Buy a better car for my taxi business

Patrick Karanja

Nairobi Umoja Estate, Kenya

9% repaid



Patrick Karanja

Member since

February 2014

On-time repayments

124 installments  •  66%

About Me

My name is Patrick Nduati Karanja.l am 40 years old and married with 2 kids.My son Adrian is turning 5 years next month and I have another son who's two weeks old. l live in umoja estate in Nairobi,kenya.l am a businessman and i hire tents and plastic chairs for events.l also have 2 cars that operate as taxis.l was raised by a single parent,my mum.l am the first born in the family of four and my two sisters live abroad,in Germany and Netherlands.l live with our last born sister as my mum is deceased.l have always been business minded since i was a little boy and i enjoy being independent.l pay my rent,pay bills and proide food and clothing for my family.l always thank God for what i have.

My Business

l have 4 tents and 350 plastic chairs which i hire out.l hire out the tents from $20 -$40 per tent per day and $1 per 10 chairs per day. This business is usually good between Friday and Sunday when most people are having events such as weddings and and other social gatherings. l get between $40-$50 per week.

I am also in transport business where I own two cars that I use as taxis to ferry people for short distances within the city of Nairobi. I make a total of about $60 per vehicle per week after all expenses are paid. I am glad I am doing relatively well in both business but challenges still abound especially in the transport business. From tire replacement, insurance cover and general maintenance - all these keep me on my toes all the time.

I am glad that since I joined Zidisha over a year ago, the loans I have been getting have eased these pressures significantly. Hopefully, with more credit, I will be able to secure financial freedom that I so much desire.

Loan Proposal

I will sell my second car and buy a better car for my business.This will attract more clients and thus make work easier for my driver and still get more returns for me and him as well.The competition has been increasing and i also have to step up so that I'm not left behind. I'm lucky to have discovered zidisha because business would have been very difficult for me and my family.I am looking forward for your kind and favorable consideration.Thank you all.






Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Apr 13, 2016

Repayment status


Projected term

6 months

Cost to entrepreneur

Service fee: $52.64

Patrick opted to pay $107.96 into the Zidisha Members Loan Fund in return for a higher starting credit limit.



Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Ask Patrick a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.