To be a motorbike rider

Nelson

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Nelson

Member since

May 2019

On-time repayments

5 installments  •  60%

About Me

1 Am Nelson okerio kerandi from Nyamira county currently am working in Kiambu county.
2 I have been a motorcycle rider for six years and above
3 I worked a employee for one year
4 After one year I get a little loan which I tried to use for getting my own motorcycle
5 I started driving my own motorcycle since 2014
6 I payed my first loan very well and I get that I have qualified for higher limit which I started with for the business of a motorcycle garage.
7 I opened my garage in the year twenty sixteen where by I started with few spares
8 Sometimes I go to the road for transportation.
9 in the year twenty seventeen I get another loan which I used to had more stock of spare parts
10 by the end of twenty seventeen I get more customers and decided to look for a mechanical who can assist .
when I started the year twenty eighteen I get I have enough stock an my business is improving.

My Business

1 my business of motorcycle spares sometimes my source of income it comes up or depending to that day how customers came
2 my garage it has three mechanics who I work with
3 every Friday is the day I go for more stock of spare parts that we can use for the Holly week.
4 during weekdays their is a lot of work than weekends.
5 my garage it works from Monday to Saturday.
6 per day I get a profit of 23500 and above.
7 Each mechanics gets her salary depending to the work.
8 when I deduct payments for the mechanics I remain with Eleven thousand.
9 for the whole week when I have deducted everything I get a profit of 30000 above.
10 my business it has more customers due to good service to the customers.

Loan Proposal

1 to buy a motorbike
2 transport my vegetables
3 transporting people
4 to get enough money to spend
5 after I get a profit I pay my loan to increase my chances for higher loan
6 maintain payment
7 the profit will be for family expenditure
8 maintainance
9 additional of vegetables
10 buy a blender

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$15.00

Date disbursed

May 28, 2019

Repayment status

On Time

Projected term

3 weeks

Lenders

Paul Buchheit

Mountain View, United States

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