To buy a secondhand motobike for taxi

Patrick Juma

Busia., Kenya

5% repaid

Entrepreneur

Name

Patrick Juma

Member since

January 2014

On-time repayments

304 installments  •  5%

About Me

Am Patrick juma born 3/4/1986 of id no 25496375. am 28 years . i did my o level in the year 2002-2006. am the fist born of three kids. Am a father of two and am married to one wife who does farming to keep the family going. Today I am a bodaboda operator in Bumala town.
After my o level i was not able to get a job temporary with the ministry of agriculture. I did for the ministry for three month. From the job I was able to get some money from which I started to sell fruits at bumala center I was able to raise money that I asked my parents brother and sisters to support me to get a motorbike to but they could not.
After acquiring hired motorbike I was able to get some money that I was able to start a shed for my wife to sell vegetables. From the business I was able to take my kids to school with less stress

My Business

I am i bodaboda operator in Bumala town.I owned two second hand motobikes.I started this business more than two years ago after failing to get a good job.I used to hire a motobike at KES 300 per day when i 1st ventures into this business.A year later i managed to buy my own moto from somebody here in Bumala.

After working with that my moto,i managed to get another second hand motobike of which i have hired to a friend which he too now pays to me KES 300 per day.

The risks am facing is the cost of maintanance of this old motobike and i wish in future to start buying new motobikes.In Bumala demand of transport is high since its a growing town and also motobike is cheaper as compared to other means of transport.

From this motobikes,i do manage to generate a revenue of KES 50,000 per month but KES 35,000 goes to maintanance and other expences leaving a profit of KES 15,000 per month.With this income i am very sure i will be able to repay the loan with no problem.

Loan Proposal

Once again i am so gratefull for the loan,it really help me improve my life.For the second loan have been saving some little amount with me and wish add with the loan and buy a second hand motorbike at $450 then use $90 to service it.This motorbike i will lease to somebody of which will earn me additional $3 per day.Thank you for your help.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$449.00

