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

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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

Other loans

Lenders

T

Tmann

Los Angeles, United States

EricDWalters

Rochester, Mn, Usa, United States

fairspirit

Utrecht, Netherlands

Hedwich

Gorssel, Netherlands

Zal0m0n

Atlantis!!!! x), Mauritania

JFais

Atlanta, United States

Sarasota

Sarasota, Fl, United States

Z

zvrk2014

Brookline, MA, United States

Matching Fund

Sterling, United States

larry

Sweden

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Summary

Amount repaid

$3.59

Amount remaining

$793.46

Expected completion

Mar 26, 2018

Status

Repaying late

Installment amount

$4.12

Repayment History

Expected Payments Actual Payments
Jun 9, 2014 $0.00
Jun 16, 2014 $0.00
Jun 23, 2014 $3.59 Jul 1, 2014 $3.59
Jun 30, 2014 $0.00
Jul 7, 2014 $0.00
Jul 14, 2014 $0.00
Jul 21, 2014 $4.12
Jul 28, 2014 $4.12
Aug 4, 2014 $4.12
Aug 11, 2014 $4.12
Aug 18, 2014 $4.12
Aug 25, 2014 $4.12
Sep 1, 2014 $4.12
Sep 8, 2014 $4.12
Sep 15, 2014 $4.12
Sep 22, 2014 $4.12
Sep 29, 2014 $4.12
Oct 6, 2014 $4.12
Oct 13, 2014 $4.12
Oct 20, 2014 $4.12
Oct 27, 2014 $4.12
Nov 3, 2014 $4.12
Nov 10, 2014 $4.12
Nov 17, 2014 $4.12
Nov 24, 2014 $4.12
Dec 1, 2014 $4.12
Dec 8, 2014 $4.12
Dec 15, 2014 $4.12
Dec 22, 2014 $4.12
Dec 29, 2014 $4.12
Jan 5, 2015 $4.12
Jan 12, 2015 $4.12
Jan 19, 2015 $4.12
Jan 26, 2015 $4.12
Feb 2, 2015 $4.12
Feb 9, 2015 $4.12
Feb 16, 2015 $4.12
Feb 23, 2015 $4.12
Mar 2, 2015 $4.12
Mar 9, 2015 $4.12
Mar 16, 2015 $4.12
Mar 23, 2015 $4.12
Mar 30, 2015 $4.12
Apr 6, 2015 $4.12
Apr 13, 2015 $4.12
Apr 20, 2015 $4.12
Apr 27, 2015 $4.12
May 4, 2015 $4.12
May 11, 2015 $4.12
May 18, 2015 $4.12
May 25, 2015 $4.12
Jun 1, 2015 $4.12
Jun 8, 2015 $4.12
Jun 15, 2015 $4.12
Jun 22, 2015 $4.12
Jun 29, 2015 $4.12
Jul 6, 2015 $4.12
Jul 13, 2015 $4.12
Jul 20, 2015 $4.12
Jul 27, 2015 $4.12
Aug 3, 2015 $4.12
Aug 10, 2015 $4.12
Aug 17, 2015 $4.12
Aug 24, 2015 $4.12
Aug 31, 2015 $4.12
Sep 7, 2015 $4.12
Sep 14, 2015 $4.12
Sep 21, 2015 $4.12
Sep 28, 2015 $4.12
Oct 5, 2015 $4.12
Oct 12, 2015 $4.12
Oct 19, 2015 $4.12
Oct 26, 2015 $4.12
Nov 2, 2015 $4.12
Nov 9, 2015 $4.12
Nov 16, 2015 $4.12
Nov 23, 2015 $4.12
Nov 30, 2015 $4.12
Dec 7, 2015 $4.12
