Purchase of a pipe for water pump

Maina

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Maina

Member since

May 2014

On-time repayments

67 installments  •  31%

About Me

I am young Kenyan who has found it hard like many other Kenyans to secure a job. I am IT trained and used to have a good job in the years 2005 to 2007 when the election violence rocked our country. I was working in a volatile area and had to leave all my belongings to save my life. It has been job application after job application with no luck and money to advance my education. I have since then bought a water pump and jumped into the construction center after advice from a close friend who has succeeded in the same water pump business.

My Business

While based in Kahawa West, I am now in the construction industry through my water pump business. I have a unique advantage of coupling it with my IT skills for small wiring jobs. I do not have the capital to do everything now plus build a business is a process which in my opinion, i am on the right track. I need to buy a few things that will ensure I offer the best services to clients and eventually buy another pump to be able to tackle more than one job at once.

Loan Proposal

Since i bought a water pump, some challenges have been coming up but they were expected. I want to buy a new and longer pipe for my pump as the current one that i have is not long enough and has been giving me a hard time when the source is far from the construction site. Purchasing a longer pipe will improve my service delivery and cut on time wastage on site.

Feedback

7

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jul 5, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

V

vamPierchen

Luxembourg, Luxembourg

Sarasota

Sarasota, Fl, United States

dlpringle

Denver, United States

CMK71

San Francisco, United States

Leonardia

Waddinxveen, Netherlands

Sputnik

Switzerland

DennisM

Netherlands

Ask Maina a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$50.83

Amount remaining

$0.00

Date repaid

Jul 29, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 12, 2014 $10.16 Jul 12, 2014 $10.16
Jul 19, 2014 $10.16 Jul 12, 2014 $0.30
Jul 19, 2014 $9.86
Jul 26, 2014 $10.16 Jul 19, 2014 $1.19
Jul 23, 2014 $8.98
Aug 2, 2014 $10.16 Jul 23, 2014 $2.65
Jul 26, 2014 $7.51
Aug 9, 2014 $10.16 Jul 26, 2014 $10.16

Loading...