David
Naivasha, Kenya
100% repaid
Name
David
Member since
November 2013
On-time repayments
242 installments • 10%
Am David murage wachira,born in 1966 nyeri district,nyeri county.Am married with three children.my parents are Jane gathoni kariuki and john wachira jackson.Am the first born in our family.I have five siblings,one boy and four girls.I was born in 1966.I want for primary education at kirichu primary school from 1974 to 1980.I then joined Muruguru secondary school in 1981 and finished my O level in 1985.I passed.I joined chinga boys high school in 1986 and completed my A-levels in1987.I joined kagumo teachers college in 1990 and trained as a teacher where e completed in1992.I tought in different school until 1998 when i stopped and started a carpentry business involving making and selling doors.That is the business e have done since then.I hope to buy machines to boost the business when i get Your loan
My business involves making and selling doors made of timber.It is located at Naivasha town near Naivasha general hospital.The items i sell are are very marketable since Naivasha is a growing town.In a good day i might sell 10 doors and frames making an average of ksh1000.what minimize my profit is the high cost of items and the transportation cost since we get them from Nairobi.The profit is marginal since for sh30000 i only get sh1000.
If i could buy machinery to make them by my own i could increase profit to ksh500.my business would encounter growth.With finances from you,i may be able to achieve it
NB-US$1=ksh82.
The amount you have lend me i will use sh1000 t0 buy doors and sh1500 to buy flames.Sh500 will be used to for transport.however,the amount will buy only one door and two frames.Am hoping to pay the amount first within five weeks so that i can obtain hing amount from you which can add my stock sabstancialy.my long term goal is to pay loans first so that you can loan me sh80000 which i can buy machinery to make my own items which will increase profitability.I will be able to have a large workshop which will make many items.i will be able to employ many young people which will increase their livelihood
US$1=SH80
Positive
4
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Apr 13, 2014
Repayment status
On Time
Projected term
2 months
Other loans
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Amount repaid
$50.61
Amount remaining
$0.00
Date repaid
May 9, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 26, 2014 | $5.62 | Apr 22, 2014 | $5.62 |
May 3, 2014 | $5.62 | Apr 22, 2014 | $5.55 |
Apr 29, 2014 | $0.07 | ||
May 10, 2014 | $5.62 | Apr 29, 2014 | $5.62 |
May 17, 2014 | $5.62 | Apr 29, 2014 | $5.62 |
May 24, 2014 | $5.62 | Apr 29, 2014 | $0.45 |
May 7, 2014 | $5.18 | ||
May 31, 2014 | $5.62 | May 7, 2014 | $5.62 |
Jun 7, 2014 | $5.62 | May 7, 2014 | $5.62 |
Jun 14, 2014 | $5.62 | May 7, 2014 | $5.62 |
Jun 21, 2014 | $5.62 | May 7, 2014 | $5.01 |
May 9, 2014 | $0.58 |
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