Purchase a wood cutting machine for furniture production

Saul

Kakamega, Kenya

0% repaid

Entrepreneur

Name

Saul

Member since

April 2014

On-time repayments

204 installments  •  3%

About Me

my names are saul katamu.i am married with three children two are in lower primary school in kakamega primary school.my self i did not completed high school but i dropped out school from form three.i later joined polytechnic where i learned to make furniture and do constructing of houses but also we own an mpesa which is doing well but just 2months from service.
currently i am doing these work mostly at home as i have not acquired enough capital to own a workshop.
mostly i am being called to construct houses e.g house i.e from from the foundation to completion.
from these and our 2months old mpesa run by my wife we have been able to manage our family, school of our children and also expand my work own carpentry by acquiring the tools for my work .

My Business

Entirely we both depend on our business right from the mpesa and from the carpentry of furniture and construction.these will allow us pay the loan if i succeeded for the loan.
I normally called severally as my work has also been good ans due to the fact that i am a church committee in kakamega which i ope very soon i will also be serving God as a pastor.i am also very talented in singing and i mostly sing sing during our church services and when attending invited meetings.
I would to request a loan from the lenders so that i will be able to to rent a workshop in kakamega an during the times i will not be constructing i will be in the workshop doing some chairs,beds etc hence turn my home workshop to a good workshop in town.
These are goods in demand and USD 150 will comfortably allow me to pay deposit and rent at the same time.
Normally i personally go and agree with the customer on the amount he/she wants to pay me as per the size of the house like ,building a house of 16 iron sheets i require USD of about 100 as i will also pay my workers who will assist me.
every month on good days i get over USD 400 and the mpesa is about us150 on net as it is still new too.
my first zidisha loan will be used to acquire a workshop in the Town.

Loan Proposal

Thank you zidisha and zidisha lenders for doing wonderful to me as you have made me to have my own workshop and here again to go a step forward.
my second zidisha loan will be used to purchase log splitter which i have been dreaming to acquire for a while.a wide range is available but i will purchase one costing USD 300.These acts multipurpose for cutting both logs and timbers at a faster rate.
i will also add timber smoother and a handsaw due to the demand as i have moved to town due to my first zidisha loan which will both range for USD 210.
I will apportion the remaining to our newly improving mpesa for mobile money transfer.
I will trully appreciate the assistance that so far changed my life.
Thank you so much lenders and zidisha micro finance,live long and God bless you!

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$635.00

Date disbursed

May 27, 2014

Repayment status

Late

Projected term

46 months

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Tmann

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EricDWalters

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fairspirit

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Hedwich

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Zal0m0n

Atlantis!!!! x), Mauritania

JFais

Atlanta, United States

Sarasota

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Z

zvrk2014

Brookline, MA, United States

Matching Fund

Sterling, United States

larry

Sweden

Ask Saul a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Hedwich    Jan 2, 2015

    Hi Saul,

    It's been a while since we've last heard from you. Could you provide us with an update on your situation?

    Hedwich

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  • Wilberforce    Oct 29, 2014

    Hallo Saul Katamu, please make an effort to clear your name. and more so, learn to be principled always because money is not everything, you can do it for your life and future. wish you the best.

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  • Simon    Oct 27, 2014

    Please am doing all i could to make sure we get other phone numbers and also the problem he has since then.

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  • JFais    Sep 23, 2014

    Hope whatever problems there are are being taken care of and solutions provided soon! all the best.

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  • Valentine    Sep 7, 2014

    Dear Saul it's good that we share with you some lenders and i believe they are not happy when you are not making any payment.Please kindly communicate with them they will be happy and understand your situation.

    Thank you

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  • Simon    Aug 14, 2014

    doing all i could to get him come back to track please.

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  • Opulo    Jul 29, 2014

    hey,my loan after it was funded it was declined i would like to know what was wrong coz this is really weaired with this zidisha staff.

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  • Saul    Jul 19, 2014

    dear lenders,
    yesterday ,i managed to pay for the workshop=deposit and rent.i was so grateful my dreams are now coming to pass.today i am taking my tools and furniture's which were at home to the shop.i am also making the workshop good as it will act as my office where i will be getting orders s from.
    i will be starting my payments next week as i have been working on these up to today.
    Thank you very much.
    saul

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  • Saul    Jul 1, 2014

    Dear lenders,
    my mpesa account has been having an issues but i have started my loan using my other number may be as i await my account to be restored due to my phone loss.
    Thank you.
    SAUL

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  • Saul    Jun 20, 2014

    dear lenders,
    yesterday ,i managed to pay for the workshop=deposit and rent.i was so grateful my dreams are now coming to pass.today i am taking my tools and furniture's which were at home to the shop.i am also making the workshop good as it will act as my office where i will be getting orders s from.
    i will be starting my payments next week as i have been working on these up to today.
    Thank you very much.
    saul

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  • Jackline    Jun 4, 2014

    Hey, my loan for now 2days its only funded 2%, Kindly help me out and tell me where I got wrong.

    Regards.

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  • Stella    May 28, 2014

    hey,katam my name is stella and l have been told that my account does not qualify what is the way foward.
    kind regards.
    stella ondari.

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  • JFais    May 25, 2014

    well done Saul. All our energy its with you. hugs from Peru

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    • Saul    May 26, 2014

      Thank you so much JFais for completing my loan.i was very happy and surely only God will bless you and also the other lenders who has contributed to my success and also to the second loan.
      i wish you a very lovely week i ope we will be conversing to know also how i will be progressing in my future projects.
      best,
      saul.

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  • Saul    May 20, 2014

    Thank you zidisha and zidisha lenders for doing wonderful to me as you have made me to have my own workshop and here again to go a step forward.
    my second zidisha loan will be used to purchase log splitter which i have been dreaming to acquire for a while.a wide range is available but i will purchase one costing USD 300.These acts multipurpose for cutting both logs and timbers at a faster rate.
    i will also add timber smoother and a handsaw due to the demand as i have moved to town due to my first zidisha loan which will both range for USD 210.
    I will apportion the remaining to our newly improving mpesa for mobile money transfer.
    I will trully appreciate the assistance that so far changed my life.
    Thank you so much lenders and zidisha micro finance,live long and God bless you!

    Log in to reply • Share
  • Saul    May 20, 2014

    These is the structure of our mpesa(outside with advertising blink showing MPESA )

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  • Saul    May 20, 2014

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  • Saul    May 8, 2014

    hi lenders,yesterday i made my payment of usd 32.I am very happy your support.i now have a good workshop and i realized working at home was really a bad idea.i am now getting good orders as currently i am building an house in malaba and by weekend i should be done as i also have one order pending.both these came as a result of having the workshop at the town.
    very happy lenders,God bless the work you have done to me.
    SAUL

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  • Saul    Apr 17, 2014

    dear lenders,
    yesterday ,i managed to pay for the workshop=deposit and rent.i was so grateful my dreams are now coming to pass.today i am taking my tools and furniture's which were at home to the shop.i am also making the workshop good as it will act as my office where i will be getting orders s from.
    i will be starting my payments next week as i have been working on these up to today.
    Thank you very much.
    saul

    Log in to reply • Share


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