Case details

Redhorn Ventures Limited recently financed a Nairobi-based taxi operator who needed KES 650,000 to service two vehicles, renew insurance, and onboard an additional driver before the December peak season. Parking the fleet was not an option, so a logbook loan allowed the business to access capital without taking the cars off the road.

Our team performed a same-day valuation, verified the client’s cash flow using M-Pesa and bank statements, and structured a 14-month repayment schedule aligned to daily taxi collections. Funds were released within 48 hours, keeping the vehicles active and generating revenue.

Key highlights

We structured flexible weekly repayments that mirror peak ride-hailing hours, bundled comprehensive insurance into the facility, and offered a 14-day payment holiday to cover routine maintenance. The client also received cash-flow coaching and SMS reminders to stay ahead of instalments.

Outcome

Vehicle downtime dropped by 60%, revenue grew by 28% during the holiday season, and the client cleared the facility three months early without penalties. Today the fleet has expanded to five vehicles financed through Redhorn.