Buying an interlocking block-making machine

John Ndegwa

Kiptagwanyi Kenya, Kenya

100% repaid

Entrepreneur

Name

John Ndegwa

Member since

July 2012

On-time repayments

243 installments  •  52%

About Me

My name is John ndegwa, in our language kikuyu in Kenya, the word ndegwa means a bull cow. I'm the third child in my late father's family. My both parents died late 80s. I helped to raise my youngest brother and sisters who were left by our parents when young. Having not being Soo much educated I didn't get a good job, so I became just a business man.

My Business

I'm a young contactor in building. I started the business due to my talent in building since from school. During my learning in school, there was a subject taught known as art and craft. I learned to build walls made of mud bricks in school. This is how I got interested in massonary work. Later, when I grew up, I started building houses for payment to people in my neighborhood. It later came to be my eaning business. It has helped me to raise a family.

Loan Proposal

With the loan I'm planning to buy an interlocking blocks making machine. The machine needs only murrum soil and cement to fabricate building blocks. It simple and needs not much labour to make building blocks. I will be selling the blocks in areas without natural building blocks. They do better and are simple in building. With this additional machine among others I have in my construction business, I sure I will do even more better.

Income Source

With the loan, I believe I would be able to pay because the machine I'm inteding to buy will add more profit to my construction business. I already have done investigation and I know where to be selling the blocks. With the additional profit I will be able to pay my loan easily and comfortably. Thank you lenders.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$591.13

Date disbursed

Feb 1, 2021

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $29.12

Credit risk payment: $116.50

Optional expediting fee: $58.25

Lenders

davelowe100

Perryville, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

Kjartan

Oslo, Norway

P

PlutusNOR

Trondheim, Norway

L

ldron7

Utah, United States

T

Tallago3

Munich, Germany

Tavin

Ottawa, Canada

D

Divergent

Bethesda, United States

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

P

pillepalle

Osnabrück, Germany

braccino

Settimo Milanese MI, Italy

Hype1

Ashburn VA, United States

Ingela

Falun, Sweden

C

Colmena

Chicago, United States

A

AndrewC

London, United Kingdom

ibc123

Seattle, United States

D

dcheung

San Francisco, United States

Freewolf

Salt Lake City, United States

B

bugdaniel

Switzerland

Laparo

Dusseldorf, Germany

Michel Bavin

Antwerp Area, Belgium

S

Stephan

Netherlands

JL

Joao Leal

United Kingdom

F

Falk

Germany

Dave Bogard

New York, United States

MW

Matt Willis

United States

Lou Kaucic

Sanbornton, NH, United States

Kristin Rhodes

Kansas City, Kansas, United States

I

Ian

United Kingdom

TS

Ted Suzman

United States

TH

tom hd

United Kingdom

F

Frits

Rotterdam, Netherlands

AH

ajay hampapur

United States

Aran Dunlop

United States

Paul Smithson

Leeds, United Kingdom

A

Andrei

United States

I

isaac

United Kingdom

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

RH

Robert Hamner

United States

L

Lucy

Australia

RS

Rich Stein

United States

R

Ryan

Albuquerque, NM, United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

NH

Nancy Hull

United States

JF

J Fister

United States

A

Alex

United States

GA

Gabe Arnold

United States

CN

Craig Newmark

United States

A

Anonymous

United States

R

Rustan

Netherlands

O

Olivier

Netherlands

Mai Phuong Nguyen

Nashville, United States

LM

Lee Montecucco

Washington State, United States

Sharon Giardina

Sydney, Australia, Australia

Remo

Switzerland

M

MaggieK

United States

R

Ru

New York, United States

MC

Mike Cormack

Vancouver, Canada

S

Stephen

United States

Black and White Zebra

Vancouver, Canada

Utahna

United States

Y

Yaser

Germany

F

Fonz

United States

Brian Herrmann

Chicago, United States

T

Timo

Germany

B

Berend

Netherlands

Ask John a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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