Business loan

Entrepreneur

About Me

My name is Edward Gitimu, born in 1980 in Muranga – central Kenya. I was born in rural area where there was no modern infrastructure like electricity and tap water. I am married with two children. We lived a very basic life with just the bare life essentials. I did my basic education and then proceeded to university for degree course in business education.

I got a job in Mombasa where I was employed as an accountant in a food processing company. I worked there for four years when I was retrenched. It became difficult to get another job and I used money from my terminal benefits to buy a three wheeler taxi (locally called tuk tuk).

My Business

I run a taxi business. My three wheeler taxi is used to ferry people within the vast town of Mombasa. I normally charge about $1 per trip if it does not exceed 3 kilometers and I make a net profit of about $10 per day which I use to support my family and also for the vehicle maintenance.

I work for long hours since the nature of this business demands it.

Loan Proposal

Due to new the requirement that members put some money in Zidisha's loan fund, almost all amount will go into the loan fund which will be refunded at some point. I am applying for this loan with a hope of getting bigger loan in the future which will help me grow my transport business.

Thank you for your continued support.

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