Buy metal parts to manufacture windows and doors for sale

Jeremiah

Nairobi, Kangemi, Kenya

100% repaid

Entrepreneur

Name

Jeremiah

Member since

March 2014

On-time repayments

135 installments  •  69%

About Me

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.

My Business

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.

Loan Proposal

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!!

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 28, 2014

Repayment status

On Time

Projected term

5 months

Lenders

José Antonio

Carapicuíba, Brazil

J

josh50

United States

H

hahahan

Melbourne, Australia

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

E

Escalada

Bakersfield, CA, United States

R

rossgarlick

United States

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$153.24

Amount remaining

$0.00

Date repaid

Jul 15, 2014

Status

Fully repaid

Repayment History

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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