Loan to do a car trade in

Patrick

Nairobi Umoja Estate, Kenya

100% 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

As aforementioned, I am in taxi business where I ferry passengers from one point to their destinations e.g, from airport to the city center. I run two vehicles and the nature of my business dictates that they should be in proper working condition.

For this reason, I need to trade in one of the vehicles with another one which is not as old. I need $900 to accomplish this transaction. This loan with my own savings will be sufficient to do it.

I am optimistic that you will support me once more as you have done in the past.

Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$421.00

Date disbursed

Jan 29, 2015

Repayment status

On Time

Projected term

3 months

Lenders

C

chkuo

Taipei, Taiwan

YB Song

Seoul, Republic of Korea

KarmaComa

Gent, Belgium

Sunnyside

Stafford, United Kingdom

H

hetultel

Ahmedabad, India

HMS_5th_Grade

Honolulu, United States

K

Kerrisdale

Guernsey, United Kingdom

L

LenderTrender

Freeville, United States

Vla911

Milan, Italy

A

Andy

Berlin, United States

J

Jyoti

Herndon, United States

MikaL

Helsinki, Finland

C

chrono

Toronto, Canada

chadgibbs

Loveliest Village, United States

A

alexandraleaving

Alice Springs, Australia

J

jonesabankwa

Bronx, United States

drstaples

Provo, UT, United States

C

Cohoes

Albany, United States

K

karit

Victoria, Canada

F

FredBetty

San Antonio, United States

R

rebdhen

Louisville, United States

G

glh25

Winooski, United States

A

asmilligan17

Perryville, United States

S

ssj2k4

Broken Arrow, United States

davidt

San Francisco, United States

D

d3witt

Cheyenne, United States

Muslim

Riyadh, Saudi Arabia

T

tbogz

Singapore, Singapore

ericacamille

Brooklyn, United States

nmatpt

Lisboa, Portugal

P

prashant

SUNNYVALE, United States

S

solarkismet

Logan, United States

R

rkilliany

Somerville, United States

A

acolomitchi

Eynesbury, Australia

A

amish

San Francisco, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

C

CJAnderson

Sydney, Australia

U

UTLonghorn

Lincoln, United States

2

2Samuel22

Clarksville, United States

F

Fintons

Grand Rapids, United States

P

Phoint

Zurich, Switzerland

N

Navigator

Alavus, Finland

larsandanika

Langen, Germany

K

Krish

Dubai, United Arab Emirates

PulsoJewelry

Los Angeles, United States

O

olliepalmer

London, United Kingdom

T

TedEBear

Sparks, United States

S

Sclodfelter

Los Angeles, United States

Bill2073

Florida, United States

I

icmoonchild

Haddon Heights, United States

J

jocke

Stockholm, United States

I

idakaren

bonlez, Belgium

P

Paleomagick

Eldred, United States

Rena121

Sydney, Australia

DainS

Peregian Beach, Australia

S

smetis

Kananaskis, Canada

S

Sreval

Manly, Australia

FriendinOregon

Hillsboro, Oregon, United States

A

Anonymous

United States

P

Pavane

Kungsbacka, Sweden

L

lewisfamily

Bicester, United Kingdom

W

wilma95

napa, United States

I

inips

Oslo, Norway

T

ThereIsNoGod

Singapore, Singapore

P

Pillango

Frankfurt, Germany

A

alettore

Schleinikon, Switzerland

O

ormung13

Christchurch, New Zealand

T

thebonseung

Republic of Korea

Z

zvrk2014

Brookline, MA, United States

Paul Buchheit

Mountain View, United States

Leonardia

Waddinxveen, Netherlands

Grant Xavier Storer

Seattle, Wa, United States

Benjamin Charlton

Dubai, United Arab Emirates

P

Philip

Bremen, Germany

AL

Austin Long

United States

Paul Buchheit

Mountain View, United States

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

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Summary

Amount repaid

$434.01

Amount remaining

$0.00

Date repaid

May 1, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 8, 2015 $28.93 Feb 1, 2015 $28.93
Feb 15, 2015 $28.93 Feb 1, 2015 $16.01
Feb 9, 2015 $12.92
Feb 22, 2015 $28.93 Feb 9, 2015 $15.17
Feb 19, 2015 $13.76
Mar 1, 2015 $28.93 Feb 19, 2015 $19.94
Feb 26, 2015 $8.99
Mar 8, 2015 $28.93 Feb 26, 2015 $24.72
Mar 6, 2015 $4.21
Mar 15, 2015 $28.93 Mar 6, 2015 $1.40
Mar 10, 2015 $27.53
Mar 22, 2015 $28.93 Mar 10, 2015 $6.18
Mar 19, 2015 $22.47
Mar 20, 2015 $0.28
Mar 29, 2015 $28.93 Mar 20, 2015 $10.73
Mar 23, 2015 $11.12
Mar 24, 2015 $7.08
Apr 5, 2015 $28.93 Mar 24, 2015 $19.89
Mar 26, 2015 $9.04
Apr 12, 2015 $28.93 Mar 26, 2015 $13.43
Apr 4, 2015 $15.51
Apr 19, 2015 $28.93 Apr 4, 2015 $23.82
Apr 14, 2015 $5.11
Apr 26, 2015 $28.93 Apr 14, 2015 $22.98
Apr 25, 2015 $5.96
May 3, 2015 $28.93 Apr 25, 2015 $16.52
May 1, 2015 $12.42
May 10, 2015 $28.93 May 1, 2015 $28.93
May 17, 2015 $28.96 May 1, 2015 $28.96

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