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.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 1, 2015
Repayment status
Late
Projected term
12 months
Lenders
Halifax, United Kingdom
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