Refurbish my taxi vehicles
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
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.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$625.00
Date disbursed
May 14, 2015
Repayment status
On Time
Projected term
4 months
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Summary
Amount repaid
$657.07
Amount remaining
$0.00
Date repaid
Sep 19, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 24, 2015 | $32.84 | May 18, 2015 | $15.44 |
| May 24, 2015 | $17.40 | ||
| May 31, 2015 | $32.84 | May 24, 2015 | $0.74 |
| Jun 4, 2015 | $32.10 | ||
| Jun 7, 2015 | $32.84 | Jun 4, 2015 | $1.79 |
| Jun 7, 2015 | $31.06 | ||
| Jun 14, 2015 | $32.84 | Jun 7, 2015 | $2.28 |
| Jun 17, 2015 | $30.57 | ||
| Jun 21, 2015 | $32.84 | Jun 17, 2015 | $0.54 |
| Jun 26, 2015 | $32.30 | ||
| Jun 28, 2015 | $32.84 | Jun 26, 2015 | $32.84 |
| Jul 5, 2015 | $32.84 | Jun 26, 2015 | $1.52 |
| Jul 8, 2015 | $31.32 | ||
| Jul 12, 2015 | $32.84 | Jul 8, 2015 | $2.01 |
| Jul 18, 2015 | $30.83 | ||
| Jul 19, 2015 | $32.84 | Jul 18, 2015 | $2.50 |
| Jul 25, 2015 | $30.34 | ||
| Jul 26, 2015 | $32.84 | Jul 25, 2015 | $8.54 |
| Aug 6, 2015 | $24.30 | ||
| Aug 2, 2015 | $32.84 | Aug 6, 2015 | $0.14 |
| Aug 13, 2015 | $32.70 | ||
| Aug 9, 2015 | $32.84 | Aug 13, 2015 | $0.63 |
| Aug 18, 2015 | $32.21 | ||
| Aug 16, 2015 | $32.84 | Aug 18, 2015 | $32.84 |
| Aug 23, 2015 | $32.84 | Aug 18, 2015 | $0.50 |
| Aug 18, 2015 | $32.34 | ||
| Aug 30, 2015 | $32.84 | Aug 18, 2015 | $32.84 |
| Sep 6, 2015 | $32.84 | Aug 18, 2015 | $0.37 |
| Sep 14, 2015 | $32.48 | ||
| Sep 13, 2015 | $32.84 | Sep 14, 2015 | $0.86 |
| Sep 14, 2015 | $31.99 | ||
| Sep 20, 2015 | $32.84 | Sep 14, 2015 | $1.34 |
| Sep 19, 2015 | $31.50 | ||
| Sep 27, 2015 | $32.84 | Sep 19, 2015 | $32.84 |
| Oct 4, 2015 | $33.02 | Sep 19, 2015 | $33.02 |
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