New tires for my taxi van/ matatu

Samuel

Thika, Kenya

100% repaid

Entrepreneur

Name

Samuel

Member since

July 2017

On-time repayments

12 installments  •  67%

About Me

I graduated in the year 2009 with a diploma in Analytical Chemistry but due to unemployment I decided to start a movie shop with money that I saved in college. three years down the line i bought a taxi van/matatu.
I have 3 kids (a boy and two girls) ,the boy would like to be a mechanical engineer like his grand father while my elder daughter would like to be a doctor, my third born is 3 years old. This can only be achieved through proper schooling.

My Business

I do transport business which has been my childhood dream. I love the business because people must be transported everyday from one point to another. I have one taxi van/matatu that helps me to cater for my family, 2 of whom are in school. the day to day running of a taxi van business is sometime costly because it depends on what the van has broken or what need repair so it's hard to have a monthly projection. i would like to buy another van through savings and assistance from lending institutions such as zidisha so that I can expand my business to greater heights.

Loan Proposal

I plan to buy 4 new tires for my taxi van that will cost 300 dollars. This will help make the taxi van do business without interruption,this will help the driver, conductor and me the owner increase the amount we get daily

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$52.00

Date disbursed

Jul 30, 2017

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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  • Samuel    Nov 6, 2017

    My business is doing better courtesy of zidisha

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  • Samuel    Nov 6, 2017

    Let me thank zidisha for adding value to my business by helping me buy new tires for my taxi van/matatu, which has greatly increased my daily returns. I didn't pay my loan as planned because of the political tension that was in the country but things are better now.

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  • Samuel    Sep 27, 2017

    After deductions I was able to get 125 dollars which helped me buy a set of rear chrome rims. The rims have made my taxi van appeal to many thus increasing daily returns.am so greatful for the soft loan.

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  • Samuel    Sep 20, 2017

    i take this opportunity to thank you all for helping me get the loan fully funded

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  • Samuel    Aug 20, 2017

    After getting the soft loan I added some money from my saving and bought one tire for my van.

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