Buying four new tires for my car

Boniface

Machakos, Kenya

100% repaid

Entrepreneur

Name

Boniface

Member since

January 2015

On-time repayments

52 installments  •  52%

About Me

My Name is Boniface Kalelu Vili . I am the fifth born in a family of nine.Due to poverty in our home, i could not further my studies forcing me to do ordinary jobs. I moved from our home when i was 17yrs because i could not further my studies.I remember very well the way i used to vendor water in the streets of machakos town early 2011. Learned through the hard way until i got breakthrough in life. I bought a small car through a loan i secured by the help of a friend from a sacco which am using to operate a taxi.Am married to one wife and blessed with three girls. My kids are three girls, one is aspiring to be a lawyer, the other doctor and the last born a pilot all in the making! Through some little savings , i was able to keep my family and meet every expense in my house and am through with paying the loan.
In our culture and our land,business is booming due to the devolved government of counties.
When am free i like visiting my little garden to see how things are getting on there.

My Business

I operate a cab in my home town where i earn my living. Thats where i wake up every morning and am living comfortably! I educate my kids and am on the process of doubling my taxi business! I would like this year to be in a position to add another car. I choose this business simply because it has no education barrier.
My typical cost is just servicing the car and keeping it in good working condition.
I also pay an annual registration fee of 20 us dollars to the county government and a daily parking fee of 1 us dollar. I use the profit to keep my family and also save to grow my future business. On a daily basis, i make like 22 us dollars which translates to 154 us dollars per week. This one can help me repay my loan without struggling.

Loan Proposal

I would like to purchase four new tires for my taxi that will enable me to ride for almost a year without changing the tires.
The best offer i can get for the best goes for a minimum of 55 us dollars per one tire.
Am looking forward for your support to enable my taxi business go to the next level.
I know the returns will be great before the tires begins to wear out.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$220.00

Date disbursed

Apr 28, 2015

Repayment status

On Time

Projected term

4 months

Lenders

K

Kondonassis

Bridgton, United States

C

Christian

Saarbruecken, Germany

ErikN

Stockholm, Sweden

A

AlexCheng

Seattle, United States

Maxey

Amstelveen, Netherlands

F

flaguy999

Tampa, United States

H

howard

Vence, France

C

ColoradoSkier

Denver, United States

Tanya

Nelson, New Zealand

SMOICE

Berlin, Germany

PC

Patrick Clavette

Hartford, Wisconsin, United States

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