Buy paint for my construction work

Nelson Kaita

Magongo, Kenya

35% repaid

Entrepreneur

Name

Nelson Kaita

Member since

May 2014

On-time repayments

113 installments  •  40%

About Me

My name is Nelson Kaita Boso. I was born in Coastal region of Kenya 42 years ago in a family of 6 – 2 parents and 1 brother and 2 sisters. My parents are small scale farmers mainly dealing food crops and livestock keeping.
I went to school in the same area and after clearing my secondary education, I enrolled in a commercial college where I trained as a business executive. I got a job in Mombasa town after completion of my college education where I worked for five years as a supervisor in an oil company.
I am married to one wife and I have three children aged 11 years, 7 years and 3 years. I am a hardworking and an honest person.

My Business

I run two businesses in Mombasa town. One is a construction company which I started four years ago and I also do supplies of general merchandise to cooperate and private clients (food and non-food items).
I run my operations from my office located in Mombasa Town where I have employed 2 workers. I occasionally hire casuals when there is a lot of work to be done.
For the construction business, the demand for my services is average but I get a fair share of the market. This business gives me a net profit of about $550. The supply business gives me a net profit of $230 thus both ventures give me a total of about $780 per month.
I intend to use this loan to strengthen my supplies department of my business because sometimes I run out of cash when I get big orders. I am hoping to progress upwards with Zidisha loans so that I will eventually be able to complete with other big players in this sector.

Loan Proposal

I am currently doing renovation work after being contracted by the owner a few weeks ago. This required a lot of capital and I have ran out cash to do the final touches such as paintwork.

I have come back to Zidisha asking for your assistance once more to enable me purchase 20 gallons of paint that is needed to finish the paintwork. I normally get paid after finishing the job and this is normally done in within two months.

1 gallon of paint cost about USD7 and this loan will be enough to enable me purchase the required amount. Thank you and I am looking forward to your funding once more.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$143.00

Date disbursed

May 10, 2015

Repayment status

Late

Projected term

17 months

Lenders

Leonardia

Waddinxveen, Netherlands

Franmiguel

Perth, Australia

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Summary

Amount repaid

$52.69

Amount remaining

$97.64

Expected completion

Oct 23, 2016

Status

Repaying late

Installment amount

$1.67

Repayment History

Expected Payments Actual Payments
May 17, 2015 $5.57 May 17, 2015 $5.57
May 24, 2015 $5.57 May 17, 2015 $0.21
May 28, 2015 $5.36
May 31, 2015 $5.57 May 28, 2015 $0.20
Jun 4, 2015 $5.37
Jun 7, 2015 $5.57 Jun 4, 2015 $0.19
Jun 11, 2015 $5.38
Jun 14, 2015 $5.57 Jun 11, 2015 $0.18
Jun 19, 2015 $5.39
Jun 21, 2015 $5.57 Jun 19, 2015 $0.18
Jun 26, 2015 $5.39
Jun 28, 2015 $5.57 Jun 26, 2015 $0.18
Jul 3, 2015 $5.39
Jul 5, 2015 $5.57 Jul 3, 2015 $0.39
Jul 13, 2015 $5.18
Jul 12, 2015 $5.57 Jul 13, 2015 $5.57
Jul 19, 2015 $0.37 Jul 13, 2015 $0.37
Jul 26, 2015 $0.00
Aug 2, 2015 $0.00
Aug 9, 2015 $0.00
Aug 16, 2015 $0.00
Aug 23, 2015 $0.00
Aug 30, 2015 $0.00
Sep 6, 2015 $1.67 Sep 8, 2015 $1.67
Sep 13, 2015 $1.67 Sep 8, 2015 $0.56
Sep 20, 2015 $1.67
Sep 27, 2015 $1.67
Oct 4, 2015 $1.67
Oct 11, 2015 $1.67
Oct 18, 2015 $1.67
Oct 25, 2015 $1.67
Nov 1, 2015 $1.67
Nov 8, 2015 $1.67
Nov 15, 2015 $1.67
Nov 22, 2015 $1.67
Nov 29, 2015 $1.67
Dec 6, 2015 $1.67
Dec 13, 2015 $1.67
Dec 20, 2015 $1.67
Dec 27, 2015 $1.67
Jan 3, 2016 $1.67
Jan 10, 2016 $1.67
Jan 17, 2016 $1.67
Jan 24, 2016 $1.67
Jan 31, 2016 $1.67
Feb 7, 2016 $1.67
Feb 14, 2016 $1.67
Feb 21, 2016 $1.67
Feb 28, 2016 $1.67
Mar 6, 2016 $1.67
Mar 13, 2016 $1.67
Mar 20, 2016 $1.67
Mar 27, 2016 $1.67
Apr 3, 2016 $1.67
Apr 10, 2016 $1.67
Apr 17, 2016 $1.67
Apr 24, 2016 $1.67
May 1, 2016 $1.67
May 8, 2016 $1.67
May 15, 2016 $1.67
May 22, 2016 $1.67
May 29, 2016 $1.67
Jun 5, 2016 $1.67
Jun 12, 2016 $1.67
Jun 19, 2016 $1.67
Jun 26, 2016 $1.67
Jul 3, 2016 $1.67
Jul 10, 2016 $1.67
Jul 17, 2016 $1.67
Jul 24, 2016 $1.67
Jul 31, 2016 $1.67
Aug 7, 2016 $1.67
Aug 14, 2016 $1.67
Aug 21, 2016 $1.67
Aug 28, 2016 $1.67
Sep 4, 2016 $1.67
Sep 11, 2016 $1.67
Sep 18, 2016 $1.67
Sep 25, 2016 $1.67
Oct 2, 2016 $1.67
Oct 9, 2016 $1.67
Oct 16, 2016 $1.67
Oct 23, 2016 $1.53

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