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Transportation

Motorbike for transporting stationery

John DoeJ
EntrepreneurEmmanuelLocationMalindi, Kenya
Project status
100%funded
$1,380raised
15%paid forward

During my childhood my pet was cat and I loved playing with my pet all the time I was free. In my life the most difficult goal I achieved was that of joining a university this was after a hard struggle both in academics and financially. After high school I had to work for one year and save as much as I could to enable me join the university of my choice. These efforts together with community and friends help I managed to be admitted a university. During long holidays I normally work to earn and it is from these earnings I came to start my business. In our community there is one outstanding culture of ladies not allowed to wear men's clothes; it is an abomination. I would like my future children to be role models in the community, after attaining higher education I would like them to engage themselves in businesses because I can see that there is a great potential of becoming a successful in businesses.

My hobby is traveling, photography and swimming.

In my business I deal with retailing of stationery an I also offer services; photocopy, lamination, typing and printing.

I chose this business because its demand was high from the local residents. Further more, there were many school coming up well which increases the number of potential customers.

The total cost of my business stock is fifty thousand and this earns about ten thousand every month. I normally use about sixty percent of this on tuition fee and the remaining I reinvest for growth of my business.

In addition I do writing jobs while in campus which also earns me a little cash.

It is from these sources that I am going to draw cash to repay the loan.

I hereby request for this loan to help me achieve the following goals:

1) To get funds that will help me in my field attachment.

2)To buy motorbike for stationery transportation.

Starting from May I will be going for a field attachment for three months and I expect to use $150 for accommodation and $90 on food.

I would also like to buy a motorbike for $1010 which I will use it to transport stationery to the interior schools.

I will hire someone to do this for me. By doing so I will increase my earnings.

I am very sure that this loan will be of great benefit not only to me but also to many others.