Name
Vitalis
Member since
December 2011
On-time repayments
40 installments • 50%
I am married with four children.i live in ruai,embakasi next to a chiefs office.I am a business man dealing with metal fabrication under foxfarm general agerncies.I started business because of the expenses and university fees for my children .With the earnings i get, i buy machines like recently i bought 3 welding machines worth 130,000,2 grinding machines worth 45,000,1 drilling machine 11,000 and working stock(metals) worth 50,000.I train youths on metal works e.g in fabricating gates, doors, windows ,grills,stairs,tables,stools and general welding
metal fabrication is very important in domestic use thus leading to an increase in the demand of my products .we provide our customers with very good finishing and my supervision is good and the fact that we have minimum repeat jobs.We also have proper security and some of my finished goods i transport them to my residential home(own home).my typical monthly typical costs are around 100,000( without net of labour , rent and power which is about 60,000) thus leaving me with 40,000
If granted the loan,i will do the following
replace one old welding machine @ kshs 30,000
add one more grinding machine @kshs 20,000
The rest kshs 50,000 will be used to buy working stock/materials for metal fabrication .
This is to inform you that since my previous loan which i got in January,2012 from Zidisha Inc., my business has grown two fold(doubled). And now i have more customers than before.I believe that the next loan will boost my business probably to three times.
Positive
13
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,200.00
Date disbursed
Nov 14, 2012
Repayment status
On Time
Projected term
12 months
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Amount repaid
$1,304.04
Amount remaining
$0.00
Date repaid
Sep 4, 2013
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 15, 2012 | $100.31 | Dec 14, 2012 | $100.31 |
Dec 15, 2012 | $100.31 | Dec 14, 2012 | $9.21 |
Jan 29, 2013 | $59.52 | ||
Jan 30, 2013 | $31.57 | ||
Jan 15, 2013 | $100.31 | Jan 30, 2013 | $0.57 |
Feb 13, 2013 | $59.52 | ||
Feb 15, 2013 | $40.21 | ||
Feb 15, 2013 | $100.31 | Feb 15, 2013 | $1.45 |
Mar 19, 2013 | $98.86 | ||
Mar 15, 2013 | $100.31 | Mar 19, 2013 | $2.33 |
Apr 29, 2013 | $35.71 | ||
May 13, 2013 | $47.62 | ||
May 29, 2013 | $14.64 | ||
Apr 15, 2013 | $100.31 | May 29, 2013 | $21.07 |
Jun 1, 2013 | $36.90 | ||
Jun 5, 2013 | $42.33 | ||
May 15, 2013 | $100.31 | Jun 5, 2013 | $5.29 |
Jun 16, 2013 | $35.71 | ||
Jun 21, 2013 | $47.62 | ||
Jun 28, 2013 | $11.69 | ||
Jun 15, 2013 | $100.31 | Jun 28, 2013 | $35.93 |
Jun 29, 2013 | $64.38 | ||
Jul 15, 2013 | $100.31 | Jun 29, 2013 | $1.10 |
Jul 5, 2013 | $41.67 | ||
Jul 11, 2013 | $47.62 | ||
Jul 13, 2013 | $9.93 | ||
Aug 15, 2013 | $100.31 | Jul 13, 2013 | $2.40 |
Aug 14, 2013 | $59.52 | ||
Aug 16, 2013 | $38.38 | ||
Sep 15, 2013 | $100.31 | Aug 16, 2013 | $0.90 |
Sep 4, 2013 | $99.40 | ||
Oct 15, 2013 | $100.31 | Sep 4, 2013 | $100.31 |
Nov 15, 2013 | $100.31 | Sep 4, 2013 | $38.38 |
Sep 4, 2013 | $61.90 |
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