Tracking device system for my motorcycle taxi business

Geoffrey

Nakuru, Kenya

20% repaid

Follow Geoffrey

How it Works

Entrepreneur

Name

Geoffrey

Member since

January 2016

On-time repayments

119 installments • 47%

About Me

My childhood was good thou hard as it was a middle class family, i overcame the hardships by doing brokerage jobs in transportation industry thus making me have ideas about transport industry. Our culture is diverse because we have 42 tribes and my children would like to be automobile engineers and my hobby is mountaineering as i like to strech to my limit.

My Business

My business income is from motorcycle which offers transportation services, the services are useful and have high demand as motorcycles are cheap and convinient mode of transportation. I choose this kind of business as it is easy to manage and revenue is received on a daily basis with typical costs as fuel, licance, insurance and the general service. The profits are majorly used for reinvestment as my vision is to have a leading car hire services. The business has been good and it needs tracking system for efficient management of the fleet. The cost of the tracking devices will be 240 dollars with installation cost of 40 dollars

Loan Proposal

I would like to purchase a tracking system device that will be installed in the motorcycles that are being used as taxi which will enable me to manage them efficiently with the fleet management system. The system will be able to show location, distance covered in form of miles, fuel or gas consumption, alerts when outside geographical coverage, tracking it and recovery incase of theft which will enhance reduction in insurance charges. The tracking system will facilitate monitoring using a smart phone, laptop or desk top computer