I want to buy new tyres,do painting for my tuktuk and do engine oiling services
Humphrey
Kakamega, Kenya
$0 to go
100% funded of $302 goal
0
days left
Entrepreneur
Name
Humphrey
Member since
January 2014
On-time repayments
36 installments • 47%
About Me
i am young energetic guy 24 years of age from a family of five,my two brothers,one step sister,my mother and I.currently i am running a taxi business where i use a three wheeled vehicle popularly known as a tuktuk here in Kenya.I ferry passengers from one destination to the other with the price depending on the distance that one goes to. I also carry l peoples stuff and this is this is the most profitable part as it is more costly and i started this business two years ago with the money i saved after working f in the local construction companies in our estate.before starting this job, life was very hard such that we sometimes went without meals.i just kept on working hard and through the love of God i managed to save 2000 dollars and bought this second hand machine.I am now getting my livelihood through the funds i get from this job.I WOULD NOW LIKE TO APPLY FOR A LOAN IN YOUR ORGANIZATION SO THAT I CAN BE ABLE TO REPAIR THIS TAXI OF MINE AND BUY NEW TYRES.THANK YOU FOR THE SUPPORT
My Business
I would like to apply for a loan of 302 dollars in this precious organization so that i can ,manage to buy tyres for my vehicle,do painting and do some engine repair so that its efficiency can increase and in the end to get maximum profitability in my business.i started this business with the sole aim of improving my financial standing and also to promote and boost the economy of my beloved country.This business has got good profitability and also its maintenance cost is much lower compared to other business.my daily collections totals to 17 dollars a day and after removing the fueling and other local authorities rates, i remain with 10 dollars as my daily profit.when given this loan , i will repay in the best time possible as promised.please help me achieve my dreams.expenses ,i remain with
Loan Proposal
Dear lenders, i am highly greatfull for your continued assistance through the past six loans that you have given me.my business has been doing great and it is because of this that i managed to pay back your loans in time.i now humbly come to you once again to lend me USD 302 so that i can do painting ,buy new tyres and finally to do engine oiling services to my tuktuk vehicle.with this cash ,i am going to use USD150 to buy four tyres,USD 100 to paint the tuktuk and the remaining USD 52 i will use to do oiling services.with this in place,the daily operations of my machine will be efficient and the profitability will also increase.i am therefore humbly requesting you to help.thank you zidisha
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Loan Info
Project Type
Classic Loan
Disbursed amount
$302.00
Date disbursed
Sep 18, 2014
Repayment status
Late
Projected term
3 months
Lenders
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