to achieve a few goal. I managed to marry and now i have a young family that i have been taking care of
My Business
I i operate a boda boda(mortobike business) business which i use as a tax to earn a living. it is not a very good business but i thank God for having made me purchase mortobike that helps me in the daily upkeep of me and my family.This business has a lot of customers because Naivasha is big town so has many people who use them for transport services transport..This business makes earn between ksh 1000 to 1500 per day.Whatever i earn i use it for the upkeep of myself as well as my family
Loan Proposal
I i will use the cash to purchase the tires for my motorbike. for now the little cash i will get i will manage to get one tire at ksh 8000 which is equivalent to 78 dollars. Tkis will make me do my business well even to the interior places, like now when i get customers from outside the town i do not carry them because the tire that am using currently cannot withstand the rural roads. M y profit will now increase from 10 percent to 15 percent which to me will be a big move
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Dec 1, 2015
Repayment status
On Time
Projected term
4 months
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