Samson

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Samson

Member since

May 2013

On-time repayments

261 installments  •  70%

About Me

I WAS BORN IN KISUMU IN THE YEAR 1970, I WENT TO SCHOOL AT CENTRAL PRIMARY SCHOOL, FROM 1979 TO 1989 WHERE I DID MY KCPE, FROM THERE I PROCEEDED TO HIGH SCHOOL, NYANGOMA SECONDARY SCHOOL. I DID MY O LEVEL IN 1992, FROM THERE I WENT TO NAIROBI WHERE I BEGAN WORKING WITH AFRICAN HERITAGE AS AFRICAN ART PAINTER FOR ABOUT ONE AND HALF YEAR, IN 1995 I JOINED BESMO HANDICRAFT IN INDUSTRIAL AREA NAIROBI, IN 1998 I WENT BLACK ART, A KOREAN CRAFT COMPANY IN LANG'ATA, WHERE THEY INVITED ME TO PERFORM IN SOUTH KOREA, WHERE I STAYED FOR SIX MONTHS, AND CAME BACK AFTER WHICH WE BEGAN OUR OWN STUDIO IN MATHARE NORTH AREA 3, I'M MARRIED TO MRS REGINA AKINYI, WE TWO CHILDREN , REHEMA NYOMBONGO 7YRS OLD, SHE IN CLASS 2, TUMAINI JUMA 3YRS OLD, HE IS IN NURSERY.

My Business

ABOUT OUR BUSINESS, WE DEAL WITH, SOAP STONE SCULPTURES, FABRICS PRINTING, MOLDING, JEWELLERY, AND WOOD CARVINGS. WE ARE MAJORLY EXPERT IN PAINTING ARTS, IE PAINTING ON SOAP STONES SUCH AS BOWLS, CANDLE HOLDERS, FLOWER VASES, CARD HOLDERS ETC. ON PAINTING WE USE IMPORTED PAINTS WHICH IS CALLED ACRYLIC, THIS MAKES OUR WORK ATTRACTIVE TO OUR CUSTOMERS BOTH LOCALLY AND INTERNATIONALLY, THE CHALLENGES WE ARE FACING ARE, TRANSPORTATION, MARKETING, EXPOSURE, AND MANPOWER. ON MARKETING: WE DO NOT HAVE ENOUGH CAPITAL BASE (MONEY) TO STOCK OUR STUFFS, HENCE IT MAKES IT EASY FOR MIDDLE MEN TO COME AND EXPLOIT US, THEY COME AND BUY OUR STUFFS FOR A SMALLER AMOUNT KEEPING US NOT EXPOSED TO THE MARKET. OUR VISION IS TO SELL OUR STUFFS DIRECTLY INTO THE MARKET BOTH LOCALLY AND INTERNATIONALLY, BY DOING THESE WE ALSO ARE PLANNING TO CREATE JOB OPPORTUNITY FOR SCHOOL LEAVERS AND GIVE BACK TO THE COMMUNITY THROUGH THIS.

Loan Proposal

After getting the loan, KES 8000, I am planning to buy 70 pcs of bowls at KES 100 each, which will amount to KES 7000, I am planning to supply my Arusha customer Mr. Musoka, 60 pcs of bowls which have been already ordered. the bowls, will be paid after Two days as we agree, the return I will use to buy 100pcs of bowls which I will supply to my village market customers and Yaya center shops. I am aiming to supply these products before valentine mid next month. I would like to introduce different type of bowls to the market e.g oval bowls, square bowls, deep bowls, Chinese tray.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$94.00

Date disbursed

Jan 18, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

Pierfausto

Rome, Italy

Tom44

Vancouver, Canada

Padrino

Kilkenny, Ireland

Sarasota

Sarasota, Fl, United States

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Summary

Amount repaid

$94.61

Amount remaining

$0.00

Date repaid

Jun 4, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 26, 2014 $18.92 Feb 16, 2014 $5.88
Feb 24, 2014 $5.88
Mar 4, 2014 $5.88
Mar 12, 2014 $1.27
Feb 2, 2014 $18.92 Mar 12, 2014 $4.61
Mar 18, 2014 $5.88
Mar 25, 2014 $5.88
Apr 1, 2014 $2.54
Feb 9, 2014 $18.92 Apr 1, 2014 $3.34
Apr 9, 2014 $5.88
Apr 16, 2014 $5.88
Apr 22, 2014 $3.81
Feb 16, 2014 $18.92 Apr 22, 2014 $2.07
Apr 29, 2014 $5.88
May 6, 2014 $5.88
May 14, 2014 $5.08
Feb 23, 2014 $18.92 May 14, 2014 $0.80
May 21, 2014 $5.88
May 27, 2014 $5.88
Jun 3, 2014 $6.35

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