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.
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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
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