To buy electrical fittings and mobile phones

Joseph Kamamathi

Limuru, Kenya

15% repaid

Entrepreneur

Name

Joseph Kamamathi

Member since

March 2015

On-time repayments

98 installments  •  21%

About Me

My name is Joseph Kamamathi.I was born in 1980 in Ngarariga village in Kiambu county. I am a father of two daughters and one son .At my young age my father passed a way, so i had being raised by a single parent , that is my mother.In 1987 i joined Bibirioni primary school where i did my KCPE exam in the year 1995 . Let me say for those years life has not been easy because i was not 'born with a silver spoon in my mouth'. Most of the time i spent at home because of school fees .My mother could not raise my school fees .The job she had was not well paying and he had also to nurture my six brothers too.I t was so unfortunate for me because i did not proceed with my academics.I had to look for manual jobs to help my mother to put food on the table.my two daughters dream to become lawyers and my son dreams to be a doctor.

My Business

As i was struggling to look for a job, i meet a good Samaritan who helped me to put up an electronic shop. There i regained hope for becoming somebody . I was tired of staying stagnant in life.My business picked up well in few days and later i added Mpesa services.On daily services i earn an average net profit of 10 dollars and by the end of the month my average income is approximately 300dollars .I am sure and certain that when i get a loan i will be able to repay it without any difficulty.I really like doing business and my hobby is making friends. Out of my income i will pay school fees for my children.

Loan Proposal

Dear lenders, i would like to apply for a loan of $383 to buy electrical fittings and mobile phones.If you grant me the loan.The first item i will buy is 100 light bulbs costing a total of $100. Secondly I will buy hundred meters electrical cables for $80.Thirdly, I will buy ten outside aerials for network which will amount to $50.Finally, i will buy ten mobile phones which will go for $150.When i buy the above items ,i will be able to get a profit of 50 percent for each an every item.The items above is what my customers are demanding . So it will not be a dead stock its some thing am sure will go fast once i stock in my shop.The benefit i will get is i will have an increase in my income by fifty percent ,so my standard of living will rise.Then i will be able to meet my customers demand buy supplying them what they need and by doing so i will have more customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$383.15

