Light construction equipment

Charles

Ongata Rongai., Kenya

46% repaid

Entrepreneur

Name

Charles

Member since

April 2014

On-time repayments

93 installments  •  32%

About Me

I'm male borne in a family of seven as the third born. Raised in a Christian family and of high discipline . I was trained in NYS of Kenya which is military oriented and did a course in Building construction. I have worked in several Countries and have hands on experience on this line. I now own a small sub contracting company in Kenya with a registered name as Chaimstone Builders Ltd. I hope to expand it to an international company if all goes well with me.

My Business

I am now employed as a site supervisor to constitution site where I earn USD 100 per week. This field is growing very first and need proper equipment in order to compete with other contractors. The field is reach with potential developeers as population is growing every day and people need to be housed.My Monthly total earning is about USD 500 minus the money I will be getting when I will be hiring my own tools and equipment to other contractors. My clients trust me for I have a record of clean work, cost effective, genuine and very reliable when contracted.

Loan Proposal

I need this loan to purchase a concrete mixer which when I combine with the poker vibrator will be hired out at a total amount of USD 74 per day of work.
In a week this machine can go out at an average of 3 days relating to USD 222 per week and USD 888 per Month..
There is a big demand for housing in developing Countries hence promising market for builders and developers.
This can be supported by UN Habitat report which is released yearly.
Later will need to acquire a Concrete hoist for I to be able to hire out a full set of concreting equipment hence good money in returns.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$464.00

Date disbursed

Aug 13, 2014

Repayment status

Late

Projected term

19 months

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

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  • guenter    Aug 22, 2015

    Dear Charles,
    any news for us, please?

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  • Charles    Mar 29, 2015

    Hi Team Zidisha
    I hope all is well. Have been away for a while but am now back and is hoping to repay my loan in full as quick as possible. I apologize for the delayed payment . Kind regards
    Charles Okinda

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    • guenter    Apr 4, 2015

      Dear Charles,
      thank you for your information! Really appreciated.

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  • guenter    Mar 14, 2015

    Dear Charles,
    you are late with your repayments. Do you have any news for us, please?

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    • Charles    Mar 29, 2015

      Dear Guenther.
      Am sorry for I was away from my home network but as at now you will realise of coming back on track pleade

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  • Charles    Nov 11, 2014

    Dear Zidisha.
    I here by request to reduce my instalments from 1438 to 500 due to some financial crisis cost by hospitalization of my child. I had to get another loan to assist me in settling the hospital bills hence paying 2 loans . hope you will bear with me.
    I there for promise to pay my loan installments on time to retain my on time payment status as before to enable me retain my status.
    Kind regards
    Charles Okinda

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  • Charles    Aug 13, 2014

    Am once again very humbled to say thank you o Zidisha family and those all that trusted me with their funds. I promise to worm very hard to achieve all that my dreams have been to. Thank you very much.

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  • Charles    Aug 12, 2014

    Am very thankful to the lenders and Zidisha family as whole. I have faith and hope that my loan is going to be fully implemented within the two days remaining.
    Thank you all.

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  • Charles    May 22, 2014

    Am very very thankful to Zidisha for have fully funded my loan. I readily purchase the poker horse and is now able to hire the machine once again . Zidisha is a true financial help and with no pressure like other financial institutions.

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  • Charles    May 3, 2014

    Am very grateful and humble .Thanks Zidisha team for fully funding my loan.

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  • Charles    Apr 25, 2014

    Thank you guys who are funding me. I still pray for more.

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