Name
Vitalis
Member since
December 2011
On-time repayments
40 installments • 50%
I am married with four children.i live in ruai,embakasi next to a chiefs office.I am a business man dealing with metal fabrication under foxfarm general agerncies.I started business because of the expenses and university fees for my children .With the earnings i get, i buy machines like recently i bought 3 welding machines worth 130,000,2 grinding machines worth 45,000,1 drilling machine 11,000 and working stock(metals) worth 50,000.I train youths on metal works e.g in fabricating gates, doors, windows ,grills,stairs,tables,stools and general welding
metal fabrication is very important in domestic use thus leading to an increase in the demand of my products .we provide our customers with very good finishing and my supervision is good and the fact that we have minimum repeat jobs.We also have proper security and some of my finished goods i transport them to my residential home(own home).my typical monthly typical costs are around 100,000( without net of labour , rent and power which is about 60,000) thus leaving me with 40,000
1. Purchase of 1 PC Grinder machine @ 10000/=
2.Purchase of working materials (stock) @40000/=
3.Fabrication of hand cart for finished goods transportation @10000/=
Positive
13
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$718.00
Date disbursed
Jan 16, 2012
Repayment status
On Time
Projected term
10 months
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Amount repaid
$758.37
Amount remaining
$0.00
Date repaid
Nov 1, 2012
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Mar 16, 2012 | $84.24 | Mar 25, 2012 | $84.24 |
Apr 16, 2012 | $84.24 | Mar 25, 2012 | $0.29 |
Apr 14, 2012 | $48.81 | ||
Apr 18, 2012 | $11.90 | ||
Apr 20, 2012 | $23.24 | ||
May 16, 2012 | $84.24 | Apr 20, 2012 | $0.57 |
May 31, 2012 | $83.67 | ||
Jun 16, 2012 | $84.24 | May 31, 2012 | $2.05 |
Jun 15, 2012 | $42.86 | ||
Jun 17, 2012 | $39.33 | ||
Jul 16, 2012 | $84.24 | Jun 17, 2012 | $3.52 |
Jul 13, 2012 | $80.71 | ||
Aug 16, 2012 | $84.24 | Jul 13, 2012 | $5.00 |
Jul 31, 2012 | $26.19 | ||
Aug 17, 2012 | $53.05 | ||
Sep 16, 2012 | $84.24 | Aug 17, 2012 | $6.48 |
Sep 15, 2012 | $26.19 | ||
Sep 23, 2012 | $35.71 | ||
Sep 24, 2012 | $15.86 | ||
Oct 16, 2012 | $84.24 | Sep 24, 2012 | $7.95 |
Oct 20, 2012 | $59.52 | ||
Oct 22, 2012 | $16.76 | ||
Nov 16, 2012 | $84.24 | Oct 22, 2012 | $13.00 |
Oct 31, 2012 | $35.71 | ||
Nov 1, 2012 | $35.52 |
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