Julius Mburu

Kimangu Village Rongai Town, Kenya

100% repaid

Entrepreneur

Name

Julius Mburu

Member since

October 2011

On-time repayments

40 installments  •  63%

About Me

Born in1974 in Rongai division Nakuru county. I started my primary education from 1980 to 1989 at Rongai Primary school. I didnt joined secondary school but I was lucky for I was trained how to do welding in 1990. I was employed after my course for 4years and in 1995 I started my own business which I am doing up to date. I got married to Gladys Wairimu in 1992 and we have been blessed with 5 children (1girl and 4boys) I do live in Jamii Estate face 2 plot no. 29 Venessa girls road in Visoi location, Rongai division Rongai district Nakuru county. From my business I manage to support my family.

My Business

From 1995 I been doing my business of welding and i do love it. Because of great experience I have, people come to me for the quality work. Although there is competition, but I do do timing and giving quality work and it do attract alot of customers. The risk which I normally face is shortage of electricity. Monthly expenses is paying of materials, paying of power, house rent among other things.
It really support my family and that is why I called my business JUHUDI WELDERS situated at St. Maria street in Rongai town.

Loan Proposal

i will use the loan given to buy more material for my work as i have been given some contracts to make windows and doors for some schools which are in the process of increasing the number of classes,i have also been given another contract by mama ngina Kenyatta secondary to make some new chairs for the students who will be joining form one next year as the available ones will not be enough as the have increased the no. of streams.i will be grateful for your funds.thanks in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$879.25

Date disbursed

Jan 4, 2013

Repayment status

On Time

Projected term

17 months

Cost to entrepreneur

Lender interest: $879.25 at 4.36% annual rate over 17 months = $55.37

Service fee: $44.83

Lenders

T

Tmann

Los Angeles, United States

Charmonica

London, United Kingdom

Rdcmole

Cincinnati, United States

W

Withnail

Reading, United Kingdom

Kjartan

Oslo, Norway

Cordula

Cologne, Germany

dajawein

Gladstone, Australia

Sundstroms

Falun, Sweden

R

RichardH

Manchester, United Kingdom

J

Jeb33red

Bourne end, United Kingdom

Creole1

Mobile, Alabama, United States

A

aiban

Austin, United States

J

Joyful4

Plano, United States

S

samuk

Nottingham, United Kingdom

D

davide

Vallentuna, Sweden

J

JKain317

West Seneca, United States

Jouni

Finland

A

Austin

Long Beach, United States

Levanticus

Epsom, United Kingdom

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