Construction of a lavatory unit

Yohannepaulo

Busia County Township Sub-location., Kenya

100% repaid

Entrepreneur

Name

Yohannepaulo

Member since

March 2014

On-time repayments

169 installments  •  57%

About Me

I am an electrician with a small shop that sells electrical wares at first i was engaged in installation only this meant i had to send my customers to buy the wares from other shops until l realized i could maximize the profits if i sold the wares myself and save on time as well as some of the customers would have me fund for the wares myself and effect payment promptly once the installation is completed(this apparently is the most lucrative part of the business).what i plow back into the business is short of what i would wish to have in terms of stock.

My Business

Busia is a small town that is currently experiencing rapid growth and this means electrical installation is on the increase my electrical shop is still small and at times the orders overwhelm me so if i get a loan i can increase my stocks.most of the tenders that i normally sign into requires that i foot the billing for the materials as well with payment being prompt on completion of the works though occasionally some payment are not prompt on completion with lengthy procurement procedures but as yet non has ever resulted in non-payment.

Loan Proposal

My family home has two lavatory units with pit latrines as they were constructed long ago when the town (Busia) had no meaningful sewerage system the one that was there had only been constructed around the central business district, but of late the sewerage system has been extended tocover more of the town .It is my intention therefor to improve on the existing lavatory unit and construct one with flash toilets and and a wash room ,towards this endeavour i have calculated the estimated costs to be as following:- $ 68 for sand, $ 45 for cement, $ 40 for pvc pipes, $ 112 for flash toilets, $ 90 for sewerage connection fee,$ 68 for labour.The total for the estimated vote head shall be $ 423 .it is needless to say therefor that the loan if granted shall be of much import to me.

Feedback

4

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Loan Info

Project Type

Classic Loan

Disbursed amount

$507.00

Date disbursed

Oct 2, 2014

Repayment status

On Time

Projected term

11 months

Lenders

S

slevon

Hemsbach, Germany

Mikey

London, United Kingdom

valentin

Stockholm, Sweden

tycho

Madison, WI, United States

D

dkapplerb

Toronto, Canada

AdamP

Sunnyvale, United States

Zidisha

Sterling, United States

H

HappythroughHelp

Torrance, United States

EmilAsker

Lomma, Sweden

P

planespotter

Berlin, Germany

M

mkellerman

Shanghai, China

jan73

Eugene, United States

Sarasota

Sarasota, Fl, United States

E

Evanstia

Lakewood, United States

Matching Fund

Sterling, United States

M

marcof

Netherlands

W

wesbh89

United States

LouisB

ZIDISHA, Mozambique

J

JessicaAna

Maputo, United States

organic

Portugal

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  • Yohannepaulo    Feb 28, 2017

    I had lost my SIM card and given that i had to use the mobile number that i had used while registering i could not make any payment therefore to remain current with my schedule i have to readjust downwards.

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  • Yohannepaulo    Aug 13, 2016

    a loan taken by my father before his demise has attracted five times the interest interest on the principal amount having having found this out from an auction order to try and buy the p

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  • Yohannepaulo    May 19, 2016

    I have incurred alot of unpayed electrical installation from my customers that Haas resulted in my defaulting on the loan much to my embarrassment I therefore need to make the changes in order to stay current with my schedule and I intend to revert to my initial repayment schedule once my finances allow.

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  • Kennedy    Jan 31, 2016

    Mr. Ochieng', following my calls to you earlier today, kindly re-adjust your loan repayments and ensure you pay weekly.

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  • Yohannepaulo    Dec 4, 2015

    Following the sudden demise of my mother the funeral arrangements has greatly drained my finances thus i have to reschedule in order to remain current with my payments.

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  • Yohannepaulo    Nov 10, 2015

    Today i started the day in high spirit as i began the much needed repairs on the roof but the day ended badly as at around 8:00 pm i received news that my mother had been shot by robbers and passed away on the spot this has thrown my plans in a slight dissaray.

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  • Yohannepaulo    Nov 8, 2015

    Hi i have received an amount of 44,027 KES initialy and the balance of 12,500 KES bringing the total amount to 56,527 KES and now i can proceed with the much needed repairs on m'y roof thanks to You lenders.

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  • Yohannepaulo    Nov 3, 2015

    Hi lenders the money was finally disbursed though I had expected 56,527 KES I have received 44,027 KES.

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  • Yohannepaulo    Nov 3, 2015

    Thanks lenders for showing up to fund my loan and this just hours when i had given up in it being funded on time is a pleasant suprise, once the funds are disbursed i will buy iron sheets and the necessary roofing materials for this work to stop the roof from leaking.

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  • Yohannepaulo    Oct 30, 2015

    Thanks Matt B for your contribution towards my loan. Though i still have five days to go before the loan expires and $ 564 to go i am optimistic that this time the contribition will come to.

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    • Matt B    Oct 30, 2015

      I wish you the best of luck, and if it doesn't come through this time, just try again. Best Wishes. Matt

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      • Yohannepaulo    Nov 2, 2015

        Hi Matt thanks for your best wishes. but it looks bleak i might just have to reapply after tommorow.

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  • Yohannepaulo    Sep 22, 2015

    Thanks to the loan i was able to construct a lavatory unit and with it i said goodbye to enteric fever, thank you zidisha and you dear lenders.

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  • Yohannepaulo    Sep 18, 2015

    I feel I have held the loan for quite a while now and since my financial situation allows me to clear the remaining balance in one go I don't see the need to prolong this further.

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  • Yohannepaulo    Apr 18, 2015

    Hi zidisha i have made a payment of kes 900 on 15/04/15 that has not been credited to date.

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  • Yohannepaulo    Dec 31, 2014

    Happy new year to you all lenders you made my last year worthwhile may you have a prosperous 2015.

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  • Yohannepaulo    Dec 27, 2014

    A few weeks ago i had applied to adjust my initial installments downwards due to temporary financial set back that had a risen out of under-estimated budget costs for my proposed project, but now that my financial situation has relatively imroved i feel i can re-adjust my installment amount from where it cxurrently stands to what i am propossing at the moment.

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  • Yohannepaulo    Dec 27, 2014

    Merry christmas to you too jan73 and all lenders.thanks.

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  • jan73    Dec 25, 2014

    Good wishes for health, joy, and prosperity to you and your family in 2015!

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  • Yohannepaulo    Dec 9, 2014

    The actual cost of connecting the units to the municipal sewer line was four (4) times more than my estimates i therefor had to connect to an old septic tank which meant reparing and empting it though the cost was reduced but it was still at a higher cost than my original estimated this has thrown my finances into slight dissaray. I therefor need to reduce my instalment amount for a while in order for my financial recovery.

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  • Yohannepaulo    Oct 13, 2014

    when the loan was disbursed i decidedtohit the ground running, so iboght the materialsneededfor the construction to begin even though the actual costs have been slightly higher i am right on schedule.

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  • Yohannepaulo    Sep 19, 2014

    Thanks Howard for your support.

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