Entrepreneur
Name
James
Member since
March 2015
On-time repayments
128 installments • 38%
About Me
My name is James Juma Otete married but not yet blessed with a kid and i live at Utawala near Githunguri. Am an engineer by profession though haven't been employed. I decided to operate a welding workshop because when i was still waiting for an employment, i had a big financial constrain that led me to open my own workshop for an employment and at least give an employment to other young men.
My Business
My workshop is located near a busy road that connects Utawala with Katani. Its a bout 150m from the main road. The name of my workshop is Luyai Glass Mart and Welding . My production is of high quality in the Estate that competes with other workshops within the Estate. My monthly turnover is Kenya shillings 200000 per month witch gives me a profit of 15000 after all expenses. I make steel gates, doors,windows and all other steel metal works.
Loan Proposal
Am willing to purchase additional welding machine to equip and effective my work and duties and even to make work easier.Since the machines will increase work and improve on the production of goods and services to my clients. The machine will cost around kshs 15,000.
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 19, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
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Summary
Amount repaid
$105.14
Amount remaining
$0.00
Date repaid
Oct 8, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 31, 2015 | $5.53 | May 29, 2015 | $5.53 |
| Jun 7, 2015 | $5.53 | May 29, 2015 | $0.02 |
| Jun 5, 2015 | $5.51 | ||
| Jun 14, 2015 | $5.53 | Jun 5, 2015 | $0.04 |
| Jun 13, 2015 | $5.49 | ||
| Jun 21, 2015 | $5.53 | Jun 13, 2015 | $0.07 |
| Jun 20, 2015 | $5.47 | ||
| Jun 28, 2015 | $5.53 | Jun 20, 2015 | $0.09 |
| Jun 27, 2015 | $5.44 | ||
| Jul 5, 2015 | $5.53 | Jun 27, 2015 | $0.11 |
| Jul 4, 2015 | $5.42 | ||
| Jul 12, 2015 | $5.53 | Jul 4, 2015 | $0.13 |
| Jul 11, 2015 | $5.40 | ||
| Jul 19, 2015 | $5.53 | Jul 11, 2015 | $0.16 |
| Jul 18, 2015 | $5.38 | ||
| Jul 26, 2015 | $5.53 | Jul 18, 2015 | $0.18 |
| Jul 24, 2015 | $5.36 | ||
| Aug 2, 2015 | $5.53 | Jul 24, 2015 | $0.20 |
| Aug 1, 2015 | $5.33 | ||
| Aug 9, 2015 | $5.53 | Aug 1, 2015 | $0.22 |
| Aug 10, 2015 | $5.31 | ||
| Aug 16, 2015 | $5.53 | Aug 10, 2015 | $0.24 |
| Aug 17, 2015 | $5.29 | ||
| Aug 23, 2015 | $5.53 | Aug 17, 2015 | $0.27 |
| Aug 23, 2015 | $5.27 | ||
| Aug 30, 2015 | $5.53 | Aug 23, 2015 | $0.29 |
| Aug 31, 2015 | $5.24 | ||
| Sep 6, 2015 | $5.53 | Aug 31, 2015 | $0.31 |
| Sep 15, 2015 | $5.22 | ||
| Sep 13, 2015 | $5.53 | Sep 21, 2015 | $4.44 |
| Sep 23, 2015 | $1.09 | ||
| Sep 20, 2015 | $5.53 | Sep 23, 2015 | $3.36 |
| Oct 6, 2015 | $2.18 | ||
| Sep 27, 2015 | $5.53 | Oct 6, 2015 | $5.53 |
| Oct 4, 2015 | $5.54 | Oct 6, 2015 | $3.40 |
| Oct 8, 2015 | $2.14 | ||
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