Name
John
Member since
March 2015
On-time repayments
283 installments • 73%
I am the 1st born in the family of 8 children. Having completed form 4 education,i joined Kenya Polytechnic and atained Building & Construction Certificate.Deu to job scarsity,i started working as casual labourer in construction sites,and i managed to save some money which helped me to start up a small business. In the area where i live,most people do business and others partial farming.My 2 daughters still schooling in primary level,one wishes to be a pilot and the other one a doctor.I exploring business journals
I do interior fittings in both modern & old houses using woods,aluminium & glasses materials.Most clients prefer them because they light,quick to install & beautiful.Despite that am good in this work and its accountings are so straight forward i realized the demand is high than the fitters.The job cost $650 and it rewards me with $250 in a week.I usualy pay school fees,domestic use,transport, house rent & reinvest in growing my business.
Since now am able to take contracts in inrerior fittings, and wining more clients, the loan will help me purchase the materials in large quantities. This will ensure a bigger out put and hence more profit of about 45%. I will also be able to create more work vacancies by employing a bigger staff. The materials that am going to purchase and the prices are:- PVC pannels for $230, PVC conniesses for $50 special nails for$20.
Positive
11
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$396.00
Date disbursed
Oct 20, 2015
Repayment status
On Time
Projected term
3 months
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