Name
James
Member since
November 2015
On-time repayments
82 installments • 17%
My name is James Ngutio I was born in 1990. I was born in a family of six children and I am the fourth born. I went to a school called Menengai Boys Secondary school in Nakuru county. I later on trained as a welder in the year 2012 to apprenticeship at Oduwa engineering workshop in Naivasha Later I worked with douwa for about three months before starting my own workshop called Ngutio Engineering workshop. I am married to one wife with one kid. Generally I can say that I am a hardworking man who believes in eating from my own sweat. I also value honesty as I know its one very important pillar in social life.
My business mainly involves welding and fabrication and I started this business more than 2 years ago. I started this business so that I could be able to earn more income to enable me improve my standards of living. My biggest challenge is lack of enough tools for my business. My future dreams is that my business will be the best performing company in East Africa and the best training center in Naivasha. In a month i make net profits of upto $ 200 which i use to buy more materials for my business and the rest cater for my family needs. I have great vision of expanding my business more.
I thank Zidisha family for this opportunity. Given the loan together with my savings I plan to spent as follows:
1. Buy a new welding machine which will cost me around $ 90 to help me when I get work to go in the field I can carry it and retain the current one in the workshop as I can now hire somebody to help when there is a lot of work.
2.The rest I will use to buy more material for the making of steel windows and doors for display. This will cost me roughly $ 50.
3. The other amount I will but welding rods, cutting and grinding disks and paint.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Nov 26, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Amount repaid
$210.23
Amount remaining
$0.00
Date repaid
Mar 14, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Dec 6, 2015 | $1.70 | Dec 12, 2015 | $1.70 |
Dec 13, 2015 | $0.00 | ||
Dec 20, 2015 | $1.00 | Dec 24, 2015 | $1.00 |
Dec 27, 2015 | $1.00 | Dec 24, 2015 | $1.00 |
Jan 3, 2016 | $1.00 | Dec 24, 2015 | $0.15 |
Jan 4, 2016 | $0.50 | ||
Jan 4, 2016 | $0.35 | ||
Jan 10, 2016 | $1.00 | Jan 4, 2016 | $0.15 |
Jan 10, 2016 | $0.85 | ||
Jan 17, 2016 | $1.00 | Jan 10, 2016 | $0.15 |
Jan 18, 2016 | $0.85 | ||
Jan 24, 2016 | $1.00 | Jan 18, 2016 | $0.15 |
Jan 28, 2016 | $0.85 | ||
Jan 31, 2016 | $1.00 | Jan 28, 2016 | $1.00 |
Feb 7, 2016 | $1.00 | Jan 28, 2016 | $0.15 |
Feb 17, 2016 | $0.85 | ||
Feb 14, 2016 | $1.00 | Feb 17, 2016 | $0.95 |
Feb 29, 2016 | $0.05 | ||
Feb 21, 2016 | $1.00 | Feb 29, 2016 | $1.00 |
Feb 28, 2016 | $1.00 | Feb 29, 2016 | $1.00 |
Mar 6, 2016 | $0.75 | Feb 29, 2016 | $0.75 |
Mar 13, 2016 | $196.78 | Mar 13, 2016 | $0.50 |
Mar 13, 2016 | $0.50 | ||
Mar 14, 2016 | $195.78 |
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