Motorbike for transporting wholesale goods

Kahindi Tete

Mombasa, Kenya

Funds disbursed

$0 to go

100% funded of $834 goal

0

days left

Entrepreneur

Name

Kahindi Tete

Member since

August 2017

On-time repayments

85 installments  •  1%

About Me

My name is Kahindi Katana Tete. I am a father of five children. I did go to school but did dropout because of luck of school fees. However I didn't give up in life so I had to find opportunities so as to ensure that I earn a living. I got employed as a watchman to. After working for four years I started my own business and am now a business man.

My Business

I am a business man and I do supply goods to retail shops in our area. I hire a pick-up and load it with wholesale goods from town and go to the interior place and sale to the retailer. I make good money per month especially when I have good orders from customers.

Loan Proposal

I want to buy a motor bike to help me transport some goods to the distant places when even the vehicle cannot access those areas. By doing this I will make more profit and build my chain of customers. I will have many customers and this will translate to more profit.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$825.24

Date disbursed

Sep 15, 2017

Repayment status

Late

Projected term

19 months

Cost to entrepreneur

Service fee: $34.64

Credit risk payment: $22.95

Kahindi opted to pay $516.85 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

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