To buy a cab for taxify

Promise

Port Harcourt , Nigeria

100% repaid

Entrepreneur

Name

Promise

Member since

January 2019

On-time repayments

26 installments  •  69%

About Me

I am a college graduate, smart and intelligent. I have been unable to get a good paying job, the one I currently have pays about $100 monthly which one cannot really achieve anything with as transportation and feeding almost exhaust it. I am current scouting for other jobs and more importantly looking for how to raise funds to start my own business

My Business

I love driving and i am skilled at it. The opportunities owning a car presents is quite high. an average commercial cab driver makes atleast 500 USD on a monthly basis and that is 5 times my current monthly pay but when fully deployed and used for taxify, one can make at least 1,000 usd on a monthly basis.

A 2002 Toyota corolla is ideal for such business as it is fuel efficient, cheap to maintain.

My goal is to get it, fully deploy it to taxify and in 6 months i will be able to fully pay back the loan for it and even have more money to start another side hustle

Loan Proposal

To buy a cab for Taxify

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Jan 30, 2019

Repayment status

On Time

Projected term

1 week

Lenders

KieranB

Ireland

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