Welding materials to make windows and doors
Charles
Rusinga Island, Kenya
100% repaid
Entrepreneur
Name
Charles
Member since
May 2015
On-time repayments
33 installments • 21%
About Me
I am Charles Alando, I was born in 1988 in Rarieda District of Siaya County, Kenya. I went to Got Kojwang' Primary School, where I sat for my KCPE in the year 2001. I joined a Kawuondi Secondary School in the year 2002 but dropped in Form Two due to lack of school fee.
After I dropped from school, I joined informal artisanship sector as welder in metal works since 2005 where I started my own business to make steel doors, windows, gates, and all types of metal works. I am was married to the late Cynthia Akoth (RIP) and we were blessed with 1 child (Marsden Madoka) and he is learning in a private school in Mbita town. In my free time, I do visit friends and socialize.
My Business
I am operating a metalwork shop. My business deals with metals works, battery charging and paintings.
I am dealing with chairs, tables, beds, metal gates, iron bars, windows and doors. I serve local schools and individual clients involved in construction work.
The business is marketable as so many buildings are coming up in the Homa Bay County as the town is expanding, through this business I can be able to repay the loan while I feed my family and educate my children.
I have also enrolled for an evening classes to undertake an early childhood teacher education course to enable me acquire formal education certification for my future aspiration as a teacher or school proprietor to help improve education standard of poor children in my local community of Mbita.
Loan Proposal
I am seeking a loan of US$ 100 to enable me buy raw materials for production of 5 windows that are urgently required by Mbita High School. I will make a profit of US$ 60 from the 5 windows, this money will enable me to buy more materials for large scale production of customized and ready made windows, doors and gates for clients that likes my workshop for good workmanship and modern designwork on metals.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jun 1, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Bremen, Germany
United States
United States
Summary
Amount repaid
$105.28
Amount remaining
$0.00
Date repaid
Apr 27, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 14, 2015 | $10.53 | Jun 14, 2015 | $10.53 |
| Jun 21, 2015 | $10.53 | Jun 23, 2015 | $10.53 |
| Jun 28, 2015 | $10.53 | Jun 28, 2015 | $3.68 |
| Jul 1, 2015 | $2.11 | ||
| Jul 3, 2015 | $4.74 | ||
| Jul 5, 2015 | $10.00 | Jul 3, 2015 | $0.53 |
| Jul 7, 2015 | $2.11 | ||
| Jul 10, 2015 | $5.26 | ||
| Jul 10, 2015 | $2.11 | ||
| Jul 12, 2015 | $0.00 | ||
| Jul 19, 2015 | $4.21 | Jul 16, 2015 | $4.21 |
| Jul 26, 2015 | $4.21 | Jul 16, 2015 | $1.05 |
| Aug 1, 2015 | $3.16 | ||
| Aug 2, 2015 | $4.21 | Aug 7, 2015 | $2.11 |
| Aug 10, 2015 | $2.11 | ||
| Aug 9, 2015 | $4.21 | Aug 14, 2015 | $1.05 |
| Apr 27, 2016 | $3.16 | ||
| Aug 16, 2015 | $4.21 | Apr 27, 2016 | $4.21 |
| Aug 23, 2015 | $4.21 | Apr 27, 2016 | $4.21 |
| Aug 30, 2015 | $4.21 | Apr 27, 2016 | $4.21 |
| Sep 6, 2015 | $4.21 | Apr 27, 2016 | $4.21 |
| Sep 13, 2015 | $4.21 | Apr 27, 2016 | $4.21 |
| Sep 20, 2015 | $4.21 | Apr 27, 2016 | $4.21 |
| Sep 27, 2015 | $4.21 | Apr 27, 2016 | $4.21 |
| Oct 4, 2015 | $4.21 | Apr 27, 2016 | $4.21 |
| Oct 11, 2015 | $4.21 | Apr 27, 2016 | $4.21 |
| Oct 18, 2015 | $4.21 | Apr 27, 2016 | $4.21 |
| Oct 25, 2015 | $4.76 | Apr 27, 2016 | $4.76 |
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