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
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$109.00
Date disbursed
Oct 22, 2015
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
I want my "My loans" page back, Qatar
Fontvielle, Monaco, Yemen
United States
United States
Ask Edward a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...