Purchase new motor-bike and human basic needs
Daniel
Jamii Estate, Kenya
100% repaid
Entrepreneur
Name
Daniel
Member since
November 2012
On-time repayments
383 installments • 89%
About Me
I am 35years old born in Nakuru County in Rongai district Visoi location. I was educated in the same area up to class eight. After doing my primary education certificate, I didn’t continue with the education due to lack of secondary school fees. I started involving myself with small business which I am in right now. I am married with 2 children a boy
and a girl.
My Business
In my Kioski, I do sell plastics items like jugs, cups, plates, basins buckets among other things. I am happy with my business because it gives me money that helps me pay loans and meet my family needs. People like my shop because I do give them good services and when there is no what they need I do make sure I brought.
Loan Proposal
My lenders, you are the most precious people in the world. This time I have a great problem on transport, mainly because I am spending a lot on it. Every day i spend almost 10usd on hiring a motor bike. I will buy a new one, make - bajaj boxer 15occ which cost in the local distributors at 1250 USD, This will enable me to reduce that cost by 70 %. At the same time i will be making extra money, by using it as a taxi. I will give it to a good and well known motor cyclists. 300 USD, will be used to buy rice, sugar, cooking fat, salt, tea leaves and other human basic need. 249 USD, will be used to buy plastic basins, mugs, plates, safurias, blankets, bed sheets and women's hand bags. I will also have a new stock of women cosmetics. This plan will enable me to repay my loan on due time.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1,799.00
Date disbursed
Sep 4, 2014
Repayment status
On Time
Projected term
29 months
Other loans
Lenders
Hong Kong, Hong Kong
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