Buy a better car for my taxi business
Patrick
Nairobi Umoja Estate, Kenya
9% repaid
Entrepreneur
Name
Patrick
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.
Feedback
Positive
9
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,277.00
Date disbursed
Apr 13, 2016
Repayment status
Late
Projected term
6 months
Other loans
Lenders
United States
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Summary
Amount repaid
$118.86
Amount remaining
$1,221.98
Expected completion
Dec 22, 2016
Status
Repaying late
Installment amount
$37.27
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 21, 2016 | $37.27 | Apr 26, 2016 | $37.27 |
| Apr 28, 2016 | $37.27 | Apr 26, 2016 | $0.50 |
| Jun 3, 2016 | $36.77 | ||
| May 5, 2016 | $37.27 | Jun 3, 2016 | $37.27 |
| May 12, 2016 | $37.27 | Jun 3, 2016 | $0.50 |
| Aug 9, 2021 | $6.55 | ||
| May 19, 2016 | $37.27 | ||
| May 26, 2016 | $37.27 | ||
| Jun 2, 2016 | $37.27 | ||
| Jun 9, 2016 | $37.27 | ||
| Jun 16, 2016 | $37.27 | ||
| Jun 23, 2016 | $37.27 | ||
| Jun 30, 2016 | $37.27 | ||
| Jul 7, 2016 | $37.27 | ||
| Jul 14, 2016 | $37.27 | ||
| Jul 21, 2016 | $37.27 | ||
| Jul 28, 2016 | $37.27 | ||
| Aug 4, 2016 | $37.27 | ||
| Aug 11, 2016 | $37.27 | ||
| Aug 18, 2016 | $37.27 | ||
| Aug 25, 2016 | $37.27 | ||
| Sep 1, 2016 | $37.27 | ||
| Sep 8, 2016 | $37.27 | ||
| Sep 15, 2016 | $37.27 | ||
| Sep 22, 2016 | $37.27 | ||
| Sep 29, 2016 | $37.27 | ||
| Oct 6, 2016 | $37.27 | ||
| Oct 13, 2016 | $37.27 | ||
| Oct 20, 2016 | $37.27 | ||
| Oct 27, 2016 | $37.27 | ||
| Nov 3, 2016 | $37.27 | ||
| Nov 10, 2016 | $37.27 | ||
| Nov 17, 2016 | $37.27 | ||
| Nov 24, 2016 | $37.27 | ||
| Dec 1, 2016 | $37.27 | ||
| Dec 8, 2016 | $37.27 | ||
| Dec 15, 2016 | $37.27 | ||
| Dec 22, 2016 | $36.37 | ||
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