To buy welding machine to use in my workshop

Gidieon

Kihoto Estate Naivasha, Kenya

7% repaid

Entrepreneur

Name

Gidieon

Member since

March 2014

On-time repayments

308 installments  •  9%

About Me

am Gideon kimani.i live in naivasha at kihoto estate.I live in my small own house.i was born in nyeri district at othaya.I lastly went to school chinga high school where i finished in 200.6.Am married with three children two boys and a girl.My wife is called Margret and is a green grocer.Am a welder having trained at a polytechnic after school.I have a workshop at kihoto near my home.I make about $400 a month.I use $200 for my upkeep save $100 and reinvest $100 in my business.My future abation is to build a big workshop capable of supplying to the whole country.the undertaking requires a lot of capital which i hope to raise from your loan in future.Am an active catholic in faith and an active choir member.Sometimes i train surrounding secondary school music for music festivals and i have ever taken a choir up to the national level.Other hobbies are swimming and taking care of the environment

My Business

my business involve a welding work shop.I make metal door window grills, beds,and general metal fabrication.I have employed two people in the workshop.The business is good since there is a lot of construction in Naivasha as it is a growing town.The people who buy doors and grills use them to construct their houses.The challenges i face is the cost of material and their transportation.My customers prefer me because am a trained welder and am able to make high quality items.I make about $400 which i use $200 for my upkeep.Am left with about $200 at my own disposal to either save or reinvest in my business.This amount is usable to pay your loan.Why i need your loan is to help me buy equipments to make posho mills.Posho mills are used to grid maize making flour.They are very marketable in my country since maize flour is the staple food.Many farmers grow maize.I will be able to supply the whole country with posho mills.The machinery cost about $10000 which i hope to raise from your loan as i progress to higher amount.I want to expand my business also make farm machinery chaff cater and proughs and also irrigation equipment.If i expand mu business i will create employment for the youth since unemployment is a major challenge in Kenya.I hope to export my items to the neighboring countries earning my country foreign exchange which would contribute to economic growth of our country.I also want to start training young men and women my trade in my workshop in a way of helping the community.All these undertakings require huge investment and your loans will a great deal in accomplishing them.Thank you in advance

Loan Proposal

since taking the previous zidisha loans my business of making doors and windows in my workshop has improved tremendously.The profit i have made from these loans have enabled me to be able to buy materialism cash instead of taking them on credit.The volume in my business has increased and now i i have more customers since am able to finish jobs in time.I now want to start upgrading the machinery since the ones i have are old,of low quality and sometimes unreliable since they break down.This loan will help me acquire new modern welding machine which cost about sh60000.I will add the rest of the money.This will be a boast since it will add efficiency in my workshop.I hope to continue upgrading more machinery as i take more loans in future