Date disbursed

Apr 10, 2014

Repayment status

Late

Projected term

69 months

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Charleston, United States

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DavidJSmu

North Attleboro, MA, United States

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Summary

Amount repaid

$31.41

Amount remaining

$659.78

Expected completion

Dec 20, 2019

Status

Repaying late

Installment amount

$1.18

Repayment History

Expected Payments Actual Payments
Apr 18, 2014 $12.94 Apr 21, 2014 $12.94
Apr 25, 2014 $0.00
May 2, 2014 $0.00
May 9, 2014 $3.53 May 27, 2014 $3.53
May 16, 2014 $0.00
May 23, 2014 $0.00
May 30, 2014 $0.00
Jun 6, 2014 $2.59 Jun 16, 2014 $2.59
Jun 13, 2014 $2.59 Jun 16, 2014 $0.35
Aug 14, 2014 $2.24
Jun 20, 2014 $2.12 Aug 20, 2014 $2.12
Jun 27, 2014 $0.00
Jul 4, 2014 $0.00
Jul 11, 2014 $0.00
Jul 18, 2014 $0.00
Jul 25, 2014 $0.00
Aug 1, 2014 $0.00
Aug 8, 2014 $0.00
Aug 15, 2014 $0.00
Aug 22, 2014 $0.00
Aug 29, 2014 $0.00
Sep 5, 2014 $2.51 Sep 8, 2014 $0.94
Oct 9, 2014 $1.56
Sep 12, 2014 $0.08 Oct 9, 2014 $0.08
Sep 19, 2014 $0.00
Sep 26, 2014 $0.00
Oct 3, 2014 $0.00
Oct 10, 2014 $0.00
Oct 17, 2014 $0.00
Oct 24, 2014 $0.00
Oct 31, 2014 $0.00
Nov 7, 2014 $0.00
Nov 14, 2014 $1.18 Dec 13, 2014 $1.18
Nov 21, 2014 $1.18 Dec 13, 2014 $1.18
Nov 28, 2014 $1.18 Dec 13, 2014 $1.18
Dec 5, 2014 $1.18 Dec 13, 2014 $1.18
Dec 12, 2014 $0.35 Dec 13, 2014 $0.35
Dec 19, 2014 $0.00
Dec 26, 2014 $0.00
Jan 2, 2015 $1.18
Jan 9, 2015 $1.18
Jan 16, 2015 $1.18
Jan 23, 2015 $1.18
Jan 30, 2015 $1.18
Feb 6, 2015 $1.18
Feb 13, 2015 $1.18
Feb 20, 2015 $1.18
Feb 27, 2015 $1.18
Mar 6, 2015 $1.18
Mar 13, 2015 $1.18
Mar 20, 2015 $1.18
Mar 27, 2015 $1.18
Apr 3, 2015 $1.18
Apr 10, 2015 $1.18
Apr 17, 2015 $1.18
Apr 24, 2015 $1.18
May 1, 2015 $1.18
May 8, 2015 $1.18
May 15, 2015 $1.18
May 22, 2015 $1.18
May 29, 2015 $1.18
Jun 5, 2015 $1.18
Jun 12, 2015 $1.18
Jun 19, 2015 $1.18
Jun 26, 2015 $1.18
Jul 3, 2015 $1.18
Jul 10, 2015 $1.18
Jul 17, 2015 $1.18
Jul 24, 2015 $1.18
Jul 31, 2015 $1.18
Aug 7, 2015 $1.18
Aug 14, 2015 $1.18
Aug 21, 2015 $1.18
Aug 28, 2015 $1.18
Sep 4, 2015 $1.18
Sep 11, 2015 $1.18
Sep 18, 2015 $1.18
Sep 25, 2015 $1.18
Oct 2, 2015 $1.18
Oct 9, 2015 $1.18
Oct 16, 2015 $1.18
Oct 23, 2015 $1.18
Oct 30, 2015 $1.18
Nov 6, 2015 $1.18
Nov 13, 2015 $1.18
Nov 20, 2015 $1.18
Nov 27, 2015 $1.18
Dec 4, 2015 $1.18
Dec 11, 2015 $1.18
Dec 18, 2015 $1.18
Dec 25, 2015 $1.18
Jan 1, 2016 $1.18
Jan 8, 2016 $1.18
Jan 15, 2016 $1.18
Jan 22, 2016 $1.18
Jan 29, 2016 $1.18
Feb 5, 2016 $1.18
Feb 12, 2016 $1.18
Feb 19, 2016 $1.18
Feb 26, 2016 $1.18
Mar 4, 2016 $1.18
Mar 11, 2016 $1.18
Mar 18, 2016 $1.18
Mar 25, 2016 $1.18
Apr 1, 2016 $1.18
Apr 8, 2016 $1.18
Apr 15, 2016 $1.18
Apr 22, 2016 $1.18
Apr 29, 2016 $1.18
May 6, 2016 $1.18
May 13, 2016 $1.18
May 20, 2016 $1.18
May 27, 2016 $1.18
Jun 3, 2016 $1.18
Jun 10, 2016 $1.18
Jun 17, 2016 $1.18
Jun 24, 2016 $1.18
Jul 1, 2016 $1.18
Jul 8, 2016 $1.18
Jul 15, 2016 $1.18
Jul 22, 2016 $1.18
Jul 29, 2016 $1.18
Aug 5, 2016 $1.18
Aug 12, 2016 $1.18
Aug 19, 2016 $1.18
Aug 26, 2016 $1.18
Sep 2, 2016 $1.18
Sep 9, 2016 $1.18
Sep 16, 2016 $1.18
Sep 23, 2016 $1.18
Sep 30, 2016 $1.18
