Buyng more bowls for November-December festive season

Samson

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Samson

Member since

May 2013

On-time repayments

261 installments  •  70%

About Me

I WAS BORN IN KISUMU IN THE YEAR 1970, I WENT TO SCHOOL AT CENTRAL PRIMARY SCHOOL, FROM 1979 TO 1989 WHERE I DID MY KCPE, FROM THERE I PROCEEDED TO HIGH SCHOOL, NYANGOMA SECONDARY SCHOOL. I DID MY O LEVEL IN 1992, FROM THERE I WENT TO NAIROBI WHERE I BEGAN WORKING WITH AFRICAN HERITAGE AS AFRICAN ART PAINTER FOR ABOUT ONE AND HALF YEAR, IN 1995 I JOINED BESMO HANDICRAFT IN INDUSTRIAL AREA NAIROBI, IN 1998 I WENT BLACK ART, A KOREAN CRAFT COMPANY IN LANG'ATA, WHERE THEY INVITED ME TO PERFORM IN SOUTH KOREA, WHERE I STAYED FOR SIX MONTHS, AND CAME BACK AFTER WHICH WE BEGAN OUR OWN STUDIO IN MATHARE NORTH AREA 3, I'M MARRIED TO MRS REGINA AKINYI, WE TWO CHILDREN , REHEMA NYOMBONGO 7YRS OLD, SHE IN CLASS 2, TUMAINI JUMA 3YRS OLD, HE IS IN NURSERY.

My Business

ABOUT OUR BUSINESS, WE DEAL WITH, SOAP STONE SCULPTURES, FABRICS PRINTING, MOLDING, JEWELLERY, AND WOOD CARVINGS. WE ARE MAJORLY EXPERT IN PAINTING ARTS, IE PAINTING ON SOAP STONES SUCH AS BOWLS, CANDLE HOLDERS, FLOWER VASES, CARD HOLDERS ETC. ON PAINTING WE USE IMPORTED PAINTS WHICH IS CALLED ACRYLIC, THIS MAKES OUR WORK ATTRACTIVE TO OUR CUSTOMERS BOTH LOCALLY AND INTERNATIONALLY, THE CHALLENGES WE ARE FACING ARE, TRANSPORTATION, MARKETING, EXPOSURE, AND MANPOWER. ON MARKETING: WE DO NOT HAVE ENOUGH CAPITAL BASE (MONEY) TO STOCK OUR STUFFS, HENCE IT MAKES IT EASY FOR MIDDLE MEN TO COME AND EXPLOIT US, THEY COME AND BUY OUR STUFFS FOR A SMALLER AMOUNT KEEPING US NOT EXPOSED TO THE MARKET. OUR VISION IS TO SELL OUR STUFFS DIRECTLY INTO THE MARKET BOTH LOCALLY AND INTERNATIONALLY, BY DOING THESE WE ALSO ARE PLANNING TO CREATE JOB OPPORTUNITY FOR SCHOOL LEAVERS AND GIVE BACK TO THE COMMUNITY THROUGH THIS.

Loan Proposal

this is how i will use the money; eight thousand shillings i will use all in round bowls and oval bowls .i will buy 40 peaces of bowls @ 90 shillings and 30 sets of oval bowls @ 150shillings .the whole amount will be 6600 k shillings. i will buy the 8 common paints @ 140 shillings each which will cost 1120.i will buy one 4 litres vernish @ 2100 and thiner 1400 .the remaining i ll use in movemeni/transport and upkeep of my workers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$172.00

Date disbursed

Nov 7, 2015

Repayment status

On Time

Projected term

6 months

Lenders

Feldborg

Stuttgart, Germany

ElWal

Kirn, Germany

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

H

howard

Vence, France

MW

Matt Willis

United States

John Minges

United States

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Summary

Amount repaid

$179.74

Amount remaining

$0.00

Date repaid

May 14, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 15, 2015 $8.00 Nov 14, 2015 $8.00
Nov 22, 2015 $8.00 Nov 22, 2015 $8.00
Nov 29, 2015 $8.00 Nov 29, 2015 $8.00
Dec 6, 2015 $8.00 Dec 5, 2015 $8.00
Dec 13, 2015 $8.00 Dec 13, 2015 $8.00
Dec 20, 2015 $8.00 Dec 19, 2015 $8.00
Dec 27, 2015 $8.00 Dec 27, 2015 $8.00
Jan 3, 2016 $8.00 Jan 2, 2016 $8.00
Jan 10, 2016 $8.00 Jan 10, 2016 $8.00
Jan 17, 2016 $8.00 Jan 19, 2016 $8.00
Jan 24, 2016 $8.00 Jan 24, 2016 $8.00
Jan 31, 2016 $8.00 Jan 31, 2016 $8.00
Feb 7, 2016 $8.00 Feb 7, 2016 $8.00
Feb 14, 2016 $8.00 Feb 15, 2016 $8.00
Feb 21, 2016 $8.00 Feb 20, 2016 $8.00
Feb 28, 2016 $5.00 Feb 27, 2016 $5.00
Mar 6, 2016 $5.00 Mar 7, 2016 $5.00
Mar 13, 2016 $5.00 Mar 13, 2016 $5.00
Mar 20, 2016 $5.00 Mar 20, 2016 $5.00
Mar 27, 2016 $5.00 Mar 29, 2016 $5.00
Apr 3, 2016 $5.00 Apr 5, 2016 $5.00
Apr 10, 2016 $5.00 Apr 10, 2016 $5.00
Apr 17, 2016 $5.00 Apr 17, 2016 $5.00
Apr 24, 2016 $5.00 Apr 26, 2016 $5.00
May 1, 2016 $5.00 May 3, 2016 $5.00
May 8, 2016 $5.00 May 9, 2016 $5.00
May 15, 2016 $4.74 May 14, 2016 $4.74

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