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$441.00

Date disbursed

Sep 9, 2014

Repayment status

Late

Projected term

68 months

Lenders

I

Interfree

Dubai, United Arab Emirates

C

cjmenchaca

Austin, United States

S

SelvaMarcus

Green Cove Springs, United States

phytoplankton

United States

ads68

Melbourne, Australia

B

bonndan

Bonn, Germany

Sarasota

Sarasota, Fl, United States

Sirko

Brandenburg An Der Havel, Germany

dlpringle

Denver, United States

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

J

JacobvdW

Netherlands

mepster

San Francisco, Ca, United States

A

AnnaLou

Switzerland

Vesa

Helsinki, Finland

Mikers

Netherlands

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Summary

Amount repaid

$47.47

Amount remaining

$624.49

Expected completion

Apr 25, 2020

Status

Repaying late

Installment amount

$1.15

Repayment History

Expected Payments Actual Payments
Sep 20, 2014 $0.00
Sep 27, 2014 $4.60 Sep 28, 2014 $4.60
Oct 4, 2014 $4.60 Oct 13, 2014 $4.60
Oct 11, 2014 $4.60 Oct 13, 2014 $4.60
Oct 18, 2014 $4.60 Oct 13, 2014 $4.60
Oct 25, 2014 $4.60 Oct 26, 2014 $4.60
Nov 1, 2014 $4.60 Nov 5, 2014 $4.60
Nov 8, 2014 $4.60 Nov 5, 2014 $4.60
Nov 15, 2014 $4.60 Nov 24, 2014 $4.60
Nov 22, 2014 $0.00
Nov 29, 2014 $0.00
Dec 6, 2014 $1.78 Dec 10, 2014 $1.78
Dec 13, 2014 $1.78 Dec 10, 2014 $1.78
Dec 20, 2014 $1.78 Dec 10, 2014 $0.23
Dec 24, 2014 $1.55
Dec 27, 2014 $1.78 Dec 24, 2014 $1.78
Jan 3, 2015 $0.11 Dec 24, 2014 $0.11
Jan 10, 2015 $0.00
Jan 17, 2015 $0.00
Jan 24, 2015 $0.00
Jan 31, 2015 $0.00
Feb 7, 2015 $0.00
Feb 14, 2015 $0.00
Feb 21, 2015 $0.00
Feb 28, 2015 $1.15 Mar 31, 2015 $1.15
Mar 7, 2015 $1.15 Mar 31, 2015 $1.15
Mar 14, 2015 $1.15 Mar 31, 2015 $1.15
Mar 21, 2015 $0.00
Mar 28, 2015 $0.00
Apr 4, 2015 $0.00
Apr 11, 2015 $0.00
Apr 18, 2015 $0.00
Apr 25, 2015 $0.00
May 2, 2015 $0.00
May 9, 2015 $1.15
May 16, 2015 $1.15
May 23, 2015 $1.15
May 30, 2015 $1.15
Jun 6, 2015 $1.15
Jun 13, 2015 $1.15
Jun 20, 2015 $1.15
Jun 27, 2015 $1.15
Jul 4, 2015 $1.15
Jul 11, 2015 $1.15
Jul 18, 2015 $1.15
Jul 25, 2015 $1.15
Aug 1, 2015 $1.15
Aug 8, 2015 $1.15
Aug 15, 2015 $1.15
Aug 22, 2015 $1.15
Aug 29, 2015 $1.15
Sep 5, 2015 $1.15
Sep 12, 2015 $1.15
Sep 19, 2015 $1.15
Sep 26, 2015 $1.15
Oct 3, 2015 $1.15
Oct 10, 2015 $1.15
Oct 17, 2015 $1.15
Oct 24, 2015 $1.15
Oct 31, 2015 $1.15
Nov 7, 2015 $1.15
Nov 14, 2015 $1.15
Nov 21, 2015 $1.15
Nov 28, 2015 $1.15
Dec 5, 2015 $1.15
Dec 12, 2015 $1.15
Dec 19, 2015 $1.15
Dec 26, 2015 $1.15
Jan 2, 2016 $1.15
Jan 9, 2016 $1.15
Jan 16, 2016 $1.15
Jan 23, 2016 $1.15
Jan 30, 2016 $1.15
Feb 6, 2016 $1.15
Feb 13, 2016 $1.15
Feb 20, 2016 $1.15
Feb 27, 2016 $1.15
Mar 5, 2016 $1.15
Mar 12, 2016 $1.15
Mar 19, 2016 $1.15
Mar 26, 2016 $1.15
Apr 2, 2016 $1.15
Apr 9, 2016 $1.15
Apr 16, 2016 $1.15
Apr 23, 2016 $1.15
Apr 30, 2016 $1.15
May 7, 2016 $1.15
May 14, 2016 $1.15
May 21, 2016 $1.15
May 28, 2016 $1.15
Jun 4, 2016 $1.15
Jun 11, 2016 $1.15
Jun 18, 2016 $1.15
Jun 25, 2016 $1.15
Jul 2, 2016 $1.15
Jul 9, 2016 $1.15
Jul 16, 2016 $1.15
Jul 23, 2016 $1.15
Jul 30, 2016 $1.15
Aug 6, 2016 $1.15
Aug 13, 2016 $1.15
Aug 20, 2016 $1.15
Aug 27, 2016 $1.15
Sep 3, 2016 $1.15
Sep 10, 2016 $1.15
Sep 17, 2016 $1.15
Sep 24, 2016 $1.15
Oct 1, 2016 $1.15
Oct 8, 2016 $1.15
Oct 15, 2016 $1.15
Oct 22, 2016 $1.15
Oct 29, 2016 $1.15
Nov 5, 2016 $1.15
Nov 12, 2016 $1.15
Nov 19, 2016 $1.15
Nov 26, 2016 $1.15
