I would like to acquire the loan so that i carry out repairs/renovation to my vehicle which I intend to lease out. I was given a company vehicle therefore I will be using it and lease out my personal vehicle. Proceeds from leasing the vehicle are expected to be USD 300 per month. This will compliment my current salary.
The cost of repairs will be slightly above USD 300. I have a ready client and therefore I need to give out the vehicle when it is in good condition.
I intend to make the repayments promptly either using the proceeds from the vehicle lease or from my monthly salary. This will be a win-win situation for us.