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.
Dear lender wish to request a loan to finance my business of Hardware business, to increase my stock so that the customer can access variety of products for building their homes. I will by more building equipments, cements, sand and stone. I hope mu business will grow with type by you generous contribution from you my lender, All you biding are welcome and I hope you will partner with me and work together in this globle village of E-Commerce.
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
Dear lender wish to request a loan to finance my business of Hardware business, to increase my stock so that the customer can access variety of products for building their homes. I will by more building equipments, cements, sand and stone. I hope mu business will grow with type by you generous contribution from you my lender, All you biding are welcome and I hope you will partner with me and work together in this globle village of E-Commerce.
Positive
6
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 21, 2013
Repayment status
On Time
Projected term
12 months
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Amount repaid
$108.61
Amount remaining
$0.00
Date repaid
Jul 27, 2013
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 10, 2013 | $9.05 | May 20, 2013 | $9.05 |
Jul 10, 2013 | $9.05 | May 20, 2013 | $9.05 |
Aug 10, 2013 | $9.05 | May 20, 2013 | $9.05 |
Sep 10, 2013 | $9.05 | May 20, 2013 | $8.93 |
Jun 19, 2013 | $0.12 | ||
Oct 10, 2013 | $9.05 | Jun 19, 2013 | $9.05 |
Nov 9, 2013 | $9.05 | Jun 19, 2013 | $9.05 |
Dec 9, 2013 | $9.05 | Jun 19, 2013 | $9.05 |
Jan 9, 2014 | $9.05 | Jun 19, 2013 | $8.81 |
Jul 20, 2013 | $0.24 | ||
Feb 9, 2014 | $9.05 | Jul 20, 2013 | $9.05 |
Mar 10, 2014 | $9.05 | Jul 20, 2013 | $9.05 |
Apr 10, 2014 | $9.05 | Jul 20, 2013 | $9.05 |
May 10, 2014 | $9.05 | Jul 20, 2013 | $8.69 |
Jul 27, 2013 | $0.36 |
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