Tyres for motorcycle taxi

Japheth

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $63 goal

0

days left

Entrepreneur

Name

Japheth

Member since

June 2017

On-time repayments

25 installments  •  76%

About Me

my name is Japheth Muema. I am a Kenyan and i come from Kitui district,a remote and semi arid rural area.I'm the firstborn in a family of six.Our parents are peasant farmers and we have always depended on government relief food in our upbringing. After completing my o levels in 2001 I came to the city of Nairobi in search of greener pastures to fed for my younger siblings.I've worked as a casual labourer since then until in 2003 when I ventured into business. my first business was a second hand shoe selling, then later I joined motorcycle taxi business which I do up to date.

My Business

I'm involved in a motorcycle taxi business here in Nairobi. Due to the increased traffic in the city many people prefer to use motorcycle taxi when in a hurry.I also deliver parcels for my clients just to save them time as these days people are very busy with work.In a good day I make approximately ksh 2000(20$).out this ksh500(5$) goes to fuel then ksh 500(5$) I use to pay for the motorcycle hiring expense.the remaining amount I use for domestic purposes,like paying for my house rent,shopp

Loan Proposal

I want to buy new tyres for my motorcycle taxi. It's a requirements of the law not to ride on worn out tyres and also it guarantee safety while on the road.it also minimizes the chances of getting puncture when at work and hence you are able to maximize on your time

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$63.00

Date disbursed

Aug 9, 2018

Repayment status

Late

Projected term

3 weeks

Lenders

Freewolf

Salt Lake City, United States

J

Netherlands

matthewstephen

Houston, United States

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