James Otete
Nairobi, Kenya
75% repaid
Name
James Otete
Member since
March 2015
On-time repayments
128 installments • 38%
My name is James Juma Otete married but not yet blessed with a kid and i live at Utawala near Githunguri. Am an engineer by profession though haven't been employed. I decided to operate a welding workshop because when i was still waiting for an employment, i had a big financial constrain that led me to open my own workshop for an employment and at least give an employment to other young men.
My workshop is located near a busy road that connects Utawala with Katani. Its a bout 150m from the main road. The name of my workshop is Luyai Glass Mart and Welding . My production is of high quality in the Estate that competes with other workshops within the Estate. My monthly turnover is Kenya shillings 200000 per month witch gives me a profit of 15000 after all expenses. I make steel gates, doors,windows and all other steel metal works.
Am planning to purches an extra welding machine that is costing me 35000khs.I need to increase the workmanship and for this to be achieved, more machines are requiered.the machine is going to help me meet targets of work to my customers, same helping me to increase workmanship.
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$203.00
Date disbursed
Jun 5, 2016
Repayment status
Late
Projected term
18 months
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