Buy Tools to expand my welding business.

Julius Mburu

Kimangu Village Rongai Town, Kenya

59% repaid

Entrepreneur

Name

Julius Mburu

Member since

October 2011

On-time repayments

40 installments  •  63%

About Me

Born in1974 in Rongai division Nakuru county. I started my primary education from 1980 to 1989 at Rongai Primary school. I didnt joined secondary school but I was lucky for I was trained how to do welding in 1990. I was employed after my course for 4years and in 1995 I started my own business which I am doing up to date. I got married to Gladys Wairimu in 1992 and we have been blessed with 5 children (1girl and 4boys) I do live in Jamii Estate face 2 plot no. 29 Venessa girls road in Visoi location, Rongai division Rongai district Nakuru county. From my business I manage to support my family.

My Business

From 1995 I been doing my business of welding and i do love it. Because of great experience I have, people come to me for the quality work. Although there is competition, but I do do timing and giving quality work and it do attract alot of customers. The risk which I normally face is shortage of electricity. Monthly expenses is paying of materials, paying of power, house rent among other things.
It really support my family and that is why I called my business JUHUDI WELDERS situated at St. Maria street in Rongai town.

Loan Proposal

first of all i will use the loan that i will get to buy few item as follows
1,buy welding rod that is 55.9646usd
2.buy metal sheets to make some new desighnd gates and window panes worth 72.7540usd
3.buy metal rods that are the most expensive to all worth106.333usd
the other money that i will have saved through out this year i will upgrade my bussines to obtained a starndard that people will like it .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$241.52

Date disbursed

Jul 26, 2014

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Lender interest: $241.52 at 10.12% annual rate over 3 months = $6.58

Service fee: $2.33

Lenders

J

jjonas

berlin, Germany

Cloudways

Malta, Malta

Jouni

Finland

M

marcelitohb

Bremen, Germany

ads68

Melbourne, Australia

McDermotts

South Moreton, United Kingdom

F

flaguy999

Tampa, United States

Matthieu

Switzerland, France

markpearson

Portsmouth, United Kingdom

dlpringle

Denver, United States

Matching Fund

Sterling, United States

P

Panda6689

United States

Vesa

Helsinki, Finland

Leonardia

Waddinxveen, Netherlands

H

hixeu

Belgium

Loungin

United States

Mikers

Netherlands

P

Prometheus

Duisburg, Germany

SV

sven vdk

Twickenham, United Kingdom

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