Robinson
Landmawe Estate, Nairobi., Kenya
1% repaid
Name
Robinson
Member since
January 2014
On-time repayments
218 installments • 1%
my name is Ngechu Robinson Irua. i am 24 years old and and i live in nairobi town, kenya. i am the last born from afamily of seven. my family lives upcountry and depend on farming as a source of livelihood from our two acre piece of land. i have studied electrical engineering and pending graduation later this year. i am a hardworking, God fearing young man ambitious of achievemement. i have a wide knowledge on electronics and is for this reason i want to to advance in electronic installations in vehicles such as stereos, alarm systems and cutouts and alcohol blows. these devices are readily available but lack expertees to install them in vehicles
the business deals with buying vehile electronic accecessories and selling them to customers plus installations and repairs. i deposit two thousands kenyan shillings every week to repay the loan. per day i attend five to ten customers whom i charge a service charge of 500nkenyan shillings each. there is a government directive to stop drunk drivers and public service vehicles, instituional vehicles and also private vehicles require these devices interfaced with the ignition sysytem such that the car cannot start when started by a drunk driver
I WILL USE THE LOAN TO BUY ALARMS AND WIRES, RADIOS AND CUTOUTS TO BE INSTALLED IN VEHICLES, EITHER PUBLIC SERVICE VEHICLES, PRIVATE CARS OR INSTITUTIONAL VEHICLES. THE COST OF THE ITEMS IS AS FOLLOWS
ALCOHOL BLOW 2500KSH
WIRE PER METER 50KSH (100M = 5000KSH)
ALARM SYSTEM 3000KSH
CUTOUT 1000KSH
THE SELLING PRICE PLUS SERVICE CHARGE OF THE ABOVE ITEMS WILL BE
ALCOHOL BLOW 4000KSH
WIRE PER METER 75KSH
ALARM SYSTEM 5000KSH
CUTOUT 3000KSH
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 11, 2014
Repayment status
Late
Projected term
50 months
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