Upgrade my taxi car tire and servicing
Ochudi
Eldoret Langas, Kenya
60% repaid
Entrepreneur
Name
Ochudi
Member since
January 2015
On-time repayments
61 installments • 18%
About Me
I am twenty six years old kenyan citizen from western kenya,i live and work in Eldoret town.I have an o level educational background with a diploma in clinical nutrition and community health at Eldoret polytechnic.I have been employed as a clinical nutritionist for six years in different institutions.During this period, i experienced many challenges both socially and financially.The salary i was earning could not sustain my family therefore, i decided to borrow a loan from a bank known as equity.I purchased a toyota vits to offer taxi services to earn more income.
My Business
My business is taxi business and personally Iam employed .Since i am employed as a clinical nutritionist, i have employed a taxi driver for two years six months now.He makes me 54 dollars every week after deducting his payment.
The following is how i spend the profit from the business.
10% is for repair and maintenance of the vehicle.
20% for food.
70% for savings.
Loan Proposal
Dear lenders,
Thank you for giving me an opportunity to get credit from you.If funded I will use the money to:-
1)-Upgrade my taxi business by two (2) tires worth ksh.7000 (us Dollars 78)
2)-and the remaining cash will be spend for vehicle service i.e oil and filter replacement. i will service my loan from the cash i receive from the taxi business. Thank you in advance for consideration
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 4, 2015
Repayment status
Late
Projected term
12 months
Other loans
Lenders
Osaka, Japan
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