Oct 7, 2016 $1.18
Oct 14, 2016 $1.18
Oct 21, 2016 $1.18
Oct 28, 2016 $1.18
Nov 4, 2016 $1.18
Nov 11, 2016 $1.18
Nov 18, 2016 $1.18
Nov 25, 2016 $1.18
Dec 2, 2016 $1.18
Dec 9, 2016 $1.18
Dec 16, 2016 $1.18
Dec 23, 2016 $1.18
Dec 30, 2016 $1.18
Jan 6, 2017 $1.18
Jan 13, 2017 $1.18
Jan 20, 2017 $1.18
Jan 27, 2017 $1.18
Feb 3, 2017 $1.18
Feb 10, 2017 $1.18
Feb 17, 2017 $1.18
Feb 24, 2017 $1.18
Mar 3, 2017 $1.18
Mar 10, 2017 $1.18
Mar 17, 2017 $1.18
Mar 24, 2017 $1.18
Mar 31, 2017 $1.18
Apr 7, 2017 $1.18
Apr 14, 2017 $1.18
Apr 21, 2017 $1.18
Apr 28, 2017 $1.18
May 5, 2017 $1.18
May 12, 2017 $1.18
May 19, 2017 $1.18
May 26, 2017 $1.18
Jun 2, 2017 $1.18
Jun 9, 2017 $1.18
Jun 16, 2017 $1.18
Jun 23, 2017 $1.18
Jun 30, 2017 $1.18
Jul 7, 2017 $1.18
Jul 14, 2017 $1.18
Jul 21, 2017 $1.18
Jul 28, 2017 $1.18
Aug 4, 2017 $1.18
Aug 11, 2017 $1.18
Aug 18, 2017 $1.18
Aug 25, 2017 $1.18
Sep 1, 2017 $1.18
Sep 8, 2017 $1.18
Sep 15, 2017 $1.18
Sep 22, 2017 $1.18
Sep 29, 2017 $1.18
Oct 6, 2017 $1.18
Oct 13, 2017 $1.18
Oct 20, 2017 $1.18
Oct 27, 2017 $1.18
Nov 3, 2017 $1.18
Nov 10, 2017 $1.18
Nov 17, 2017 $1.18
Nov 24, 2017 $1.18
Dec 1, 2017 $1.18
Dec 8, 2017 $1.18
Dec 15, 2017 $1.18
Dec 22, 2017 $1.18
Dec 29, 2017 $1.18
Jan 5, 2018 $1.18
Jan 12, 2018 $1.18
Jan 19, 2018 $1.18
Jan 26, 2018 $1.18
Feb 2, 2018 $1.18
Feb 9, 2018 $1.18
Feb 16, 2018 $1.18
Feb 23, 2018 $1.18
Mar 2, 2018 $1.18
Mar 9, 2018 $1.18
Mar 16, 2018 $1.18
Mar 23, 2018 $1.18
Mar 30, 2018 $1.18
Apr 6, 2018 $1.18
Apr 13, 2018 $1.18
Apr 20, 2018 $1.18
Apr 27, 2018 $1.18
May 4, 2018 $1.18
May 11, 2018 $1.18
May 18, 2018 $1.18
May 25, 2018 $1.18
Jun 1, 2018 $1.18
Jun 8, 2018 $1.18
Jun 15, 2018 $1.18
Jun 22, 2018 $1.18
Jun 29, 2018 $1.18
Jul 6, 2018 $1.18
Jul 13, 2018 $1.18
Jul 20, 2018 $1.18
Jul 27, 2018 $1.18
Aug 3, 2018 $1.18
Aug 10, 2018 $1.18
Aug 17, 2018 $1.18
Aug 24, 2018 $1.18
Aug 31, 2018 $1.18
Sep 7, 2018 $1.18
Sep 14, 2018 $1.18
Sep 21, 2018 $1.18
Sep 28, 2018 $1.18
Oct 5, 2018 $1.18
Oct 12, 2018 $1.18
Oct 19, 2018 $1.18
Oct 26, 2018 $1.18
Nov 2, 2018 $1.18
Nov 9, 2018 $1.18
Nov 16, 2018 $1.18
Nov 23, 2018 $1.18
Nov 30, 2018 $1.18
Dec 7, 2018 $1.18
Dec 14, 2018 $1.18
Dec 21, 2018 $1.18
Dec 28, 2018 $1.18
Jan 4, 2019 $1.18
Jan 11, 2019 $1.18
Jan 18, 2019 $1.18
Jan 25, 2019 $1.18
Feb 1, 2019 $1.18
Feb 8, 2019 $1.18
Feb 15, 2019 $1.18
Feb 22, 2019 $1.18
Mar 1, 2019 $1.18
Mar 8, 2019 $1.18
Mar 15, 2019 $1.18
Mar 22, 2019 $1.18
Mar 29, 2019 $1.18
Apr 5, 2019 $1.18
Apr 12, 2019 $1.18
Apr 19, 2019 $1.18
Apr 26, 2019 $1.18
May 3, 2019 $1.18
May 10, 2019 $1.18
May 17, 2019 $1.18
May 24, 2019 $1.18
May 31, 2019 $1.18
Jun 7, 2019 $1.18
Jun 14, 2019 $1.18
Jun 21, 2019 $1.18
Jun 28, 2019 $1.18
Jul 5, 2019 $1.18
Jul 12, 2019 $1.18
Jul 19, 2019 $1.18
Jul 26, 2019 $1.18
Aug 2, 2019 $1.18
Aug 9, 2019 $1.18
Aug 16, 2019 $1.18
Aug 23, 2019 $1.18
Aug 30, 2019 $1.18
Sep 6, 2019 $1.18
Sep 13, 2019 $1.18
Sep 20, 2019 $1.18
Sep 27, 2019 $1.18
Oct 4, 2019 $1.18
Oct 11, 2019 $1.18
Oct 18, 2019 $1.18
Oct 25, 2019 $1.18
Nov 1, 2019 $1.18
Nov 8, 2019 $1.18
Nov 15, 2019 $1.18
Nov 22, 2019 $1.18
Nov 29, 2019 $1.18
Dec 6, 2019 $1.18
Dec 13, 2019 $1.18
Dec 20, 2019 $355.07

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