Interior improvement of my cab

Edwin

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $12 goal

0

days left

Entrepreneur

Name

Edwin

Member since

March 2018

On-time repayments

4 installments  •  50%

About Me

I am called Edwin Wafula, a luhya by tribe. I am 36, married with 2 kids both in nursery school. I am the first born in our family. We grew up in utter poverty with my mum since she was a single mother. Our tribe has a unique culture where after circumcision boys are not allowed to cook or do domestic work but because I was the first born I did. My Hobbies include: swimming, reading books, going to church and playing music. My kids are young but their dream is to become pilots. My level of Education is a bachelors degree in Education (B.ED).I tarmacked and lacked a job and I decided to go for driving school and bought a car for me to be a cab driver.This business I started after selling a piece of land that I inherited from my father

My Business

My business is cab (taxi) driving. I am based in Nakuru town my customers are mostly tourists who come for visits in Nakuru to see the great rift and lake Nakuru plus the game park.I park my car at Merricca hotel. My main income comes during the peak season where in a month I make about 500 dollars. These helps me to pay fees my kids,cater for personal up keep and tuition for my siblings who are still in school. My expenditure include servicing the car, paying insurance cover, maintance costs and government taxes. All the costs total to 300 dollars per moth, total gross income is 500 dollars minus costs balance is 200 dollars net income .my dream is to buy more cars and employ some youths as I create jobs for them.

Loan Proposal

I plan to complete the improvement of the interior of my Cab. I have bought new seat covers and now i need to do the flour of the cab.
These will attract more customers hence increased income.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$12.00

Date disbursed

Apr 14, 2018

Repayment status

Late

Projected term

2 weeks

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$0.00

Amount remaining

$12.02

Expected completion

Apr 28, 2018

Status

Repaying late

Installment amount

$11.83

Repayment History

Expected Payments Actual Payments
Apr 21, 2018 $11.83
Apr 28, 2018 $0.20

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