Public transport

Zephaniah

Emuhaya, Kenya

36% repaid

Entrepreneur

Name

Zephaniah

Member since

August 2016

On-time repayments

313 installments  •  81%

About Me

I'm a 30 year old man engaged currently in transport business.
I'm married with a family of 3 children who are all schooling.
I'm the sole bread winner although we used to work together with my wife on the farm.
I lost a lease on the farm I had leased and therefore decided to use the savings I had kept to acquire a second hand motor van which I use for public transport.

My Business

I'm currently engaged in public transport business with the van I acquired. The van is like a taxi but with a 14 passenger carrying capacity. The business is organised in such a way that you operate on a given route and is fully regulated by various government agencies.
In the same industry one can choose to operate long distances across the country or short distances within the city or rural set-up. I operate on short distances within the city.

Loan Proposal

Dear friends.
I'm grateful for your help this far. I was in vegetables farming business which has enabled me to take care of my family and also keep some savings. Since I had legal challenges for the property I had leased I decided to venture into public transport business. Through my savings and also help from friends I acquired a second hand motor vehicle which I have been working with.
Unfortunately, my business suffered from a misfortune where the motor vehicle was involved in an accident. Luckily there were only minor injuries recorded which was handed by the insurance company since it was a third party insurance cover which only catered for the passengers.
My vehicle currently requires some repairs and I'm stuck financially and therefore request for your help.
Regards.

Feedback

1

None

None

  • Dean Suminski    Jul 25, 2017

    Congratulations on paying off your loan. Farmers are the salt of the earth!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,237.00

Date disbursed

Aug 15, 2021

Repayment status

Late

Projected term

15 months

Lenders

M

marycb

United States

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