124 installments • 66%
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.
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.
My business demands that my tools of trade (vehicles) be in tip-top condition for me to cope with fierce competition in this sector. The client who is the king always goes for a vehicle that looks clean and in good shape. For this reason, I am constantly trying to improve the outlook of my two vehicles so that I have an edge over my competition.
My two vehicles are now due for thorough service and a bit of customization. This however does not come cheap and the whole exercise will cost me about USD600 hence this loan application.
When this is accomplished, I will stay well ahead of the competition and money will continue to flow in hence pay you promptly as I have always done.
May 14, 2015
Cost to entrepreneur
Service fee: $23.39