To purchase a business motorcycle

Nicholas

Ngara, Kenya

34% repaid

Follow Nicholas

How it Works

Entrepreneur

Name

Nicholas

Member since

June 2017

On-time repayments

79 installments • 65%

About Me

My name is Nicholas Nyongesa aged 30 years. Since my childhood i have been exemplary in educational work with a never to say-die spirit since my cultural and remote environment did not consider education important. However i realized the importance of opening up my mind through the power of education with excellent performance that attracted well wishers to support my education including government scholarship at my university education. After my university education the entrepreneurial spirit within me arose and i started a data collection business where i could walk in the targeted places to interview the respondents on behalf of my clients undertaking research which i have diversified and currently doing supplies in stationery to nearby schools. My 4 year boy tells me that when he grows up he would like to be a pilot. I read entrepreneurial books during my free time

My Business

I do data collection for researchers undertaking their research works and also supply stationery and food stuffs to nearby schools within the proximity of Nairobi Kenya which is well paying and i wish to explore other markets in neighborhood

Loan Proposal

I will use the loan to purchase a business motor cycle approximated to cost USD 1300. This will facilitate movements from location to location during data collection exercise. This will increase income by 20% since the business has been hiring the motor cycle services which has been expensive leading lower profits.