Name
John
Member since
July 2012
On-time repayments
26 installments • 23%
I am 37yrs old married with four children of school going age. all in school.I have a form four level of education and i live and stay in ongata rongai an outskirt town of Nairobi. i started my business Five years ago to make a living after being in informal employment for some years where i was not able to support my family. with my monthly income of about 30000 i am able to educate and feed my family and support my parents.
I am a motorbike taxi rider where i ferry people from Kware bus stage in ongata rongai to and from their homes. there is high demand for such services as the homes are very far from the main road and bus stage and some interior roads are not accessed by cars. i have many customers due to my experience maturity and characters people trust me unlike my competitors who are younger than me. The business is profitable as the cost of running a motorbike are very law
I will enlarge my charcoal business and add more stock in order to serve more customers. I am planning to open another store too as a i am shifting from being retail to wholesale. This will increase my saving to buy my dream of buying a vehicle.
the vehicle will ease delivery of the charcoal to my customers and bringing in new stock as a i spend a lot in expenses of bringing in new stock. hopefully i will achieve it one day.
Positive
18
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,375.00
Date disbursed
Aug 22, 2013
Repayment status
Late
Projected term
18 months
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