Engineering supplies for gates and windows.

Arnold Mugo

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Arnold Mugo

Member since

March 2015

On-time repayments

61 installments  •  20%

About Me

Am Arnold kariuki mugo I was born in 1987 in 1993 went to cheera primary school,2001 joined karamugi secondary school,2003 dropped out of school due to lack of school fees,2004 joined the jua Kali sector as trainee whereby I traineed as a welder and fitter,after finishing my training I started looking for job,since I did not get certificate I was employees as a casual labourer,as continued working I joined a micro finance as a member and started saving little by little,since I have my experience I took a loan and buy my own machines,welding and grinding machines and opened my own workshop,now everything here a good,people culture and environment is fine,my kid want to be a pilot when he grow up,my hobby is watching football,man united

My Business

I make steel doors,windows, gate,grills,stalls, wheelbarrows,box and vehiclebody repair,my goods and services I provide is useful and on demand since every person want to sleep in a house that is made of steel gate,door and window,I choose this business because is my profession,I normaly pay county revenue of one thousand five hundred shillings per month,I use my profit in reinvestmentin growing the business,this business you cannot do single handedly I employ casual labourers when I get a big aldor and I pay them daily after job

Loan Proposal

Materials.
.square tubes 4 pieces @ 5$
.blackesheet size 4*4 one piece 4$
Flat bar one piece 5$
Bushes three pieces @ 2$
Tee bar one piece 4$
This will help me to purchase materials and sticify my clients,this will also gave moral to my casual labourers as they finish the job before early because I will ugh enoughmaterials,I expect my profit to increase by 15%

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.07

Date disbursed

Apr 29, 2015

Repayment status

On Time

Projected term

8 weeks

Cost to entrepreneur

Service fee: $1.87

Arnold opted to pay $16.61 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

N

Neveda

Flagstaff, United States

Roy

Espoo, Finland

MW

Matt Willis

United States

A

Axel

Germany

SK

Stefan Kruell

Muenster, Germany

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