Entrepreneur
Name
Lazarus
Member since
March 2017
On-time repayments
25 installments • 48%
About Me
i am lazurus i do motorbike transport business in Narok town where i also happened to have received my education from in the early 90s.
After completing secondary school, i scored a grade that could not take me to college and from that point, i realized how difficult life was. My parent could no longer provide for me because they argued i was of age to feed myself and also take care of myself.
I used to work in a hotel as a waiter after completing my school so that i could sustain my living, i made saving each and everyday and worked extra hard because i really wanted to establish my business. With m y savings, i managed to buy a motorbike early last year and started my dream business of transporting people in town.
What i find unique in Narok is despite the town being very small, many business are running well and people here are very hard working engaging in different kinds of businesses.
My Business
i do transportation. I transport people from our main stage in town to where they want to go within the town as well as outside the town.
This services are useful because with a motorbike, one can have access to a very convenient means of transportation because one can navigate through heavy traffics and get to areas of need quite quickly.
i chose this business after establishing that the population inhabiting Narok town like using motorbike for transport. This fact increases its demand and with this i decided to also offer the services.
I have been using the income that i get to grown myself and also maintain my business, i recently bought a new motorbike and i have employed a cousin to help me run the motorbike in town.
Loan Proposal
granted the loan, i will use the money to do a repair of my motorbike engine. I need a total of 30 us dollars, with 19 us dollars, i will add the remaining bit of 21 us dollars and do the repair.
I will benefit so much because with the motorbike in good condition, i can be able to go back to work and offer the services.
I expect an income raise by 8 us dollars.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Mar 20, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Summary
Amount repaid
$18.91
Amount remaining
$0.00
Date repaid
May 28, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 30, 2017 | $1.99 | Apr 6, 2017 | $1.00 |
| Apr 6, 2017 | $1.00 | ||
| Apr 6, 2017 | $1.99 | Apr 11, 2017 | $1.99 |
| Apr 13, 2017 | $1.99 | Apr 11, 2017 | $1.99 |
| Apr 20, 2017 | $1.99 | Apr 23, 2017 | $1.00 |
| Apr 23, 2017 | $1.00 | ||
| Apr 27, 2017 | $1.99 | May 4, 2017 | $1.00 |
| May 4, 2017 | $1.00 | ||
| May 4, 2017 | $1.99 | May 11, 2017 | $1.00 |
| May 11, 2017 | $1.00 | ||
| May 11, 2017 | $1.99 | May 14, 2017 | $1.00 |
| May 14, 2017 | $1.00 | ||
| May 18, 2017 | $1.99 | May 14, 2017 | $1.00 |
| May 23, 2017 | $1.00 | ||
| May 25, 2017 | $1.99 | May 23, 2017 | $1.00 |
| May 28, 2017 | $1.00 | ||
| Jun 1, 2017 | $1.00 | May 28, 2017 | $1.00 |
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