Motorbike for transporting wholesale goods
Kahindi Tete
Mombasa, Kenya
$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
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Neutral
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Negative
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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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