Entrepreneur
Name
James
Member since
April 2013
On-time repayments
382 installments • 89%
About Me
My name is James Mwangi Kamau. I am married with two kids and I live at Utawala near MC Area where I run a hardware shop. I am an accountant by profession and after working for over 10 years in a formal sector I decided to start my business of selling hardware equipments and building materials. I started this business because the job where I was employed before was not paying well and I needed more money to be able to cater the needs of my family and expand financially. The hardware business in our area is more profitable because is a new upcoming real estate and many domiciles are under construction.
My Business
My hardware business is located near a busy road that connects Utawala with the rest of the Estate. Its about 200m from the main road. The name of the shop is "Jaba Hardware" and is a brand name of the whole estate and many customers prefer my goods because they are of high quality and I provide better customer service. I have employed two workers to help deliver the goods to my customers on time. My monthly turnover is Kenya shillings 400000 per month, which gives me a profit of Ksh 20000 after incurring all the expenses . I sell building equipments such as hammers, saws, nails, priers and building materials such as sand, ballast, stones, timber, iron sheets and sanitary wares.
Loan Proposal
I propose to use my loan on buying stock to facilitate my new lorry to be utilized to capacity such things like stock of cement gypsum block board hoop iron binding wire polythene paper locks. The mention stock will be circulated by the lorry daily and help to get more profits and employ more staffs. I also take opportunity to thank you in advance.
About Me
Hi Hi My name is James Mwangi Kamau am married with three Kinds and I live at Utawala near MC Area where I run a hardware shop. I am an accountant by profession and After working for over 10 years in a formal sector I decided to start my business of selling hardware equipment and building materials. I started this business because the job was employed was not paying well and I need more money to be able to cater for my family and expand financial. The hardware business in our area is more profitable because is a new upcoming Estate and many houses are under construction. My first born joined national school he is in form 2. He wish to became a doctor and second born a doctor and third born a teacher/ lecturer
My Business
My hardware business is located near a busy road that connects Utawala with the rest of the Estate. Its about 200m from the main road. The name of the shop is called Jaba Hardware and is a brand name in the whole estate and many costumes prefer my goods because they are of high quality and better customer service. I have employed two workers to help deliver the goods to my Customer on time. My monthly turnover is kenya shillings 1,900,000 month which which gives me a profit of Ksh 80000 after all the expenses . I sell building equipments such as hammers, saws, nails,priers and building materials such as sand,ballast, stones, Timber,iron sheets and sanitary wares and cement in bulk. The profits I get I use to pay loan and iam currently building a big premises for my business to shift but I have not shifted since I bought a lorry for collecting stock especially cement and other as I am intending to become a Contructor and I am in processor registering a company a and I pay School fees for my kids
Loan Proposal
