David Ndii
@DavidNdii
Boda boda leasing business.
Bike Price 200k
Leasing Sh400 per day
Sh2m buys 10 bikes.
revenue :
P.m Sh120k
P.a Sh1.44m
Less 35% Depreciation allowance
Sh936k p.a
Gross profit per month Sh78k
Particulars not warranted.
This man has probably never ridden on a boda boda (probably can't even fit on one); has probably never talked to a boda boda driver; has probably never been to the slums in 40 years.
He appears to be TOTALLY disconnected from the realities on the ground that are affecting the average kenyan.
He just comes up with these mathematical equations in his head and based on nothing at all assumes that he must be right. A self-proclaimed genius in his own very bizarre brain.