Entrepreneur
Name
Moses
Member since
June 2015
On-time repayments
189 installments • 86%
About Me
Am called Moses Karanja Njenga .I was born in the year 1958 in Kamukunji Estate of Eldoret town .
I attended Primary School between the year 1966 to the year 1972 in Eldoret Union .
Secondary between the year 1973 to the year 1976 in Uasin Gishi High School.
I did not go to the University due to lack of School fees because my parent s were very poor.
I am married and with three children all boys .
Two of my Sons have completed high School ,only the last born Son is still in the high School.
I star ted this Business after I saved money to buy a motor bike which am using to date.
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Two of my children want to become business men but one want to become a Teacher.
In my free time I do read the Bible and music for because am also a Pastor.
My Business
I provide transport services to the public in Eldoret and outside Eldoret.
This services is in demand because there no vehicles in many of our roads because our roads are not in good condition.
I chose this kind of Business because it is Cheap to operate so long as you have motor bike.
My typical cost and revenue is 7,000/=Kshs
I use 20,000/=Kshs for School fees
Reinvestment I use 2,000/=Kshs
Home improvement 5,000/=Kshs
Church activities I use 3,000/=Kshs
And I expect this to go up in the near future as the Business continue to grow.
Loan Proposal
Dear lenders I take these opportunity to thank God for you and also thank you for having confidence in me and lending me the previous loan.My loan was good it realy helped to repair my motor bike.
My loan propasal is that given funding these time I will use the money plus what I have in savings to go in for a brand new motor bike .My savings is 400 us dollars plus loan of 330 us dollars will able to give me anew TVS type of motor bike ,that will enable me to be more effective in my business thus able to repay effectively God bless.I look forward to your help
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Loan Info
Project Type
Classic Loan
Disbursed amount
$324.00
Date disbursed
Oct 15, 2016
Repayment status
On Time
Projected term
29 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
United States
Sweden
United States
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