Jeremiah
Nairobi, Kangemi, Kenya
100% repaid
Name
Jeremiah
Member since
March 2014
On-time repayments
135 installments • 69%
My name is Jeremiah Wesonga I was born on 22nd of october 1990. I was born in afamily of six children and I am the fourth born. I went to a school called Kingandole Secondary school in Busia county. I later on trained as a welder inthe year 2012 to apprenticeship at Oduwa egineering workshop in Nairobi. Later I worked with douwa for about three months before starting my own workshop called Wesonga Engineering workshop. I am married to one wife with one kid. Generally I can say that I am ahardworking man who bel;ieves in eating from my own sweat. I also value honesty as I know its one very important pillar in social life.
I run a welding workshop business which I started inthe year 2013 month of March. My business entails weding and fabrication od grilled doors windows and any toher item that needs to be welded. I buy my materials from the hardwares which are mainly welding rods and black sheets also twistes , square and round bars. For the period I have done this business I realized its avery lucrative business if you have enopugh capital to make ready made items for sale. With enough capital I can even take orders from building sites and make doors and windows to syupply to them. I stand abetter chance to go far in this business simply because my area of operation I am the only one with very minimal competition. I am also very well skilled after having been in this field for more than two years. This busines is very profitable because you can find the material use d to make like one normal door can cost like $ 35 and such door when sold it goes for lowest amount of like $65 So you can see the profit is almost 100%. So if I get this money I will be able to go far in my business.
I will use some of this amount to buy welding rods and some materials like square tubes , round pipes and Black sheets. This will cost me like Ksh.9000 and the rest I will use some of this money to expand my welding shed. I am very sure this will abig step ahead as I am able to make some windows ready made for sale and doors for sale.Hope Lenders will help me!!
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 28, 2014
Repayment status
On Time
Projected term
5 months
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Amount repaid
$153.24
Amount remaining
$0.00
Date repaid
Jul 15, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 7, 2014 | $6.96 | Apr 7, 2014 | $6.96 |
Apr 14, 2014 | $6.96 | Apr 7, 2014 | $0.01 |
Apr 14, 2014 | $6.95 | ||
Apr 21, 2014 | $6.96 | Apr 14, 2014 | $0.02 |
Apr 21, 2014 | $6.94 | ||
Apr 28, 2014 | $6.96 | Apr 21, 2014 | $0.04 |
Apr 28, 2014 | $6.93 | ||
May 5, 2014 | $6.96 | Apr 28, 2014 | $0.05 |
May 5, 2014 | $6.92 | ||
May 12, 2014 | $6.96 | May 5, 2014 | $0.06 |
May 12, 2014 | $6.91 | ||
May 19, 2014 | $6.96 | May 12, 2014 | $0.07 |
May 19, 2014 | $6.89 | ||
May 26, 2014 | $6.96 | May 19, 2014 | $0.08 |
May 26, 2014 | $6.88 | ||
Jun 2, 2014 | $6.96 | May 26, 2014 | $0.09 |
Jun 2, 2014 | $6.87 | ||
Jun 9, 2014 | $6.96 | Jun 2, 2014 | $0.11 |
Jun 9, 2014 | $6.86 | ||
Jun 16, 2014 | $6.96 | Jun 9, 2014 | $0.12 |
Jun 16, 2014 | $6.85 | ||
Jun 23, 2014 | $6.96 | Jun 16, 2014 | $0.13 |
Jun 23, 2014 | $6.84 | ||
Jun 30, 2014 | $6.96 | Jun 23, 2014 | $0.14 |
Jun 30, 2014 | $6.82 | ||
Jul 7, 2014 | $6.96 | Jun 30, 2014 | $0.15 |
Jul 7, 2014 | $6.81 | ||
Jul 14, 2014 | $6.96 | Jul 7, 2014 | $6.96 |
Jul 21, 2014 | $6.96 | Jul 7, 2014 | $6.96 |
Jul 28, 2014 | $6.96 | Jul 7, 2014 | $6.96 |
Aug 4, 2014 | $6.96 | Jul 7, 2014 | $3.59 |
Jul 14, 2014 | $3.38 | ||
Aug 11, 2014 | $6.96 | Jul 14, 2014 | $6.96 |
Aug 18, 2014 | $6.96 | Jul 14, 2014 | $6.96 |
Aug 25, 2014 | $6.96 | Jul 14, 2014 | $6.96 |
Sep 1, 2014 | $6.96 | Jul 14, 2014 | $6.96 |
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