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
Positive
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Neutral
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Negative
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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
Summary
Amount repaid
$8.65
Amount remaining
$101.99
Expected completion
Jan 10, 2016
Status
Repaying late
Installment amount
$2.25
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 11, 2015 | $3.13 | Jan 11, 2015 | $3.13 |
| Jan 18, 2015 | $3.04 | Jan 11, 2015 | $0.01 |
| Feb 14, 2015 | $3.03 | ||
| Jan 25, 2015 | $0.00 | ||
| Feb 1, 2015 | $0.00 | ||
| Feb 8, 2015 | $0.00 | ||
| Feb 15, 2015 | $0.00 | ||
| Feb 22, 2015 | $0.00 | ||
| Mar 1, 2015 | $2.25 | Mar 21, 2015 | $2.25 |
| Mar 8, 2015 | $2.25 | Mar 21, 2015 | $0.22 |
| Mar 15, 2015 | $2.25 | ||
| Mar 22, 2015 | $2.25 | ||
| Mar 29, 2015 | $2.25 | ||
| Apr 5, 2015 | $2.25 | ||
| Apr 12, 2015 | $2.25 | ||
| Apr 19, 2015 | $2.25 | ||
| Apr 26, 2015 | $2.25 | ||
| May 3, 2015 | $2.25 | ||
| May 10, 2015 | $2.25 | ||
| May 17, 2015 | $2.25 | ||
| May 24, 2015 | $2.25 | ||
| May 31, 2015 | $2.25 | ||
| Jun 7, 2015 | $2.25 | ||
| Jun 14, 2015 | $2.25 | ||
| Jun 21, 2015 | $2.25 | ||
| Jun 28, 2015 | $2.25 | ||
| Jul 5, 2015 | $2.25 | ||
| Jul 12, 2015 | $2.25 | ||
| Jul 19, 2015 | $2.25 | ||
| Jul 26, 2015 | $2.25 | ||
| Aug 2, 2015 | $2.25 | ||
| Aug 9, 2015 | $2.25 | ||
| Aug 16, 2015 | $2.25 | ||
| Aug 23, 2015 | $2.25 | ||
| Aug 30, 2015 | $2.25 | ||
| Sep 6, 2015 | $2.25 | ||
| Sep 13, 2015 | $2.25 | ||
| Sep 20, 2015 | $2.25 | ||
| Sep 27, 2015 | $2.25 | ||
| Oct 4, 2015 | $2.25 | ||
| Oct 11, 2015 | $2.25 | ||
| Oct 18, 2015 | $2.25 | ||
| Oct 25, 2015 | $2.25 | ||
| Nov 1, 2015 | $2.25 | ||
| Nov 8, 2015 | $2.25 | ||
| Nov 15, 2015 | $2.25 | ||
| Nov 22, 2015 | $2.25 | ||
| Nov 29, 2015 | $2.25 | ||
| Dec 6, 2015 | $2.25 | ||
| Dec 13, 2015 | $2.25 | ||
| Dec 20, 2015 | $2.25 | ||
| Dec 27, 2015 | $2.25 | ||
| Jan 3, 2016 | $2.25 | ||
| Jan 10, 2016 | $3.34 | ||
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