Buy Tools to expand my welding business.
Julius
Kimangu Village Rongai Town, Kenya
59% repaid
Entrepreneur
Name
Julius
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
Positive
10
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$241.00
Date disbursed
Jul 26, 2014
Repayment status
Late
Projected term
3 months
Other loans
Lenders
Bremen, Germany
Duisburg, Germany
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Summary
Amount repaid
$147.64
Amount remaining
$104.01
Expected completion
Nov 4, 2014
Status
Repaying late
Installment amount
$17.98
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 5, 2014 | $17.98 | Aug 5, 2014 | $17.98 |
| Aug 12, 2014 | $17.98 | Aug 21, 2014 | $17.98 |
| Aug 19, 2014 | $17.98 | Aug 21, 2014 | $0.05 |
| Sep 6, 2014 | $17.93 | ||
| Aug 26, 2014 | $17.98 | Sep 6, 2014 | $17.98 |
| Sep 2, 2014 | $17.98 | Sep 6, 2014 | $0.14 |
| Oct 9, 2014 | $17.84 | ||
| Sep 9, 2014 | $17.98 | Oct 9, 2014 | $17.05 |
| Mar 12, 2019 | $0.93 | ||
| Sep 16, 2014 | $17.98 | Mar 12, 2019 | $17.98 |
| Sep 23, 2014 | $17.98 | Mar 12, 2019 | $4.35 |
| Mar 29, 2019 | $11.63 | ||
| Apr 8, 2019 | $2.00 | ||
| Sep 30, 2014 | $17.98 | Apr 8, 2019 | $3.81 |
| Oct 7, 2014 | $17.98 | ||
| Oct 14, 2014 | $17.98 | ||
| Oct 21, 2014 | $17.98 | ||
| Oct 28, 2014 | $17.98 | ||
| Nov 4, 2014 | $17.95 | ||
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