Maintenance of my taxi

Edward

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Edward

Member since

January 2015

On-time repayments

106 installments  •  41%

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

The taxi work that I do demands that I service my vehicle after a few months of operation. I normally do this after every three months where a few parts are changed and lubrication fluids changed.

My vehicle is due for such service which will cost me about USD 150. This money will be used for that purpose and it will put the vehicle in good shape for the next couple of months.

Thank you and please lend me on my third loan at Zidisha.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$109.00

Date disbursed

Oct 22, 2015

Repayment status

On Time

Projected term

5 months

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

P

PlutusNOR

Trondheim, Norway

F

flaguy999

Tampa, United States

J

JohnH

Livonia, Michigan, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

dlpringle

Denver, United States

W

wiwillia

Milbrae, United States

R

RJonR

United States

mepster

San Francisco, Ca, United States

MW

Matt Willis

United States

wissam

Jeddah, Saudi Arabia

N

Nino

Switzerland

KN

Ken Nielsen

United States

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