Dec 14, 2015 $4.12
Dec 21, 2015 $4.12
Dec 28, 2015 $4.12
Jan 4, 2016 $4.12
Jan 11, 2016 $4.12
Jan 18, 2016 $4.12
Jan 25, 2016 $4.12
Feb 1, 2016 $4.12
Feb 8, 2016 $4.12
Feb 15, 2016 $4.12
Feb 22, 2016 $4.12
Feb 29, 2016 $4.12
Mar 7, 2016 $4.12
Mar 14, 2016 $4.12
Mar 21, 2016 $4.12
Mar 28, 2016 $4.12
Apr 4, 2016 $4.12
Apr 11, 2016 $4.12
Apr 18, 2016 $4.12
Apr 25, 2016 $4.12
May 2, 2016 $4.12
May 9, 2016 $4.12
May 16, 2016 $4.12
May 23, 2016 $4.12
May 30, 2016 $4.12
Jun 6, 2016 $4.12
Jun 13, 2016 $4.12
Jun 20, 2016 $4.12
Jun 27, 2016 $4.12
Jul 4, 2016 $4.12
Jul 11, 2016 $4.12
Jul 18, 2016 $4.12
Jul 25, 2016 $4.12
Aug 1, 2016 $4.12
Aug 8, 2016 $4.12
Aug 15, 2016 $4.12
Aug 22, 2016 $4.12
Aug 29, 2016 $4.12
Sep 5, 2016 $4.12
Sep 12, 2016 $4.12
Sep 19, 2016 $4.12
Sep 26, 2016 $4.12
Oct 3, 2016 $4.12
Oct 10, 2016 $4.12
Oct 17, 2016 $4.12
Oct 24, 2016 $4.12
Oct 31, 2016 $4.12
Nov 7, 2016 $4.12
Nov 14, 2016 $4.12
Nov 21, 2016 $4.12
Nov 28, 2016 $4.12
Dec 5, 2016 $4.12
Dec 12, 2016 $4.12
Dec 19, 2016 $4.12
Dec 26, 2016 $4.12
Jan 2, 2017 $4.12
Jan 9, 2017 $4.12
Jan 16, 2017 $4.12
Jan 23, 2017 $4.12
Jan 30, 2017 $4.12
Feb 6, 2017 $4.12
Feb 13, 2017 $4.12
Feb 20, 2017 $4.12
Feb 27, 2017 $4.12
Mar 6, 2017 $4.12
Mar 13, 2017 $4.12
Mar 20, 2017 $4.12
Mar 27, 2017 $4.12
Apr 3, 2017 $4.12
Apr 10, 2017 $4.12
Apr 17, 2017 $4.12
Apr 24, 2017 $4.12
May 1, 2017 $4.12
May 8, 2017 $4.12
May 15, 2017 $4.12
May 22, 2017 $4.12
May 29, 2017 $4.12
Jun 5, 2017 $4.12
Jun 12, 2017 $4.12
Jun 19, 2017 $4.12
Jun 26, 2017 $4.12
Jul 3, 2017 $4.12
Jul 10, 2017 $4.12
Jul 17, 2017 $4.12
Jul 24, 2017 $4.12
Jul 31, 2017 $4.12
Aug 7, 2017 $4.12
Aug 14, 2017 $4.12
Aug 21, 2017 $4.12
Aug 28, 2017 $4.12
Sep 4, 2017 $4.12
Sep 11, 2017 $4.12
Sep 18, 2017 $4.12
Sep 25, 2017 $4.12
Oct 2, 2017 $4.12
Oct 9, 2017 $4.12
Oct 16, 2017 $4.12
Oct 23, 2017 $4.12
Oct 30, 2017 $4.12
Nov 6, 2017 $4.12
Nov 13, 2017 $4.12
Nov 20, 2017 $4.12
Nov 27, 2017 $4.12
Dec 4, 2017 $4.12
Dec 11, 2017 $4.12
Dec 18, 2017 $4.12
Dec 25, 2017 $4.12
Jan 1, 2018 $4.12
Jan 8, 2018 $4.12
Jan 15, 2018 $4.12
Jan 22, 2018 $4.12
Jan 29, 2018 $4.12
Feb 5, 2018 $4.12
Feb 12, 2018 $4.12
Feb 19, 2018 $4.12
Feb 26, 2018 $4.12
Mar 5, 2018 $4.12
Mar 12, 2018 $4.12
Mar 19, 2018 $4.12
Mar 26, 2018 $2.87

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