Welding business

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 money to buy one welding-machine.

Feedback

10

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$247.77

Date disbursed

Jan 5, 2012

Repayment status

On Time

Projected term

12 months

Cost to entrepreneur

Lender interest: $247.77 at 0.88% annual rate over 12 months = $2.18

Service fee: $8.64

Lenders

M

mikedufty

Perth, Australia

Sideburnjack

Conroe, TX, United States

F

Fabrizio

Grottaferrata, Italy

S

Spock

Koeln, Germany

EricDWalters

Rochester, Mn, Usa, United States

CaseySampson

Vancouver, Canada

B

bdavidn

Boulder, United States

torelizer

Reggio Emilia, Italy

M

MarkAndMary

Seattle, United States

M

michael

Mornington, Australia

tycho

Madison, WI, United States

mbunifu

San Jose, United States

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

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  • Julius Mburu    May 28, 2016

    Hi lenders
    I hope all of you are in good state. I am determined to complete the loan repayment though I am behind on schedule. I encountered a few problems here and there but I am now stable. It has always been great working alongside your assistance.

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  • flaguy999    Feb 23, 2015

    Thanks for the update.

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  • Lawrence Njuguna    Feb 20, 2015

    hi lenders
    I have just talked with Julius and he is waiting on some cash from somewhere to clear the entire loan .

    regards
    VM

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  • Lawrence Njuguna    Dec 31, 2014

    hi lenders
    julius is out of town for the festive season but he said he is commited
    to finishing his entire loan

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  • Lawrence Njuguna    Nov 24, 2014

    hi lenders i have called julius and he said he has been trying to reschedule with no avail i have told him to send me his logins i assist him today
    he said he will send today at 5pm

    regards.
    lawrence

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  • Lawrence Njuguna    Oct 2, 2014

    Hi lenders ?
    I have just called Mburu and he has opted to reschedule his loan from 1546 to 500 Kshs. Weekly..he has promised to update today evening.

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    • McDermotts    Oct 10, 2014

      Hi, thank you for staying in touch with Julius, he clearly needs our understanding right now while he gets back up to speed. I do hope the new loan level is sufficiently affordable for him.

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    • Julius Mburu    Oct 11, 2014

      thank you lawrence njuguna for the quick reply and understanding to lenders be blessed.

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  • McDermotts    Sep 24, 2014

    Dear Julius,

    I hope all is well with you and your family and that the business continues to prosper. Is there any problem with your repayments? Please could we have an update.

    Thanks

    Jim

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    • Julius Mburu    Oct 2, 2014

      all is well with me though i have been having problems with my bussiness though now am well an up and ready to continue with my payments,sorry for late reply

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  • Julius Mburu    Jul 25, 2014

    dear lenders
    thank you for your continued support,be blessed
    julius ngare.

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  • Julius Mburu    Jul 24, 2014

    dear lenders
    thank you all lenders who have participated in funding my loan may God bless you all.
    good evening.
    julius ngare.

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  • Julius Mburu    Jul 24, 2014

    dear lenders
    thank you all lenders you have been grateful in helping me may God bless you all, now i can see my bussiness prosper from the help you having been giving me from the start.

    julius ngare.

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  • Julius Mburu    Jul 24, 2013

    The earlier amount that i had proposed to pay with was a great challenge on my side than i had thought of before. this is because am a family man and am depended upon by my family to pay their fees and also their daily needs. currently there has been a fluctuating payments but am doing my level best to repay the loan in due time.Due to the change of expected monthly income i have decided to change my monthly installment rate to a value that balance between my loan repayment and basic needs. with the new proposed value i believe i will be able to repay the loan without any delays because that amount will give me space to cater also for my family's basic needs. i hope you will look upon my case and help me change my monthly installments to the value i have proposed so that i can be able to pay the loan in the right duration.

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  • Julius Mburu    Jan 2, 2013

    Am thankful to all who have funded my loan,i wish every one a prosperous year and God bless you

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  • torelizer    Oct 19, 2012

    Well, he paid everything ahead of schedule, great!

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    • torelizer    Nov 7, 2012

      why isn't this marked as closed? It was all paid back, I want to leave a good feedback :)

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    • torelizer    Nov 7, 2012

      why isn't this marked as closed? It was all paid back, I want to leave a good feedback :)

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      • tycho    Nov 8, 2012

        I think probably because there's 42 cents still outstanding. I'm unsure what the reason for that is - Julius seems to be eager to pay things back, so perhaps an inflation issue or something? Anyway, I agree, some comment from the Zidisha staff is warranted at this point.

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  • AchintyaRai    May 14, 2012

    Hello lenders,

    My name is Achintya RAI. On 28th March 2012 I visited Julius Ngare Mburu in Rongai area of Nakuru.

    Julius owns a welding and general fabrication shop in Rongai Center. He makes windows, gates and doors of steel on order. He also does some roofing work where he goes to the customer site to repair/make the roof. For most of his work he buys the steel and the supplies and charges the customer on completion of the order. He also has a small plot for horticulture where he grows vegetables.

    Julius took a Zidisha loan to buy a grinder machine (called ‘angle grinder’ on Wikipedia), which is essential to his operations and used the remaining amount to pay the fees of his children. He was able to improve his business because of this investment and has already planned what he will do with his next Zidisha loan.

    Julius earlier used batteries to operate his welding machine but now there is electricity in Rongai and the supply is quite reliable. He told me that even though there are daily power cuts, they are not for long and thus don’t affect his business. With the next loan Julius wants to buy a battery-charging machine, which he could use to generate extra income by charging batteries for cars and motorbikes.

    Julius has four children. He has studied till standard-8. His wife has studied till form-2 (which is 2 classes higher than standards 8). This is quite common in Kenya. Many women are better educated than their husbands and almost all women have independent sources of income. This not only supplements the family income but also makes the women independent.

    Julius’ shop’s name is ‘Juhudi Welders’. Julius explained to me that ‘Juhudi’ means encouraging or working hard. What he was doing indeed looked like very hard work. I wish him and his family all the luck for the future

    Achintya
    14th May 2012

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  • Julius Mburu    Nov 10, 2011

    I,M VERY GLAD TO BE INTRODUCED TO YOU, BY ONE OF YOU,RE MEMBER SAMMYNGANGAKANNJA.

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