Jeremiah
Nairobi, Kangemi, Kenya
3% repaid
Name
Jeremiah
Member since
March 2014
On-time repayments
135 installments • 69%
My name is Jeremiah Wesonga I was born on 22nd of october 1990. I was born in afamily of six children and I am the fourth born. I went to a school called Kingandole Secondary school in Busia county. I later on trained as a welder inthe year 2012 to apprenticeship at Oduwa egineering workshop in Nairobi. Later I worked with douwa for about three months before starting my own workshop called Wesonga Engineering workshop. I am married to one wife with one kid. Generally I can say that I am ahardworking man who bel;ieves in eating from my own sweat. I also value honesty as I know its one very important pillar in social life.
I run a welding workshop business which I started inthe year 2013 month of March. My business entails weding and fabrication od grilled doors windows and any toher item that needs to be welded. I buy my materials from the hardwares which are mainly welding rods and black sheets also twistes , square and round bars. For the period I have done this business I realized its avery lucrative business if you have enopugh capital to make ready made items for sale. With enough capital I can even take orders from building sites and make doors and windows to syupply to them. I stand abetter chance to go far in this business simply because my area of operation I am the only one with very minimal competition. I am also very well skilled after having been in this field for more than two years. This busines is very profitable because you can find the material use d to make like one normal door can cost like $ 35 and such door when sold it goes for lowest amount of like $65 So you can see the profit is almost 100%. So if I get this money I will be able to go far in my business.
If I am graciously granted this loan, I will use part of it to increase the stock and the rest to expand my shop so since I currently have a big problem in storage of my finished products. I at times have many finished products in that is so hard word keeping them in and out due to small room. So this loan will be a great relief to help me expand my room
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$881.00
Date disbursed
May 24, 2016
Repayment status
Late
Projected term
61 months
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Amount repaid
$41.61
Amount remaining
$883.44
Expected completion
Dec 26, 2016
Status
Repaying late
Installment amount
$35.58
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 6, 2016 | $15.22 | Jun 20, 2016 | $15.22 |
Jun 13, 2016 | $0.00 | ||
Jun 20, 2016 | $0.00 | ||
Jun 27, 2016 | $2.03 | Jun 29, 2016 | $2.03 |
Jul 4, 2016 | $35.58 | Jun 29, 2016 | $13.19 |
Jul 11, 2016 | $35.58 | ||
Jul 18, 2016 | $35.58 | ||
Jul 25, 2016 | $35.58 | ||
Aug 1, 2016 | $35.58 | ||
Aug 8, 2016 | $35.58 | ||
Aug 15, 2016 | $35.58 | ||
Aug 22, 2016 | $35.58 | ||
Aug 29, 2016 | $35.58 | ||
Sep 5, 2016 | $35.58 | ||
Sep 12, 2016 | $35.58 | ||
Sep 19, 2016 | $35.58 | ||
Sep 26, 2016 | $35.58 | ||
Oct 3, 2016 | $35.58 | ||
Oct 10, 2016 | $35.58 | ||
Oct 17, 2016 | $35.58 | ||
Oct 24, 2016 | $35.58 | ||
Oct 31, 2016 | $35.58 | ||
Nov 7, 2016 | $35.58 | ||
Nov 14, 2016 | $35.58 | ||
Nov 21, 2016 | $35.58 | ||
Nov 28, 2016 | $35.58 | ||
Dec 5, 2016 | $35.58 | ||
Dec 12, 2016 | $35.58 | ||
Dec 19, 2016 | $35.58 | ||
Dec 26, 2016 | $18.30 |
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