Name
James
Member since
December 2015
On-time repayments
396 installments • 92%
I am the second born son in a family of four. My younger two siblings are girls whom we used to cook for with my older brother as our parents went to work.
I was brought up in a tiny village Central Kenya, Mount Kenya region.I started basic education in a local school and cotinued to primary education. As young boys i recall as we went swimming in a river that flows down deep ridges and our parents got worried very much.
Later i went to Thika town for my secondary education at Thika High School.
Later i went to study Aircraft Maintenance course in our city Nairobi at Wilson Airport and got a certificate in engine & airframe.While there i also studied Electrical science. I got employment in a local maintenance firm that later collapsed. From there i started vending fresh vegetables at Wangige Market near our city Nairobi.
At Nairobi life wasn't easy at all. At some point i decided to live in the slums because good rooms were so expensive to rent. So i moved to Dandora slums. I even went a step further to walking half distance to work and half by bus to save some cash.
In early year 2015 i felt it was time to be an entrepreneur because i was still struggling for my needs. I had enough skills so retreated back to the village where my Mum gave me a small room to establish a workshop at home. Life was so hard trying to establish myself until ZIDISHA came to my rescue where i got a loan to rent a big workshop in our local shopping center where i have grown steadly. Thanks to all Lenders.
Every year i pay 70 USD to our local county authority for business licence and a monthly rent of 70 USD. I also pay 170 USD per week to wages of my employees.
I do re-invest my profits in my business, support to my parents and my siblings,also community projects contributions and also buying construction materials for a rental house i keep on developing and adding more units. I also support two elderly women who are about 100 yrs old by visiting them regularly. Of late am also supporting an old Man, a war Veteran through food stuff. I love caring for the needy.
My business operates under the name Jaycobs Electric & Building Services. I operate a workshop and a sales section where we sell electrical fittings, lightings, conduits, electronics repair, and offer consultations.
In the workshop we do electrical and electronics repair, mechanical repairs and installations.
In average we make a monthly profit of 700 to 900 USD.
Having looked on my clients demand and more walk ins in terms of service jobs am looking towards creating an extra workbench where i shall place another technician.
Am also to do some inventory on some lighting and security fittings that are in demand.
Additional Service Bench contruction USD 400
Strobe lights inventory USD 150
Sirens inventory USD 200
LED lightings inventory USD 150
Amoured cables inventory USD 200
Workshop research computer USD 400
When i get this loan and achieve the above i will be able to have more financial stability in my business as well the computer will help me acquire more knowledge and therefore complete my service jobs in time. The additional Service bench will create a working space for a new technician that am going to hire.
On my evaluation my profit will increase by 500 dollars per month.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,487.00
Date disbursed
Dec 9, 2017
Repayment status
On Time
Projected term
7 months
Other loans
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Amount repaid
$1,486.51
Amount remaining
$0.00
Date repaid
Aug 9, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Dec 21, 2017 | $34.49 | Dec 22, 2017 | $34.49 |
Dec 28, 2017 | $34.49 | Dec 28, 2017 | $34.49 |
Jan 4, 2018 | $34.49 | Jan 5, 2018 | $34.49 |
Jan 11, 2018 | $34.49 | Jan 12, 2018 | $34.49 |
Jan 18, 2018 | $34.49 | Jan 20, 2018 | $34.49 |
Jan 25, 2018 | $34.49 | Jan 28, 2018 | $34.49 |
Feb 1, 2018 | $34.49 | Feb 4, 2018 | $34.49 |
Feb 8, 2018 | $34.49 | Feb 12, 2018 | $34.49 |
Feb 15, 2018 | $34.49 | Feb 18, 2018 | $34.49 |
Feb 22, 2018 | $34.49 | Feb 25, 2018 | $34.49 |
Mar 1, 2018 | $34.49 | Mar 4, 2018 | $34.49 |
Mar 8, 2018 | $34.49 | Mar 11, 2018 | $34.49 |
Mar 15, 2018 | $34.49 | Mar 21, 2018 | $34.49 |
Mar 22, 2018 | $34.49 | Mar 26, 2018 | $34.49 |
Mar 29, 2018 | $34.49 | Apr 3, 2018 | $34.49 |
Apr 5, 2018 | $34.49 | Apr 10, 2018 | $34.49 |
Apr 12, 2018 | $34.49 | Apr 19, 2018 | $34.49 |
Apr 19, 2018 | $34.49 | Apr 27, 2018 | $34.49 |
Apr 26, 2018 | $34.49 | Apr 27, 2018 | $34.49 |
May 3, 2018 | $34.49 | May 10, 2018 | $34.49 |
May 10, 2018 | $34.49 | May 16, 2018 | $34.49 |
May 17, 2018 | $34.49 | May 22, 2018 | $34.49 |
May 24, 2018 | $34.49 | May 30, 2018 | $34.49 |
May 31, 2018 | $34.49 | Jun 6, 2018 | $34.49 |
Jun 7, 2018 | $34.49 | Jun 16, 2018 | $34.49 |
Jun 14, 2018 | $34.49 | Jun 20, 2018 | $34.49 |
Jun 21, 2018 | $34.49 | Jun 30, 2018 | $34.49 |
Jun 28, 2018 | $34.49 | Jun 30, 2018 | $34.49 |
Jul 5, 2018 | $34.49 | Jul 11, 2018 | $34.49 |
Jul 12, 2018 | $34.49 | Jul 18, 2018 | $34.49 |
Jul 19, 2018 | $34.49 | Jul 24, 2018 | $34.49 |
Jul 26, 2018 | $34.49 | Jul 24, 2018 | $34.49 |
Aug 2, 2018 | $205.46 | Aug 6, 2018 | $205.46 |
Aug 9, 2018 | $177.38 | Aug 9, 2018 | $177.38 |
Mary Nov 14, 2018
camilberlin Mar 19, 2017
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