John
Kiptagwanyi Kenya, Kenya
100% repaid
Name
John
Member since
July 2012
On-time repayments
243 installments • 52%
My name is John ndegwa, in our language kikuyu in Kenya, the word ndegwa means a bull cow. I'm the third child in my late father's family. My both parents died late 80s. I helped to raise my youngest brother and sisters who were left by our parents when young. Having not being Soo much educated I didn't get a good job, so I became just a business man.
I'm a young contactor in building. I started the business due to my talent in building since from school. During my learning in school, there was a subject taught known as art and craft. I learned to build walls made of mud bricks in school. This is how I got interested in massonary work. Later, when I grew up, I started building houses for payment to people in my neighborhood. It later came to be my eaning business. It has helped me to raise a family.
With the loan I'm going to buy 8 new wheelbarrows for renting. It will be pay me much because one wheelbarrow is paid 300 sh per day. The profit got will be added to profit got from other machines to bring much payment to help paying the loan.
This wheelbarrows will make more earnings. I have done enough research and found that given good management together with other machines the profit will be enough to pay my loan. This will attract many customers because it simple to rent one than to buy. It is simple to maintain them because they need little maintenance.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$435.00
Date disbursed
Nov 7, 2020
Repayment status
On Time
Projected term
2 months
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Amount repaid
$435.05
Amount remaining
$0.00
Date repaid
Jan 29, 2021
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 14, 2020 | $36.26 | Nov 14, 2020 | $36.26 |
Nov 21, 2020 | $36.26 | Nov 21, 2020 | $36.26 |
Nov 28, 2020 | $36.26 | Nov 29, 2020 | $36.26 |
Dec 5, 2020 | $36.26 | Dec 4, 2020 | $36.26 |
Dec 12, 2020 | $36.26 | Dec 15, 2020 | $36.26 |
Dec 19, 2020 | $36.26 | Dec 16, 2020 | $36.26 |
Dec 26, 2020 | $36.26 | Jan 13, 2021 | $36.26 |
Jan 2, 2021 | $36.26 | Jan 13, 2021 | $36.26 |
Jan 9, 2021 | $36.26 | Jan 13, 2021 | $36.26 |
Jan 16, 2021 | $36.26 | Jan 16, 2021 | $36.26 |
Jan 23, 2021 | $36.26 | Jan 23, 2021 | $36.26 |
Jan 30, 2021 | $36.22 | Jan 29, 2021 | $36.22 |
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