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

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Summary

Amount repaid

$262.45

Amount remaining

$0.00

Date repaid

Nov 19, 2012

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 5, 2012 $23.85 Mar 4, 2012 $23.81
Apr 9, 2012 $0.04
Apr 5, 2012 $23.85 Apr 9, 2012 $23.77
May 7, 2012 $0.07
May 5, 2012 $23.85 May 7, 2012 $23.85
Jun 5, 2012 $23.85 May 7, 2012 $23.85
Jul 5, 2012 $23.85 May 7, 2012 $23.85
Aug 5, 2012 $23.85 May 7, 2012 $23.85
Sep 5, 2012 $23.85 May 7, 2012 $23.60
Jun 7, 2012 $0.25
Oct 5, 2012 $23.85 Jun 7, 2012 $23.56
Jul 5, 2012 $0.29
Nov 5, 2012 $23.85 Jul 5, 2012 $23.85
Dec 5, 2012 $23.85 Jul 5, 2012 $23.49
Aug 19, 2012 $0.36
Jan 5, 2013 $23.85 Aug 19, 2012 $23.45
Nov 19, 2012 $0.39

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