Date disbursed

Sep 29, 2015

Repayment status

Late

Projected term

18 months

Cost to entrepreneur

Service fee: $15.91

Lenders

N

nani

austin, United States

A

Anninymouse

Southampton, United Kingdom

Dianne

Maryville, United States

C

CWS

Huntington beach, ca, United States

E

Errol

Bradenton, FL, United States

neffe

Berlin, Germany

S

Snick

Halle, Germany

A

alfredo

Bremen, Germany

C

Canlender1

Nanaimo, Canada

Dymero

Manchester, United States

seabass

New York, United States

J

jra299

New York, United States

Ishaque

New Jersey, United States

Irvin

Vancouver, Canada

investor

Candiac, Canada

Jakub

Velke Svatonovice, Czech Republic

J

johan

Oslo, Norway

P

Peter

München, Germany

Spyque

Saint James, United States

torelizer

Reggio Emilia, Italy

T

tatts2000

melbourne, Australia

D

drakekids

Greensboro, United States

S

Spassmacher

46244 Bottrop, Germany

bdm4a

San Fransisco, United States

W

Witlof

Tsukuba, Japan

A

adwatson

Milan, MI, United States

BelleStarr

Albuquerque, United States

K

KakkoiiCali

Anaheim, United States

D

DrFeelGOOD

San Jose, United States

K

Kubicek

Baton Rouge, United States

E

Ehaffey

Washington D.C., United States

S

sebseb

The Hague, Netherlands

C

ColinPlatt

Montgomery Village, United States

A

Ashbless

Lake Cowichan, Canada

Johnny

shanghai, China

B

Bpryse

Long beach, United States

I

ideerge

Mountain View, United States

Tilius

Oslo, Norway

Straetman

Kaarst, Germany

J

jozua

Delft, Netherlands

W

world

Kansas City, United States

B

bizarresmom

Willowick, United States

W

Withnail

Reading, United Kingdom

johnnorris

Aberystwyth, United Kingdom

P

Puffnstuff

Auckland, New Zealand

T

traderjohn

Baltimore, United States

G

gt2016c

Birchgrove, Australia

I

IngeH

Muehlheim, Germany

SC1991

West Jordan, United States

Tjitser

The Hague, Netherlands

H

Hynek

Brussels, Belgium

F

FaaThailand

Bangkok, Thailand

R

rcmssr

Woodbury, United States

Pere

Barcelona, Spain

J

jkwilson

Winona, United States

yeahboi78

Alexandria,LA, United States

K

kathy207

South Portland, United States

T

ToddK

Indianapolis, IN, USA, United States

S

Steveandson

Arlington, United States

S

simranandtyler

London, Ontario, Canada

E

elkbrett

Bradenton, United States

BJ

Brandon Joz

North Carolina, United States

Aggul

London, United Kingdom

W

woodleycw

Ottawa Ontario, Canada

S

scrabblelives

Nashville, United States

M

mikecook

San Francisco, California, United States

Jeff and Marcie

Portland, OR, United States

M

mrhanky1

melbourne, Australia

T

thejacobnorton

Jubail, Saudi Arabia

N

NancyG

Victoria, Canada

RockinRobin

Centennial CO, United States

C

chrisn

Egg, Switzerland

R

Rossman

Poland, United States

MichaelR

Los Angeles, United States

J

JayJay

Cleveland, United States

A

Alicee

Munich, Germany

D

danny

Karlsruhe, Germany

M

matts

New York, United States

T

tmsaddress

Orlando, Florida, United States

KatyRose

Manor, Texas, United States

J

jimmydjjr

Gautier, United States

athomas

Chevy Chase, United States

M

missjoyy

Munich, Germany

S

suzerain

Kuala Lumpur, Malaysia

trevbot

Montreal, Canada

D

Divergent

Bethesda, United States

Susansfund

Colorado Springs, United States

G

glomardor

Leonardtown, United States

M

markusfitza

College Station, United States

IA

Ismini and Jerry

Stamford, USA, United States

J

jzidi

Los Angeles, United States

S

Sabine

Courtenay, Canada

A

Austrian

Graz, Austria

birtom

Ettlingen, Germany

zphelj

Dallas, United States

T

Travelbear

Asheville, United States

D

DThirteen

Miami, United States

Echo

Wellington, New Zealand

H

hchsmicroloans

New York, United States

U

UmSaeed

Southfield, United States

E

edgreig

Brixton, United Kingdom

A

Aaron

Zurich, Switzerland

W

WellingtonPFClass

Columbus, Oh, United States

Bruno

São Paulo, Brazil

A

Arinelle

Toulouse, France

ohlandtmann

Moorestown, United States

J

jerryq

Redding, United States

T

Tui1974

nuenen, Netherlands

H

hetultel

Ahmedabad, India

HMS_5th_Grade

Honolulu, United States

A

Adam3333

Hague, Netherlands

MikaL

Helsinki, Finland

chadgibbs

Loveliest Village, United States

Gordons28

Santa Monica, United States

P

peter9

Victoria, Canada

davidt

San Francisco, United States

M

Moamar

Grand Rapids, United States

I

ianb723

ROCHESTER, United States

G

gregc

Calgary, Canada

S

solarkismet

Logan, United States

A

acolomitchi

Eynesbury, Australia

A

amish

San Francisco, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

U

UTLonghorn

Lincoln, United States

neocodesoftware

vancouver, Canada

mikeoberhaus

San Francisco, United States

B

Britams

Amsterdam, Netherlands

N

Navigator

Alavus, Finland

isabelv

Barcelona, Spain, Sweden

Nadja

Weissach, Germany

paulclinton

malaga, Spain

J

Justicar007

Longueuil, Canada

iamdaimo

London, United Kingdom

A

AndrewC

London, United Kingdom

I

idakaren

bonlez, Belgium

P

Paleomagick

Eldred, United States

FriendinOregon

Hillsboro, Oregon, United States

mojobob

Hayward, United States

P

Pavane

Kungsbacka, Sweden

Inspire

Calgary, Canada

Z

ZandC

Sacramento, United States

N

NickLuder

London, United Kingdom

W

WidoStar

Bad Karlshafen, Germany

P

Pillango

Frankfurt, Germany

A

alettore

Schleinikon, Switzerland

dmirpuri

Bangkok, Thailand

Z

zidishan

Trifouillis, France

E

E

Marin county, United States

E

elourenco

Porto, Portugal

B

BobHope

United States

M

Malibu

Westwood, United States

G

gbelote

United States

D

drorm

United States

G

geoff

United States

T

tommychheng

san francisco, United States

S

simonista

United States

M

Michi

Switzerland

J

jay12

Germany

K

Karpet

Faroe Islands

Anu

India

R

RonEddy

United States

TyWee

Manila, Philippines

I

idris

United States

S

SCHAC

Switzerland

M

M.Umar

Pakistan

A

adamdreaming

United States

J

JeremyR

United States

GaloLending

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

Dave Bogard

New York, United States

Family Mueller

Petershagen, Germany

J

Jaelle

Vienna, Austria

JW

Jan Wisse

Brussels, Belgium

M

matt

United States

JL

Jindou Lee

United States

Thomas

Sweden, Sweden

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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