Name
James
Member since
April 2013
On-time repayments
382 installments • 89%
My name is James Mwangi Kamau. I am married with two kids and I live at Utawala near MC Area where I run a hardware shop. I am an accountant by profession and after working for over 10 years in a formal sector I decided to start my business of selling hardware equipments and building materials. I started this business because the job where I was employed before was not paying well and I needed more money to be able to cater the needs of my family and expand financially. The hardware business in our area is more profitable because is a new upcoming real estate and many domiciles are under construction.
My hardware business is located near a busy road that connects Utawala with the rest of the Estate. Its about 200m from the main road. The name of the shop is "Jaba Hardware" and is a brand name of the whole estate and many customers prefer my goods because they are of high quality and I provide better customer service. I have employed two workers to help deliver the goods to my customers on time. My monthly turnover is Kenya shillings 400000 per month, which gives me a profit of Ksh 20000 after incurring all the expenses . I sell building equipments such as hammers, saws, nails, priers and building materials such as sand, ballast, stones, timber, iron sheets and sanitary wares.
The funds that you will lend i will buy a motor cycles(tuktuk) which will help me in delivering goods from my hardware to customers specific places and will increases my sales due to large and quick delivery of goods and improve customers confidence. The cost of the motor cycles(tuktuk) cost is around kshs 200,000.
Hi Hi My name is James Mwangi Kamau am married with three Kinds and I live at Utawala near MC Area where I run a hardware shop. I am an accountant by profession and After working for over 10 years in a formal sector I decided to start my business of selling hardware equipment and building materials. I started this business because the job was employed was not paying well and I need more money to be able to cater for my family and expand financial. The hardware business in our area is more profitable because is a new upcoming Estate and many houses are under construction. My first born joined national school he is in form 2. He wish to became a doctor and second born a doctor and third born a teacher/ lecturer
My hardware business is located near a busy road that connects Utawala with the rest of the Estate. Its about 200m from the main road. The name of the shop is called Jaba Hardware and is a brand name in the whole estate and many costumes prefer my goods because they are of high quality and better customer service. I have employed two workers to help deliver the goods to my Customer on time. My monthly turnover is kenya shillings 1,900,000 month which which gives me a profit of Ksh 80000 after all the expenses . I sell building equipments such as hammers, saws, nails,priers and building materials such as sand,ballast, stones, Timber,iron sheets and sanitary wares and cement in bulk. The profits I get I use to pay loan and iam currently building a big premises for my business to shift but I have not shifted since I bought a lorry for collecting stock especially cement and other as I am intending to become a Contructor and I am in processor registering a company a and I pay School fees for my kids
The funds that you will lend i will buy a motor cycles(tuktuk) which will help me in delivering goods from my hardware to customers specific places and will increases my sales due to large and quick delivery of goods and improve customers confidence. The cost of the motor cycles(tuktuk) cost is around kshs 200,000.
Positive
6
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$728.00
Date disbursed
May 6, 2015
Repayment status
On Time
Projected term
7 months
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Amount repaid
$765.34
Amount remaining
$0.00
Date repaid
Dec 28, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
May 17, 2015 | $22.50 | May 16, 2015 | $22.50 |
May 24, 2015 | $22.50 | May 22, 2015 | $22.50 |
May 31, 2015 | $22.50 | May 29, 2015 | $22.50 |
Jun 7, 2015 | $22.50 | Jun 5, 2015 | $22.50 |
Jun 14, 2015 | $22.50 | Jun 13, 2015 | $22.50 |
Jun 21, 2015 | $22.50 | Jun 19, 2015 | $22.50 |
Jun 28, 2015 | $22.50 | Jun 27, 2015 | $22.50 |
Jul 5, 2015 | $22.50 | Jul 4, 2015 | $22.50 |
Jul 12, 2015 | $22.50 | Jul 10, 2015 | $22.50 |
Jul 19, 2015 | $22.50 | Jul 18, 2015 | $22.50 |
Jul 26, 2015 | $22.50 | Jul 25, 2015 | $22.50 |
Aug 2, 2015 | $22.50 | Jul 31, 2015 | $22.50 |
Aug 9, 2015 | $22.50 | Aug 6, 2015 | $22.50 |
Aug 16, 2015 | $22.50 | Aug 15, 2015 | $22.50 |
Aug 23, 2015 | $22.50 | Aug 21, 2015 | $22.50 |
Aug 30, 2015 | $22.50 | Aug 29, 2015 | $22.50 |
Sep 6, 2015 | $22.50 | Sep 4, 2015 | $22.50 |
Sep 13, 2015 | $22.50 | Sep 11, 2015 | $22.50 |
Sep 20, 2015 | $22.50 | Sep 19, 2015 | $22.50 |
Sep 27, 2015 | $22.50 | Sep 25, 2015 | $22.50 |
Oct 4, 2015 | $22.50 | Oct 2, 2015 | $22.50 |
Oct 11, 2015 | $22.50 | Oct 9, 2015 | $22.50 |
Oct 18, 2015 | $22.50 | Oct 15, 2015 | $22.50 |
Oct 25, 2015 | $22.50 | Oct 22, 2015 | $22.50 |
Nov 1, 2015 | $22.50 | Oct 23, 2015 | $22.50 |
Nov 8, 2015 | $22.50 | Oct 29, 2015 | $22.50 |
Nov 15, 2015 | $22.50 | Nov 6, 2015 | $22.50 |
Nov 22, 2015 | $22.50 | Nov 11, 2015 | $22.50 |
Nov 29, 2015 | $22.50 | Nov 19, 2015 | $22.50 |
Dec 6, 2015 | $22.50 | Nov 19, 2015 | $0.34 |
Dec 2, 2015 | $22.16 | ||
Dec 13, 2015 | $22.50 | Dec 2, 2015 | $0.34 |
Dec 15, 2015 | $22.16 | ||
Dec 20, 2015 | $22.50 | Dec 15, 2015 | $0.34 |
Dec 18, 2015 | $22.16 | ||
Dec 27, 2015 | $22.50 | Dec 18, 2015 | $0.34 |
Dec 26, 2015 | $22.16 | ||
Jan 3, 2016 | $22.84 | Dec 26, 2015 | $0.34 |
Dec 28, 2015 | $22.50 |
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