Yes i can

Luke

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Luke

Member since

April 2015

On-time repayments

8 installments  •  0%

About Me

I was born on 14th July 1986. My dad passed on in 1995 when I was in class 3, that did not stop me from working hard in school.My mum passed on in 2001 when I was called to join Maranda High School a prestigious secondary school in Kenya.I struggled through by sponsorship and well wishers in high school and by the time I finished form 4 I had a fee balance of Kshs 27,000, I passed my KCSE with a mean grade of B+, I had to wash dishes at a restaurant in Reinsurance Plaza to meet the fees obligations and to be allowed to pick my Certificate. I passed my KCSE with a mean grade of B+ and was admitted to Maseno University in 2006. I graduated with a BA international relations.
I was lucky to get an internship Job at Nation Media Group in 2012, and I was confirmed in 2013. I immediately started my taxi Business.

I have one kid who admires me so much and gladly boasts to his friends ''my dad has two cars!!!''

My hobby is watching Movie series. I can watch a whole season in 1 day.

My Business

When I was confirmed at my work place I immediately qualified for a car. I used my first car to offer taxi business via leasing at the JKIA airport. 2 Years later I bought my second car and registered it under my wife's name. I now get get a personal income of Kshs 25,000 per month. I use part of the income to service my loan at my work place. I now have slightly a year to have my car log books.

I chose taxi business because there are no serious expenditure apart from insurance which is once in a year and car maintenance which is once in 3 months.

I have never regretted the idea.

Loan Proposal

Since i'm in beauty business , at my salon,I would buy 50 pair of earrings at Kshs 20 and resell at Kshs 50 a pair.
The profit margin will stand at Kshs 1,500. With that I profit I can introduce my smaller sister to start her own line of business on earings

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Aug 31, 2016

Repayment status

On Time

Projected term

6 weeks

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