Entrepreneur
Name
James
Member since
February 2013
On-time repayments
16 installments • 6%
About Me
my names are james kimondo kamunya. i live in mtwapa mombasa kenya.am married and i live with my family here in mtwapa. am blessed with four children three are boys and one she is a girl there are all in primary school at Golden keys school here in mtwapa. my education background is form four of Kenya secondary school.certificate. i started this business because i just wanted to earn extra money so that i can be able to sustain my daily bread and be able to provide extra for my family and as well as educate my children
My Business
my business is of a motor bike and boda boda here in mtwapa. i provide the service of transporting passengers and luggage's from one place to another and this business is also of high demand since the boda boda section is providing a better door to door service which has made may clients to be liking this services because of the door to door services. this business is very profitable. and the risks of this business is of the bad roads within and outside mtwapa. my monthly running cost is Kenya shillings 4000. and my monthly sales income is Kenya shillings 15,000. so this is now giving me a net profit of Kenya shillings 11,000 per month.
Loan Proposal
i will use this first loan to buy some spare parts of my motor bike boda boda so that it can resume back to its condition.this means after doing this the boda boda will be on its fully operational which it will be able to do its work properly and give me more income which will raise my business. this will be boosting my boda business to me as most of the people will be able to board it more and more again.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 4, 2013
Repayment status
Late
Projected term
17 months
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