Welding machine for employee to use at my vehicle repair shop

James

Nairobi, Kenya

75% repaid

Entrepreneur

Name

James

Member since

March 2015

On-time repayments

128 installments  •  38%

About Me

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 Business

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.

Loan Proposal

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.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$203.00

Date disbursed

Jun 5, 2016

Repayment status

Late

Projected term

18 months

Lenders

Martin

Manama, Bahrain

E

explosionsky

Brooklyn, United States

V

Vivek

Arlington, VA, United States

Carl D Patterson

United Kingdom

Thomas

Sweden, Sweden

J

James

United States

James

London, United Kingdom

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

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