Dec 3, 2016 $1.15
Dec 10, 2016 $1.15
Dec 17, 2016 $1.15
Dec 24, 2016 $1.15
Dec 31, 2016 $1.15
Jan 7, 2017 $1.15
Jan 14, 2017 $1.15
Jan 21, 2017 $1.15
Jan 28, 2017 $1.15
Feb 4, 2017 $1.15
Feb 11, 2017 $1.15
Feb 18, 2017 $1.15
Feb 25, 2017 $1.15
Mar 4, 2017 $1.15
Mar 11, 2017 $1.15
Mar 18, 2017 $1.15
Mar 25, 2017 $1.15
Apr 1, 2017 $1.15
Apr 8, 2017 $1.15
Apr 15, 2017 $1.15
Apr 22, 2017 $1.15
Apr 29, 2017 $1.15
May 6, 2017 $1.15
May 13, 2017 $1.15
May 20, 2017 $1.15
May 27, 2017 $1.15
Jun 3, 2017 $1.15
Jun 10, 2017 $1.15
Jun 17, 2017 $1.15
Jun 24, 2017 $1.15
Jul 1, 2017 $1.15
Jul 8, 2017 $1.15
Jul 15, 2017 $1.15
Jul 22, 2017 $1.15
Jul 29, 2017 $1.15
Aug 5, 2017 $1.15
Aug 12, 2017 $1.15
Aug 19, 2017 $1.15
Aug 26, 2017 $1.15
Sep 2, 2017 $1.15
Sep 9, 2017 $1.15
Sep 16, 2017 $1.15
Sep 23, 2017 $1.15
Sep 30, 2017 $1.15
Oct 7, 2017 $1.15
Oct 14, 2017 $1.15
Oct 21, 2017 $1.15
Oct 28, 2017 $1.15
Nov 4, 2017 $1.15
Nov 11, 2017 $1.15
Nov 18, 2017 $1.15
Nov 25, 2017 $1.15
Dec 2, 2017 $1.15
Dec 9, 2017 $1.15
Dec 16, 2017 $1.15
Dec 23, 2017 $1.15
Dec 30, 2017 $1.15
Jan 6, 2018 $1.15
Jan 13, 2018 $1.15
Jan 20, 2018 $1.15
Jan 27, 2018 $1.15
Feb 3, 2018 $1.15
Feb 10, 2018 $1.15
Feb 17, 2018 $1.15
Feb 24, 2018 $1.15
Mar 3, 2018 $1.15
Mar 10, 2018 $1.15
Mar 17, 2018 $1.15
Mar 24, 2018 $1.15
Mar 31, 2018 $1.15
Apr 7, 2018 $1.15
Apr 14, 2018 $1.15
Apr 21, 2018 $1.15
Apr 28, 2018 $1.15
May 5, 2018 $1.15
May 12, 2018 $1.15
May 19, 2018 $1.15
May 26, 2018 $1.15
Jun 2, 2018 $1.15
Jun 9, 2018 $1.15
Jun 16, 2018 $1.15
Jun 23, 2018 $1.15
Jun 30, 2018 $1.15
Jul 7, 2018 $1.15
Jul 14, 2018 $1.15
Jul 21, 2018 $1.15
Jul 28, 2018 $1.15
Aug 4, 2018 $1.15
Aug 11, 2018 $1.15
Aug 18, 2018 $1.15
Aug 25, 2018 $1.15
Sep 1, 2018 $1.15
Sep 8, 2018 $1.15
Sep 15, 2018 $1.15
Sep 22, 2018 $1.15
Sep 29, 2018 $1.15
Oct 6, 2018 $1.15
Oct 13, 2018 $1.15
Oct 20, 2018 $1.15
Oct 27, 2018 $1.15
Nov 3, 2018 $1.15
Nov 10, 2018 $1.15
Nov 17, 2018 $1.15
Nov 24, 2018 $1.15
Dec 1, 2018 $1.15
Dec 8, 2018 $1.15
Dec 15, 2018 $1.15
Dec 22, 2018 $1.15
Dec 29, 2018 $1.15
Jan 5, 2019 $1.15
Jan 12, 2019 $1.15
Jan 19, 2019 $1.15
Jan 26, 2019 $1.15
Feb 2, 2019 $1.15
Feb 9, 2019 $1.15
Feb 16, 2019 $1.15
Feb 23, 2019 $1.15
Mar 2, 2019 $1.15
Mar 9, 2019 $1.15
Mar 16, 2019 $1.15
Mar 23, 2019 $1.15
Mar 30, 2019 $1.15
Apr 6, 2019 $1.15
Apr 13, 2019 $1.15
Apr 20, 2019 $1.15
Apr 27, 2019 $1.15
May 4, 2019 $1.15
May 11, 2019 $1.15
May 18, 2019 $1.15
May 25, 2019 $1.15
Jun 1, 2019 $1.15
Jun 8, 2019 $1.15
Jun 15, 2019 $1.15
Jun 22, 2019 $1.15
Jun 29, 2019 $1.15
Jul 6, 2019 $1.15
Jul 13, 2019 $1.15
Jul 20, 2019 $1.15
Jul 27, 2019 $1.15
Aug 3, 2019 $1.15
Aug 10, 2019 $1.15
Aug 17, 2019 $1.15
Aug 24, 2019 $1.15
Aug 31, 2019 $1.15
Sep 7, 2019 $1.15
Sep 14, 2019 $1.15
Sep 21, 2019 $1.15
Sep 28, 2019 $1.15
Oct 5, 2019 $1.15
Oct 12, 2019 $1.15
Oct 19, 2019 $1.15
Oct 26, 2019 $1.15
Nov 2, 2019 $1.15
Nov 9, 2019 $1.15
Nov 16, 2019 $1.15
Nov 23, 2019 $1.15
Nov 30, 2019 $1.15
Dec 7, 2019 $1.15
Dec 14, 2019 $1.15
Dec 21, 2019 $1.15
Dec 28, 2019 $1.15
Jan 4, 2020 $1.15
Jan 11, 2020 $1.15
Jan 18, 2020 $1.15
Jan 25, 2020 $1.15
Feb 1, 2020 $1.15
Feb 8, 2020 $1.15
Feb 15, 2020 $1.15
Feb 22, 2020 $1.15
Feb 29, 2020 $1.15
Mar 7, 2020 $1.15
Mar 14, 2020 $1.15
Mar 21, 2020 $1.15
Mar 28, 2020 $1.15
Apr 4, 2020 $1.15
Apr 11, 2020 $1.15
Apr 18, 2020 $1.15
Apr 25, 2020 $326.79

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