Name
Peter
Member since
September 2017
On-time repayments
64 installments • 84%
My name is Peter Gatundu.I like environment conservation.My goals is is to start affordable solar water heater project and indigenous tree nursery.I have three boys.First born would like to be a pilot. Second born would like to join military.
I have second hand shoes business.I buy them from Nairobi and sell them in Nanyuki town.On an average I make about 800 shillings a day.I also do taxi work when shoes business I down.I grow my most of the food in my farm and the extra I sell them in Naromoru And Nanyuki town.So this adds 500 shillings to my daily earnings.
I will use the new loan to improve my solar water heater so that it will be as perfect as possible by the time it goes out to customers.
First I will raise the water heater 8 feet high so that it get the sunshine earlier in the morning and very late in the afternoon.
I will also use the loan to advance the insulation around the storage tank.
I will buy six poles at 5 dollars each =30 U.S dollars.6 plain wood 2 by 6 and 5 feet long=25 dollars. 4 kilos of fibre grass at tatol of 10 dollars.200 liters water tank to go over the 100 liters tank.In between the two tanks is where the fibre grass will go.The tank cost will 20 dollars.floater will be 10 dollars and transport will be 10 dollars.Thank you again for your help.
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Project Type
Classic Loan
Disbursed amount
$90.00
Date disbursed
May 1, 2018
Repayment status
On Time
Projected term
8 weeks
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