Tracking device system for my motorcycle taxi business

Geoffrey

Nakuru, Kenya

20% repaid

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

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

Aug 24, 2017

Repayment status

Late

Projected term

9 months

Lenders

T

Tmann

Los Angeles, United States

DeanDropshot

Oslo, Norway

AndreaBravi

London, UK, Canada

Pere

Barcelona, Spain

Svenip

Vienna, Austria

F

florian

Mettmenstetten, Switzerland

indeh

London, United Kingdom

I

Ilona

St Catharines, Canada

Namaste250

Pittsford, United States

Bhayl

Stavanger, Norway

Y

Yevrahs

Dallas, Texas, United States

B

boronat

Brussels, Belgium

rhagen

New York, United States

Bobrm2k3

Charleston, United States

P

Pavane

Kungsbacka, Sweden

bcortazar

Peckville, United States

D

DandS

United States

D

Desteli

United States

Grant Xavier Storer

Seattle, Wa, United States

UN

Uwe Neumann

Frankfurt Germany, Denmark

Mark

Nijmegen, Netherlands

Dean Cress

United States

M

Marc

Newcastle upon Tyne, United Kingdom

Emma

Australia

Carla

Amsterdam, Netherlands

AH

ajay hampapur

United States

R

Ryan

United States

RC

Rudi Chen

United States

SH

Stephanie He

United States

WS

Warren Shen

United States

R

Ryan

Albuquerque, NM, United States

JU

jeremy upsal

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

BG

Bruce Garretson

Portland, Oregon, United States

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  • Mauricen    Jul 31, 2018

    Muhanji doesn't pick calls

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  • Mauricen    Apr 19, 2018

    am still following up with him

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  • Mauricen    Mar 3, 2018

    My attempts have been futile and am so sorry to have invited him to Zidisha, people really change, that's what I have learnt because muhanji waz a very good man n a very close friend, now before inviting someone, I will do my thoroughly analysis and engage them fully,

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  • Mauricen    Jan 27, 2018

    Am afraid my attempts to reach Muhanji have been futile, will keep on trying and pushing for payments

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  • Mauricen    Dec 26, 2017

    Hi, I talked to mr. Geoffrey muhanji and he informed me that his business went down and that he is going through alot currently (which he did not want to disclose), I advised him on rescheduling his repayment amount but he said he will think about that and get back to me, on following up he did not pick my calls, he did not respond to my text messages, am afraid this is not good about a friend I have known for many years, and to be honest I would not recommend further funding for him, sorry

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  • Jorum    Oct 5, 2017

    Hi Geoffrey the process of repayment is paybill number 600201 account number is your phone number. Note when paying use the number that received the loan. There you go i have reminded you the payment method

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  • Geoffrey    Aug 23, 2017

    I will buy two tracking devices with the loan which will help increase efficiency to manage and generation of profits. I would like to thank the lenders for your continuous empowerment

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  • Geoffrey    Aug 9, 2017

    I thank lenders for empowering young entrepreneurs. my last loan facilitated the purchase of a new motor bike which is used as a taxi, I want to install tracking system which will enhance the efficiency in fleet management thus maximizing profits.

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  • Geoffrey    Dec 5, 2016

    I confirm the receipt of the loan amounting to 200 dollars, thank you lenders, the loan will be used to purchase a new motorcycle for the taxi business as I have traded in the old one thus it will be more efficient and effective thus maximizing revenue

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  • Geoffrey    Nov 11, 2016

    I will purchase a new motorcycle for taxi business, it will help me as additional capital and a new assets has benefits as reduced repair and maintenance costs thus it will increase efficiency and maximize revenue.Thsnk you lenders

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  • Geoffrey    Nov 8, 2016

    my first loan was used to purchase various spareparts of motorcycle which reduced repairs and maintenance costs thus it increased revenues by 20%, I have been saving the increased revenue which will now be used as capital together with my second loan to purchase a new motorcycle

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    • Matt B    Nov 8, 2016

      Geoffrey - thanks for the update. I'm pleased to hear things are going well.

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  • Geoffrey    Nov 6, 2016

    The previous loan was useful as I managed to replace the engine of my motorbike that is used for taxi business, my next loan is for additional capital to purchase a new motorbike by trading off the old one

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