Purchasing building materials

Lawrence

Meru, Kenya

100% repaid

Entrepreneur

Name

Lawrence

Member since

February 2016

On-time repayments

321 installments  •  74%

About Me

I graduated with a diploma in Electronics in the year 2009. I worked with the Ministry of Youth Affairs between the year 2011 to 2014 as a Technical Instructor in the field of Electrical and Electronics. I joined the Kenya Methodist University in the year 2013 as a BSC in Computer Information System student. I graduated last year on July 2015. I currently work as software developer. I like programming, reading and watching documentary videos.

My Business

Am currently working as a developer at White Label Tracking company in Nairobi. It is a company that deal with tracking softwares and am in the department of developing the softwares. Besides the job, me and my wife we started an online business selling ladies and children turbans and headgears last month. We sell on Jumia online store and the business is doing well.

Loan Proposal

Am planning to build a brick house for myself worthy $2408.50. I will use the loan to purchase bricks worthy $539.50. The loan together with my earnings will help me to complete the building in about 5 months time. Estimated project duration will be complete in March 2018. This will help me to get ahead with starting a family in August 2018.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$567.00

Date disbursed

Nov 5, 2017

Repayment status

On Time

Projected term

18 months

Lenders

PG

Paul Graham

United States

Humble Bundle Community

San Francisco, United States

JA

Joshua Axtell

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

MC

Martin Carmouze

Sterling, United States

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  • Lawrence    Feb 15, 2024

    I am financially constrained right now but am hoping things will be getting better soon.

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  • Lawrence    Jan 16, 2024

    I am financially constrained right now but am hoping things will be getting better starting next month.

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  • Lawrence    Nov 8, 2023

    Am financially constrained at the moment. It has been a while since I got a side job.

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  • Lawrence    Sep 5, 2023

    I am able to manage a less installment for now before things becomes better.

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  • Lawrence    Jul 3, 2023

    The business is not doing well enough to raise much profit. I am looking for ways to raise more money.

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  • Lawrence    May 3, 2023

    I am facing some financial constraints at the moment. Therefore, I will be able to manage a little installments for now.

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  • Lawrence    Feb 28, 2023

    Things are moving slowly here. The business is not doing well as expected.

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  • Lawrence    Jan 5, 2023

    Due to holidays we were not able to generate much profit. The business has been down.

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  • Lawrence    Nov 9, 2022

    The business is not progressing well. Therefore, returns are little.

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  • Lawrence    Oct 4, 2022

    Our business is in its low season. We are expecting it to pick in December. That’s why am not able to repay in large amounts.

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  • Lawrence    Sep 1, 2022

    The business has not yet generated enough profit to break even.

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  • Lawrence    Aug 18, 2022

    The business hasn't picked yet. Waiting for more sales to break-even.

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  • Lawrence    Jul 31, 2022

    Wow, am so much excited. Am so grateful to my funders. I will add stock in my clothe business. It will help me in expanding my business.

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  • Lawrence    Jul 31, 2022

    Thanks a lot to my funders. The funds helped me a lot in starting and growing a turbans business. Now, we have an additional income. Thanks once more.

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  • Lawrence    Apr 11, 2022

    Am financially down. Is there any way to reduce the installments further to KES 500?

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  • Lawrence    Mar 1, 2022

    Am unable to raise the full amount due challenges in business.

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  • Lawrence    Jan 18, 2022

    Low sales, thus unable to pay the full amount. Am hoping things will get well in the coming months.

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  • Lawrence    Jan 4, 2022

    Our business has not yet picked

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  • Lawrence    Dec 21, 2021

    We are on holiday and we are not making any penny for now.

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  • Lawrence    Dec 8, 2021

    In the next coming weeks I won't be able to get the full amount since I will be traveling upcountry for holiday.

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