Additional motorcycle for my business

Leonard

Kisumu, Kenya

44% repaid

Entrepreneur

Name

Leonard

Member since

September 2015

On-time repayments

230 installments  •  60%

About Me

my name is Leonard from Kenya nandi county.
I was born in humble background and I had to struggle a lot to make ends meet.
I started by planting onions and tomatoes in my neighbours farm through leasing.
After selling the proceeds I purchased a second hand motorcycle.
I'm now running a boda boda business I.e ferrying my customers to short distances using my motorcycle.
I'm married with 2 children.

My Business

I over transport services to my customers who require my services to unique destination where PSV vehicles don't operate.
on a good day I earn up to kshs 2000 per day and on low season is ksh 1000.
I struggle to feed cloth and educate my school going children depending on this motorcycle.

Loan Proposal

Upon getting this loan I will purchase a new motorcycle employ one of my jobless neighbour to use it to ferry customers at a fee just as I do thus enabling me to feed and educate my two children at ease.
I will also be helpful to my society since I would have created a job opportunity to a youth.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$294.00

Date disbursed

Jun 8, 2019

Repayment status

Late

Projected term

21 months

Lenders

juliemartha

Lake Mary, United States

Paul Buchheit

Mountain View, United States

GH

Gary Horneman

United States

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