Dear lenders thanks for the loan and am happy i paid on time and i wish to request another loan to finance my business...
James
340, Kenya
100% repaid
Entrepreneur
Name
James
Member since
April 2013
On-time repayments
382 installments • 89%
About Me
My name is James Mwangi Kamau. I am married with two kids and I live at Utawala near MC Area where I run a hardware shop. I am an accountant by profession and after working for over 10 years in a formal sector I decided to start my business of selling hardware equipments and building materials. I started this business because the job where I was employed before was not paying well and I needed more money to be able to cater the needs of my family and expand financially. The hardware business in our area is more profitable because is a new upcoming real estate and many domiciles are under construction.
My Business
My hardware business is located near a busy road that connects Utawala with the rest of the Estate. Its about 200m from the main road. The name of the shop is "Jaba Hardware" and is a brand name of the whole estate and many customers prefer my goods because they are of high quality and I provide better customer service. I have employed two workers to help deliver the goods to my customers on time. My monthly turnover is Kenya shillings 400000 per month, which gives me a profit of Ksh 20000 after incurring all the expenses . I sell building equipments such as hammers, saws, nails, priers and building materials such as sand, ballast, stones, timber, iron sheets and sanitary wares.
Loan Proposal
To finance my business of Hardware business, to increase my stock so that the customer can access variety of products for building their homes. I will by more building equipment, cements, sand and stone. I hope mu business will grow with type by you generous contribution from you my lender, All you biding are welcome and I hope you will partner with me and work together in this globle village of E-Commerce.
About Me
Hi Hi My name is James Mwangi Kamau am married with three Kinds and I live at Utawala near MC Area where I run a hardware shop. I am an accountant by profession and After working for over 10 years in a formal sector I decided to start my business of selling hardware equipment and building materials. I started this business because the job was employed was not paying well and I need more money to be able to cater for my family and expand financial. The hardware business in our area is more profitable because is a new upcoming Estate and many houses are under construction. My first born joined national school he is in form 2. He wish to became a doctor and second born a doctor and third born a teacher/ lecturer
My Business
My hardware business is located near a busy road that connects Utawala with the rest of the Estate. Its about 200m from the main road. The name of the shop is called Jaba Hardware and is a brand name in the whole estate and many costumes prefer my goods because they are of high quality and better customer service. I have employed two workers to help deliver the goods to my Customer on time. My monthly turnover is kenya shillings 1,900,000 month which which gives me a profit of Ksh 80000 after all the expenses . I sell building equipments such as hammers, saws, nails,priers and building materials such as sand,ballast, stones, Timber,iron sheets and sanitary wares and cement in bulk. The profits I get I use to pay loan and iam currently building a big premises for my business to shift but I have not shifted since I bought a lorry for collecting stock especially cement and other as I am intending to become a Contructor and I am in processor registering a company a and I pay School fees for my kids
Loan Proposal
To finance my business of Hardware business, to increase my stock so that the customer can access variety of products for building their homes. I will by more building equipment, cements, sand and stone. I hope mu business will grow with type by you generous contribution from you my lender, All you biding are welcome and I hope you will partner with me and work together in this globle village of E-Commerce.
Feedback
Positive
6
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$320.00
Date disbursed
Feb 10, 2014
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
Chicago, United States
Leiderdorp, Netherlands
United States
Ask James a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$336.82
Amount remaining
$0.00
Date repaid
Aug 19, 2014
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 23, 2014 | $11.61 | Feb 17, 2014 | $7.65 |
| Feb 21, 2014 | $3.96 | ||
| Mar 2, 2014 | $11.61 | Feb 21, 2014 | $0.04 |
| Mar 1, 2014 | $11.58 | ||
| Mar 10, 2014 | $11.61 | Mar 1, 2014 | $0.07 |
| Mar 8, 2014 | $11.54 | ||
| Mar 17, 2014 | $11.61 | Mar 8, 2014 | $0.11 |
| Mar 16, 2014 | $11.51 | ||
| Mar 24, 2014 | $11.61 | Mar 16, 2014 | $0.14 |
| Mar 23, 2014 | $11.47 | ||
| Mar 31, 2014 | $11.61 | Mar 23, 2014 | $0.18 |
| Mar 30, 2014 | $11.44 | ||
| Apr 7, 2014 | $11.61 | Mar 30, 2014 | $0.21 |
| Apr 6, 2014 | $11.40 | ||
| Apr 14, 2014 | $11.61 | Apr 6, 2014 | $0.25 |
| Apr 13, 2014 | $11.36 | ||
| Apr 21, 2014 | $11.61 | Apr 13, 2014 | $0.28 |
| Apr 20, 2014 | $11.33 | ||
| Apr 28, 2014 | $11.61 | Apr 20, 2014 | $0.32 |
| Apr 28, 2014 | $11.29 | ||
| May 5, 2014 | $11.61 | Apr 28, 2014 | $0.35 |
| May 4, 2014 | $11.26 | ||
| May 12, 2014 | $11.61 | May 4, 2014 | $0.39 |
| May 11, 2014 | $11.22 | ||
| May 19, 2014 | $11.61 | May 11, 2014 | $0.42 |
| May 18, 2014 | $11.19 | ||
| May 26, 2014 | $11.61 | May 18, 2014 | $0.46 |
| May 25, 2014 | $11.15 | ||
| Jun 2, 2014 | $11.61 | May 25, 2014 | $0.49 |
| Jun 2, 2014 | $11.12 | ||
| Jun 9, 2014 | $11.61 | Jun 2, 2014 | $0.53 |
| Jun 8, 2014 | $11.08 | ||
| Jun 16, 2014 | $11.61 | Jun 8, 2014 | $0.56 |
| Jun 15, 2014 | $11.05 | ||
| Jun 23, 2014 | $11.61 | Jun 15, 2014 | $0.60 |
| Jun 22, 2014 | $11.01 | ||
| Jun 30, 2014 | $11.61 | Jun 22, 2014 | $0.64 |
| Jun 29, 2014 | $10.98 | ||
| Jul 7, 2014 | $11.61 | Jun 29, 2014 | $0.67 |
| Jul 8, 2014 | $10.94 | ||
| Jul 14, 2014 | $11.61 | Jul 8, 2014 | $0.71 |
| Jul 14, 2014 | $10.91 | ||
| Jul 21, 2014 | $11.61 | Jul 14, 2014 | $0.74 |
| Jul 20, 2014 | $10.87 | ||
| Jul 28, 2014 | $11.61 | Jul 20, 2014 | $0.78 |
| Jul 26, 2014 | $10.84 | ||
| Aug 4, 2014 | $11.61 | Jul 26, 2014 | $0.81 |
| Aug 2, 2014 | $10.80 | ||
| Aug 11, 2014 | $11.61 | Aug 2, 2014 | $0.85 |
| Aug 10, 2014 | $10.76 | ||
| Aug 18, 2014 | $11.61 | Aug 10, 2014 | $0.88 |
| Aug 17, 2014 | $10.73 | ||
| Aug 25, 2014 | $11.61 | Aug 17, 2014 | $0.92 |
| Aug 18, 2014 | $10.69 | ||
| Sep 1, 2014 | $11.61 | Aug 18, 2014 | $11.61 |
| Sep 8, 2014 | $11.61 | Aug 18, 2014 | $11.58 |
Loading...