To pay bike ownership transfer charges

Denis

Wasini,mtwapa, Kenya

8% repaid

Entrepreneur

Name

Denis

Member since

August 2014

On-time repayments

82 installments  •  21%

About Me

I am a 34 year old disabled man living and working in the outskirts of Mtwapa. I was born in Kisii in Nyanza, I am married and blessed with a boy and girl. I trained as a middle level accountant in college about 12 years ago and I am currently serving as an accounts clerk in Mtepeni secondary school.

I also run a motorbike taxi business, I have acquired a second hand bike for around $800 recently which I am still repaying (repaid to date $300). The bike helps me getting to my work place which is about eight kilometers from Mtwapa, a distance I am unable to walk due to my disability, and helps me save about $1.5 daily.

With the salary I earn I am able to pay school fees, rent and other expenses for my children, whatever remains I boost my wife’s second hand clothes business with.

On Saturdays I go to church in Mtwapa sda church with my family and on Sunday we visit the Shekina children centre where we do bible study with the orphans and donate whatever God has blessed us with.
I love face booking and reading the bible a lot and enjoy spending quality time with my family. I believe disability does not mean inability, in fact I am very hardworking man and happy to be one.

My Business

I earn about $100 a month as an accounts clerk. Since I was commuting using a hired bike I was paying about $1.5 daily to and from my work place. In order to save this cost I was forced to acquire a second hand motorbike, at the same time I hired a bike rider who offers a taxi service with it. The motorbike is able to make about $4 a day, I spend $2.5 to pay the bike rider and fuel and save the remaining $1.5 daily.

Loan Proposal

I would use the third loan of $ 50, to pay the bike transfer charges from previous owner to me, and that is payable a government agency, kenya revenue authority, this would enable me have full ownership of the bike

Show original English  

About Me

MY STORY
Am a 34 year old disabled man living and working in the outskirts of mtwapa. I was born in kisii in nyanza, am married blessed with a boy and girl. I trained as a middle level accountant in college about 12 years ago. Am currently serving as an accounts clerk in Mtepeni secondary school. I also run a motor bike taxi business which I acquired recently that i finished repaying for it. I got a second hand one at around $800 but I have been struggling to pay but i am through now i own it fully.
The bike helps me in getting to work place since its about eight kilometers from mtwapa I can’t walk that far due to my disability hence saving about $1 daily. The income from salary I get am able to pay school fees and rent and other expenses for my kids and whatever remains I boost my wife’s second hand clothes business.
On Saturdays I go to church in mtwapa SDA church with my family and on Sunday we visit shekina children centre where we do bible study with the orphans and donate whatever God has blessed us with.
I love face booking and reading the bible a lot and enjoy spending quality time with my family. I believe in disability is not inability hence am

My Business

MY BUSINESS

I earn about $100 a month as an accounts clerk since I was commuting using a hired bike I was paying about $1.5 daily to and from school. So I was forced to acquire a second hand motorbike to help me get to work place and save that cost. In that process I hired a bike rider who does taxi business with it. The bike has been able to make about $4 daily but now due to increased number of bikes the amount has reduced to $3 in which $2.5 I use to pay rider and fuel leaving me about $1 to save daily.
Since This bike has been helpful to me but since i got it on credit have been struggling to clear a balance of $300 but now iam through i appreciate that it making my life a little manageable. paying for it really affected my loan repayment but i appreciate i own it now.

Loan Proposal

I would use the third loan of $ 50, to pay the bike transfer charges from previous owner to me, and that is payable a government agency, kenya revenue authority, this would enable me have full ownership of the bike

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.00

Date disbursed

Apr 13, 2015

Repayment status

Late

Projected term

13 months

Lenders

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  • Denis    Sep 10, 2022

    my bike was stolen , i have followed with insurance it was not successful

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  • Denis    Feb 15, 2018

    HI, sorry for missing to repay my loan but now am good to go...will start paying

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  • Denis    Sep 27, 2015

    The bike got an accident and got written off and insurance has not paid me

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  • Evans    Sep 15, 2015

    i have called Denis Ratemo and has promised to pay in some amount by latest friday this week. Baya

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  • Evans    Aug 13, 2015

    i bhave tried calling Dennis but is not available . Baya

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  • Evans    Jul 9, 2015

    i have just called Dennis Ratemo and has promised to pay in by tommorow. Baya

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  • Evans    Jun 9, 2015

    i have just called Dennis Ratemo over the phone and has promised to pay in by tommorrow. Baya

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  • Denis    May 31, 2015

    I thank zidisha for support, i may be able to repay my loan from begining of june, i request the lenders to bare with me

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  • Evans    May 9, 2015

    I have just called Denis Ratemo on his number and has told me that he is low financially as he has paid school fees for his children but has promised to repay by month end. Baya

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  • Denis    Apr 24, 2015

    i thank zidisha lenders having loaned $ 49 i got the money and was able to pay for bike transfer charges now am awaiting log book from government authority. now i have full ownership of the bike. thank you zidisha

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  • Denis    Apr 12, 2015

    Thank you lenders and zidisha as a community, i intend to pay my motorbike transfer charges at kenya revenue authority that wil help me have the bike logbook. Hence have title to the bike courtesy of zidisha lenders. Thank you

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  • Denis    Apr 10, 2015

    MY THIRD LOAN

    I thank zidisha lenders to have given me two loans, i am posting my third loan of $ 50, that i want to use in changing ownership of the bike from the previous owner to me, this amount is payable at a government office that is kenya revenue authority as transfer charges, once paid i would have a logbook, and that bike would possesing my title, i would repay my loan through my savings and salary, kindly lenders help me achieve the goal of owning the bike.

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  • Denis    Mar 25, 2015

    I depend on salary as well i am expecting a salary so that i can repay

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  • Evans    Mar 9, 2015

    I have called Denis but was not available. Will call again tommorow then will give you the feedback. Baya

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  • Denis    Mar 8, 2015

    I decided to put my motorcycle on sale since its maintaince costs are high due to its age so i hope to get a buyer and puchase a new one. I ask my lenders to be a little patient

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  • Denis    Feb 9, 2015

    i still; must thank my lenders since am moving on well except january had many commitments among them my kids school fees otherwise am greatful. i look forward to improve my payments

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  • Denis    Jan 17, 2015

    Halo zidisha,
    i had school fees to pay for my kids so iam hoping to recover as a new year has began, the motorbike also i had to clear its balance of about $ 300. So that left me drained totaly but i appreciate zidisha enabled me get insurance to get the bike to road otherwise i wouldnt have managed at all costs, now i believe in next weel i will be well

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  • Evans    Jan 6, 2015

    denis is currently having some family issues to solve but has promised to topup towards the end of the month. Baya

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  • Denis    Jan 4, 2015

    i had a problem since i had to clear all the motor cycle balance since i was still repaying now i plan to clear it. so my wish is i repay all my loan at once from my salary. by around 10th of january. i have told my mentor evans baya and he promised to communicate to zidisha management. so the taxi business is will except i had to clear a $ 300 balance that am owed to the owner and as well tis past time was festive so it was financially demanding

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  • Denis    Dec 31, 2014

    I request to repay all my balance by 10th january 2015, some family problems came up i had to balance up. I request that consideration. I continue to thank zidisha for support

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