I propose to use my loan on buying stock to facilitate my new lorry to be utilized to capacity such things like stock of cement gypsum block board hoop iron binding wire polythene paper locks. The mention stock will be circulated by the lorry daily and help to get more profits and employ more staffs. I also take opportunity to thank you in advance.
Feedback
Positive
6
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$2,659.00
Date disbursed
Apr 4, 2019
Repayment status
Late
Projected term
29 months
Other loans
Lenders
Wausau, United States
Germany
United States
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Summary
Amount repaid
$1,258.18
Amount remaining
$1,401.38
Expected completion
Sep 22, 2021
Status
Repaying late
Installment amount
$110.86
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 17, 2019 | $110.86 | Apr 17, 2019 | $110.86 |
| Apr 24, 2019 | $39.42 | Apr 24, 2019 | $39.42 |
| May 1, 2019 | $39.42 | May 1, 2019 | $39.42 |
| May 8, 2019 | $39.42 | May 8, 2019 | $39.42 |
| May 15, 2019 | $39.42 | May 15, 2019 | $39.42 |
| May 22, 2019 | $39.42 | May 22, 2019 | $39.42 |
| May 29, 2019 | $40.40 | May 29, 2019 | $40.40 |
| Jun 5, 2019 | $40.40 | Jun 5, 2019 | $40.40 |
| Jun 12, 2019 | $40.40 | Jun 12, 2019 | $40.40 |
| Jun 19, 2019 | $40.40 | Jun 19, 2019 | $40.40 |
| Jun 26, 2019 | $40.40 | Jun 26, 2019 | $40.40 |
| Jul 3, 2019 | $40.40 | Jul 3, 2019 | $40.40 |
| Jul 10, 2019 | $32.52 | Jul 9, 2019 | $32.52 |
| Jul 17, 2019 | $32.52 | Jul 17, 2019 | $30.55 |
| Jul 23, 2019 | $1.97 | ||
| Jul 24, 2019 | $32.52 | Jul 23, 2019 | $32.52 |
| Jul 31, 2019 | $32.52 | Jul 31, 2019 | $32.52 |
| Aug 7, 2019 | $32.52 | Aug 7, 2019 | $32.52 |
| Aug 14, 2019 | $33.50 | Aug 15, 2019 | $33.50 |
| Aug 21, 2019 | $33.50 | Aug 15, 2019 | $0.99 |
| Aug 21, 2019 | $32.52 | ||
| Aug 28, 2019 | $33.50 | Aug 21, 2019 | $0.99 |
| Aug 28, 2019 | $32.52 | ||
| Sep 4, 2019 | $33.50 | Aug 28, 2019 | $0.99 |
| Sep 4, 2019 | $32.52 | ||
| Sep 11, 2019 | $0.99 | Sep 4, 2019 | $0.99 |
| Sep 18, 2019 | $14.78 | Sep 11, 2019 | $14.78 |
| Sep 25, 2019 | $14.78 | Sep 11, 2019 | $14.78 |
| Oct 2, 2019 | $14.78 | Sep 11, 2019 | $2.96 |
| Oct 3, 2019 | $11.83 | ||
| Oct 9, 2019 | $14.78 | Oct 3, 2019 | $7.88 |
| Oct 11, 2019 | $6.90 | ||
| Oct 16, 2019 | $14.78 | Oct 11, 2019 | $2.96 |
| Oct 16, 2019 | $11.83 | ||
| Oct 23, 2019 | $2.96 | Oct 16, 2019 | $2.96 |
| Oct 30, 2019 | $15.77 | Oct 23, 2019 | $12.81 |
| Oct 30, 2019 | $2.96 | ||
| Nov 6, 2019 | $15.77 | Oct 30, 2019 | $11.83 |
| Nov 7, 2019 | $3.94 | ||
| Nov 13, 2019 | $15.77 | Nov 7, 2019 | $0.99 |
| Nov 14, 2019 | $14.78 | ||
| Nov 20, 2019 | $0.99 | Nov 14, 2019 | $0.99 |
| Nov 27, 2019 | $7.88 | Nov 21, 2019 | $7.88 |
| Dec 4, 2019 | $7.88 | Nov 21, 2019 | $1.97 |
| Dec 5, 2019 | $5.91 | ||
| Dec 11, 2019 | $7.88 | Dec 12, 2019 | $7.88 |
| Dec 18, 2019 | $7.88 | Dec 19, 2019 | $7.88 |
| Dec 25, 2019 | $7.88 | Dec 25, 2019 | $7.88 |
| Jan 1, 2020 | $7.88 | Jan 3, 2020 | $7.88 |
| Jan 8, 2020 | $7.88 | Jan 11, 2020 | $7.88 |
| Jan 15, 2020 | $7.88 | Jan 17, 2020 | $7.88 |
| Jan 22, 2020 | $7.88 | Jan 26, 2020 | $7.88 |
| Jan 29, 2020 | $7.88 | Jan 31, 2020 | $7.88 |
| Feb 5, 2020 | $4.93 | Feb 7, 2020 | $4.93 |
| Feb 12, 2020 | $4.93 | Feb 15, 2020 | $4.93 |
| Feb 19, 2020 | $4.93 | Mar 4, 2020 | $4.93 |
| Feb 26, 2020 | $4.93 | Mar 8, 2020 | $4.93 |
| Mar 4, 2020 | $0.00 | ||
| Mar 11, 2020 | $0.00 | ||
| Mar 18, 2020 | $4.93 | Mar 17, 2020 | $4.93 |
| Mar 25, 2020 | $4.93 | Apr 19, 2020 | $4.93 |
| Apr 1, 2020 | $0.00 | ||
| Apr 8, 2020 | $0.00 | ||
