Transport business

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I would like to purchase a 19 seater public service van, a toyota hiace 9l. Currently, the kenyan transport industry is a potential business venture with a vast capability of expansion. Through this crowdfunding I would like to add to my two-year savings of $10,000 so that I can venture into the business....

To account for the money here is the rough quotation/estimate:

1. Cost of empty van tax inclusive,....@29,000.

2. Cost of fixing seats, labour inclusive... $1,200.

3.Legal costs.... $3000

4. Cost of comprehensive insurance....$1500.

5. Savings and credit cooperative organisation(SACCO)....$2500

6.First vehicle maintenance costs e.g tyres, standard paint and service etc.....$1000

Total amount....$38,200.

The deficit is to be used as emergency money and other unseen legal transactions.

The public service van(matatu as known in kenya) is expected to cash in $60 as profit per day.

This translates to a total profit of $21,900 in a period of 365 days.

This amount of money is enough financial support for me and my family.

I will be able to pay school fee, house rent, medical bills, buy food and meet other expenses.

I will also be able to expand the business through the savings. With time I will also be able to fund other people's project in the community as part of giving back to the community


Organizer

  • Victor Mwaura
  •  
  • Campaign Owner

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US$0.00
raised of $30,000.00 goal
0% Funded
0 Donors

No more donations are being accepted at this time. Please contact the campaign owner if you would like to discuss further funding opportunities