Name
Samson
Member since
May 2013
On-time repayments
261 installments • 70%
I WAS BORN IN KISUMU IN THE YEAR 1970, I WENT TO SCHOOL AT CENTRAL PRIMARY SCHOOL, FROM 1979 TO 1989 WHERE I DID MY KCPE, FROM THERE I PROCEEDED TO HIGH SCHOOL, NYANGOMA SECONDARY SCHOOL. I DID MY O LEVEL IN 1992, FROM THERE I WENT TO NAIROBI WHERE I BEGAN WORKING WITH AFRICAN HERITAGE AS AFRICAN ART PAINTER FOR ABOUT ONE AND HALF YEAR, IN 1995 I JOINED BESMO HANDICRAFT IN INDUSTRIAL AREA NAIROBI, IN 1998 I WENT BLACK ART, A KOREAN CRAFT COMPANY IN LANG'ATA, WHERE THEY INVITED ME TO PERFORM IN SOUTH KOREA, WHERE I STAYED FOR SIX MONTHS, AND CAME BACK AFTER WHICH WE BEGAN OUR OWN STUDIO IN MATHARE NORTH AREA 3, I'M MARRIED TO MRS REGINA AKINYI, WE TWO CHILDREN , REHEMA NYOMBONGO 7YRS OLD, SHE IN CLASS 2, TUMAINI JUMA 3YRS OLD, HE IS IN NURSERY.
ABOUT OUR BUSINESS, WE DEAL WITH, SOAP STONE SCULPTURES, FABRICS PRINTING, MOLDING, JEWELLERY, AND WOOD CARVINGS. WE ARE MAJORLY EXPERT IN PAINTING ARTS, IE PAINTING ON SOAP STONES SUCH AS BOWLS, CANDLE HOLDERS, FLOWER VASES, CARD HOLDERS ETC. ON PAINTING WE USE IMPORTED PAINTS WHICH IS CALLED ACRYLIC, THIS MAKES OUR WORK ATTRACTIVE TO OUR CUSTOMERS BOTH LOCALLY AND INTERNATIONALLY, THE CHALLENGES WE ARE FACING ARE, TRANSPORTATION, MARKETING, EXPOSURE, AND MANPOWER. ON MARKETING: WE DO NOT HAVE ENOUGH CAPITAL BASE (MONEY) TO STOCK OUR STUFFS, HENCE IT MAKES IT EASY FOR MIDDLE MEN TO COME AND EXPLOIT US, THEY COME AND BUY OUR STUFFS FOR A SMALLER AMOUNT KEEPING US NOT EXPOSED TO THE MARKET. OUR VISION IS TO SELL OUR STUFFS DIRECTLY INTO THE MARKET BOTH LOCALLY AND INTERNATIONALLY, BY DOING THESE WE ALSO ARE PLANNING TO CREATE JOB OPPORTUNITY FOR SCHOOL LEAVERS AND GIVE BACK TO THE COMMUNITY THROUGH THIS.
THIS IS HOW I WILL USE THE LOAN, SHS 3500.00 I WILL USE TO BUY 70PCS OF 4" ROUND WOODEN BOWLS, AT A COST OF SHS 50.00 EACH, I WILL TAKE SHS.1000.00 FOR BUYING PAINTS TO DECORATE THESE BOWLS, THE REST OF THE AMOUNT I WILL SPARE FOR TRANSPORTING THESE ITEMS TO THE MARKET FOR SALE. THANKS FOR THE SUPPORT
Positive
9
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$97.00
Date disbursed
May 30, 2013
Repayment status
On Time
Projected term
12 months
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Amount repaid
$108.06
Amount remaining
$0.00
Date repaid
Jan 6, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 12, 2013 | $9.00 | Jul 6, 2013 | $9.00 |
Aug 12, 2013 | $9.00 | Jul 6, 2013 | $9.00 |
Sep 12, 2013 | $9.00 | Aug 9, 2013 | $9.00 |
Oct 12, 2013 | $9.00 | Aug 9, 2013 | $0.15 |
Sep 9, 2013 | $8.85 | ||
Nov 11, 2013 | $9.00 | Sep 9, 2013 | $8.83 |
Oct 12, 2013 | $0.17 | ||
Dec 11, 2013 | $9.00 | Oct 12, 2013 | $8.85 |
Nov 12, 2013 | $0.15 | ||
Jan 11, 2014 | $9.00 | Nov 12, 2013 | $8.88 |
Dec 5, 2013 | $0.12 | ||
Feb 11, 2014 | $9.00 | Dec 5, 2013 | $9.00 |
Mar 12, 2014 | $9.00 | Dec 5, 2013 | $9.00 |
Apr 12, 2014 | $9.00 | Dec 5, 2013 | $8.71 |
Jan 6, 2014 | $0.29 | ||
May 12, 2014 | $9.00 | Jan 6, 2014 | $9.00 |
Jun 12, 2014 | $9.00 | Jan 6, 2014 | $9.00 |
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