New machines for my contractor business

John

Kiptagwanyi Kenya, Kenya

100% repaid

Entrepreneur

Name

John

Member since

July 2012

On-time repayments

243 installments  •  52%

About Me

My name is John ndegwa, in our language kikuyu in Kenya, the word ndegwa means a bull cow. I'm the third child in my late father's family. My both parents died late 80s. I helped to raise my youngest brother and sisters who were left by our parents when young. Having not being Soo much educated I didn't get a good job, so I became just a business man.

My Business

I'm a young contactor in building. I started the business due to my talent in building since from school. During my learning in school, there was a subject taught known as art and craft. I learned to build walls made of mud bricks in school. This is how I got interested in massonary work. Later, when I grew up, I started building houses for payment to people in my neighborhood. It later came to be my eaning business. It has helped me to raise a family.

Loan Proposal

With loan, I want to buy new vibrating machine. The one I'm using for now is old and not efficient. Having a new one will very much help to raise my growing business. This machine for now is having much demand taking in mind that people are changing to modern ways and styles in building.

Income Source

There before, I used to get little profit due to lack of working machines. I bought mixer machine and vibrator. Using this machines profit highly raised. With the machines I have now, I can't meet the demand, so need additional machines. This will also expand my business area and therefore have much profit.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$467.00

Date disbursed

Aug 11, 2020

Repayment status

On Time

Projected term

2 months

Lenders

roark22

Geneva, Switzerland

Paul Buchheit

Mountain View, United States

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