Stephen

Kiptangwanyi, Kenya

40% repaid

Entrepreneur

Name

Stephen

Member since

December 2011

On-time repayments

24 installments  •  21%

About Me

I am married with five children who are all schooling. I live in kiptangwanyi shopping centre where my business is situated. I reside in my own piece of land which is about one km from the centre. My plot number of my land is number 936. Kiptangwanyi shopping centre is about 43km from Nakuru. This is where my business that deals with woodwork is situated. I make goods such as tables, stools, cupboards, beds, sofa sets and other wood products.

My Business

My business entails a workshop that sells wood products. there is very high demand of these commodities as we supply them to neighbouring towns such as Nakuru, Njoro and Gilgil. The challenges that my business face are transport difficulties, high electricity costs, lack of raw materials.

Loan Proposal

I would like to buy two machines that will assist me a lot in the work that I do. The first machine that I would like to purchase is a less machine. This machine is used in rolling legs for tables and beds. The other machine that I would like to buy is bird machine. This is used for designing and making curves in timber. These two machines will enable me to improve the quality of the products that I make for my customers

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$849.00

Date disbursed

Jan 12, 2012

Repayment status

Late

Projected term

25 months

Lenders

joerg

Berlin, Germany

A

Anninymouse

Southampton, United Kingdom

M

mikedufty

Perth, Australia

E

Errol

Bradenton, FL, United States

Feldborg

Stuttgart, Germany

S

snowcrystal86

New York, United States

S

Spock

Koeln, Germany

EricDWalters

Rochester, Mn, Usa, United States

Aahz

Manchester, United States

J

johan

Oslo, Norway

M

MiguelGago

Guimarães, Portugal

tycho

Madison, WI, United States

PaulE

Cockeysville, MD, United States

W

Witlof

Tsukuba, Japan

DuAel

Orvault, France

V

vamPierchen

Luxembourg, Luxembourg

S

slamarca

Caserta, Italy

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