Loan to buy working tools for my business - a wood drill

Lincoln

Kinoo, Kenya

8% repaid

Entrepreneur

Name

Lincoln

Member since

December 2014

On-time repayments

53 installments  •  4%

About Me

I am the sixth-born in a family of nine and a 36 years old father of two.

I was born and raised in Embu, a rural area in Eastern Province of Kenya, but I moved and settled in Kinoo, in the outskirts of Nairobi, initially being being employed by building contractors until I developed sufficient skill and confidence to start out on my own.

My area is in building wooden houses - I currently take on small-scale building projects, and often partner with other established contractors as I do not currently have most of the building tools.

I hope to, through Zidisha loans, buy most of the building tools.

My Business

My business involves being contracted to build wooden houses.

I currently take on small-scale building projects, and often partner with other established contractors as I do not currently have most of the building tools.

I hope to, through Zidisha loans, buy most of the building tools, so that I will no longer have to share projects with other better-equipped contractors.

I will also no longer need to shy away from larger projects, which will in turn earn me better payments.

Loan Proposal

I request for a $ 100 loan to enable me buy a wood drill - I will top up with personal savings since the price of the drill is $ 170.

I currently take on small-scale building projects, and often partner with other established contractors as I do not currently have most of the building tools.

I hope to, through Zidisha loans, buy most of the building tools, so that I will no longer have to share projects with other better-equipped contractors.

I will also no loner need to shy away from larger projects, which will in turn earn me better payments.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 1, 2015

Repayment status

Late

Projected term

12 months

Lenders

M

mikedufty

Perth, Australia

Kylie

Mount Martha, Australia

ads68

Melbourne, Australia

CC

Catherine CatDesignz

Halifax, United Kingdom

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