Tuk tuk for transport business

Entrepreneur

About Me

My name is John Bede, i was born in the Nyanza part of Kenya, a place called Kisumu specifically a small village called Nyakatch. I was named John Bede in luo Bede means from the lake side. They thus named me Bede meaning i was born near the lake. My childhood and education can be traced back to the small town called Nyakatch. I was a pupil at Nyangumo Primary school and later on joined Nyalenda secondary school. I finished school well, passed but i never joined the University because of financial problems. My father had three wifes and 15 children, It was thus challenging for him to educate all of us.
I ended my education at that level and started engaging myself into business, my father owned several Tuk Tuks in town and i was thus given the responsibility to ride one and take care of it. That is how i came to start the tuk tuk transport business.
What i call or see unique in our home is that we are blessed by the great lake Victoria that produces a lot of Fish for sale and consumption.

My Business

I offer transportation services in Kisumu town, i have been employed by my father to run one of his Tuk Tuk and hence i carry people within town from one place to the other. This service are useful in that they help people get to their places of need within a very short time. It is a also useful because during traffic jams one can avoid the heavy traffic and get to place of need quickly. The demand is high because of the large population of people living in Kisumu. This makes me get customers and good income.
I use the profits that i make to support some of my siblings, support myself financially and also save some. I wish to use the savings to buy my own Tuk Tuk so that i can be running my own business.

Loan Proposal

I will use the loan to buy a new Tuk tuk for my own transportation business, a new one cost 800 us dollars, i have managed to save the money from the salary that i get from my father and in addition to the loan if granted, i will buy a new Tuk Tuk.
I will benefit from this because i will be running my own business as opposed to doing business for my father, this will enable me get all the profits.
I have been making around 20 us dollars everyday as profit for my father and thus if i buy the Tuk Tuk, i expect to be making the same amount or even more and all the profit will be mine. This will help empower me financially and also make me pay back the loan and advance another one.

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