| Apr 15, 2020 | $0.00 | ||
| Apr 22, 2020 | $0.00 | ||
| Apr 29, 2020 | $1.98 | May 8, 2020 | $1.98 |
| May 6, 2020 | $1.98 | May 8, 2020 | $1.98 |
| May 13, 2020 | $1.98 | May 21, 2020 | $1.98 |
| May 20, 2020 | $1.98 | May 22, 2020 | $1.98 |
| May 27, 2020 | $1.98 | May 29, 2020 | $1.98 |
| Jun 3, 2020 | $0.03 | May 29, 2020 | $0.03 |
| Jun 10, 2020 | $1.98 | Jun 12, 2020 | $1.98 |
| Jun 17, 2020 | $1.98 | Jun 26, 2020 | $1.98 |
| Jun 24, 2020 | $1.98 | Jun 26, 2020 | $1.98 |
| Jul 1, 2020 | $1.98 | Jun 26, 2020 | $0.47 |
| Jul 3, 2020 | $1.51 | ||
| Jul 8, 2020 | $1.98 | Jul 3, 2020 | $1.98 |
| Jul 15, 2020 | $0.45 | Jul 3, 2020 | $0.45 |
| Jul 22, 2020 | $1.98 | Aug 1, 2020 | $1.98 |
| Jul 29, 2020 | $1.98 | Aug 1, 2020 | $1.98 |
| Aug 5, 2020 | $1.98 | Aug 1, 2020 | $0.97 |
| Aug 14, 2020 | $1.01 | ||
| Aug 12, 2020 | $1.98 | Aug 14, 2020 | $1.98 |
| Aug 19, 2020 | $1.98 | Aug 14, 2020 | $0.97 |
| Aug 21, 2020 | $1.01 | ||
| Aug 26, 2020 | $3.91 | Aug 21, 2020 | $3.91 |
| Sep 2, 2020 | $1.98 | Sep 4, 2020 | $1.98 |
| Sep 9, 2020 | $1.98 | Sep 11, 2020 | $1.98 |
| Sep 16, 2020 | $1.98 | Sep 18, 2020 | $1.98 |
| Sep 23, 2020 | $1.98 | Sep 18, 2020 | $1.98 |
| Sep 30, 2020 | $1.98 | Sep 18, 2020 | $1.00 |
| Oct 3, 2020 | $0.99 | ||
| Oct 7, 2020 | $1.97 | Oct 3, 2020 | $1.97 |
| Oct 14, 2020 | $2.47 | Oct 23, 2020 | $2.47 |
| Oct 21, 2020 | $2.47 | Oct 23, 2020 | $2.47 |
| Oct 28, 2020 | $2.47 | Oct 23, 2020 | $0.47 |
| Nov 1, 2020 | $2.00 | ||
| Nov 4, 2020 | $2.47 | Nov 1, 2020 | $2.47 |
| Nov 11, 2020 | $2.47 | Nov 1, 2020 | $0.45 |
| Nov 20, 2020 | $2.02 | ||
| Nov 18, 2020 | $2.91 | Nov 20, 2020 | $2.91 |
| Nov 25, 2020 | $2.47 | Dec 6, 2020 | $2.47 |
| Dec 2, 2020 | $2.47 | Dec 6, 2020 | $2.47 |
| Dec 9, 2020 | $2.47 | Dec 6, 2020 | $0.18 |
| Dec 18, 2020 | $2.30 | ||
| Dec 16, 2020 | $2.47 | Dec 18, 2020 | $2.47 |
| Dec 23, 2020 | $2.47 | Dec 26, 2020 | $2.47 |
| Dec 30, 2020 | $0.00 | ||
| Jan 6, 2021 | $0.00 | ||
| Jan 13, 2021 | $11.12 | Jan 15, 2021 | $11.12 |
| Jan 20, 2021 | $11.12 | Jan 15, 2021 | $0.02 |
| Jan 26, 2021 | $11.10 | ||
| Jan 27, 2021 | $4.95 | Jan 26, 2021 | $0.02 |
| Apr 2, 2021 | $4.93 | ||
| Feb 3, 2021 | $0.00 | ||
| Feb 10, 2021 | $0.00 | ||
| Feb 17, 2021 | $0.00 | ||
| Feb 24, 2021 | $0.00 | ||
| Mar 3, 2021 | $0.00 | ||
| Mar 10, 2021 | $0.00 | ||
| Mar 17, 2021 | $0.00 | ||
| Mar 24, 2021 | $0.00 | ||
| Mar 31, 2021 | $11.12 | Apr 10, 2021 | $11.12 |
| Apr 7, 2021 | $11.12 | Apr 10, 2021 | $0.71 |
| May 15, 2021 | $9.85 | ||
| Nov 30, 2021 | $0.55 | ||
| Apr 14, 2021 | $11.12 | Nov 30, 2021 | $9.30 |
| Nov 30, 2021 | $1.81 | ||
| Apr 21, 2021 | $11.12 | Nov 30, 2021 | $3.11 |
| Jan 7, 2022 | $4.93 | ||
| Jan 28, 2022 | $3.07 | ||
| Apr 28, 2021 | $11.12 | Jan 28, 2022 | $6.78 |
| Mar 14, 2022 | $4.34 | ||
| May 5, 2021 | $110.86 | Mar 14, 2022 | $0.59 |
| Apr 26, 2022 | $9.85 | ||
| Jun 24, 2022 | $4.93 | ||
| Jul 23, 2022 | $4.93 | ||
| May 12, 2021 | $11.12 | ||
| May 19, 2021 | $11.12 | ||
| May 26, 2021 | $11.12 | ||
| Jun 2, 2021 | $11.12 | ||
| Jun 9, 2021 | $11.12 | ||
| Jun 16, 2021 | $110.86 | ||
| Jun 23, 2021 | $110.86 | ||
| Jun 30, 2021 | $110.86 | ||
| Jul 7, 2021 | $110.86 | ||
| Jul 14, 2021 | $110.86 | ||
| Jul 21, 2021 | $110.86 | ||
| Jul 28, 2021 | $110.86 | ||
| Aug 4, 2021 | $110.86 | ||
| Aug 11, 2021 | $110.86 | ||
| Aug 18, 2021 | $110.86 | ||
| Aug 25, 2021 | $110.86 | ||
| Sep 1, 2021 | $11.12 | ||
| Sep 8, 2021 | $11.12 | ||
| Sep 15, 2021 | $11.12 | ||
| Sep 22, 2021 | $2.43 | ||
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