Home made solar water heater

Peter

Naromoru, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

September 2017

On-time repayments

64 installments  •  84%

About Me

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.

My Business

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.

Loan Proposal

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.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$90.00

Date disbursed

May 1, 2018

Repayment status

On Time

Projected term

8 weeks

Lenders

Paul Buchheit

Mountain View, United States

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

Loading...

Loading...

Loading...