Timothy
Ruiru, Kenya
$0 to go
100% funded of $299 goal
0
days left
Name
Timothy
Member since
November 2014
On-time repayments
54 installments • 48%
I'm the 4th born in a family of 5 brothers and a diploma holder in computer engineering. Having looked for job in almost 3 years unsuccessfully, I ventured into construction as a manual laborer, moved from there and become a foreman. I then started taking small time contracts where I hire workers and take on small contracts. I mainly deal with fixing windows in new constructed buildings.
Besides being a small contractor I am a father to one loved daughter and a born again christian.
I deal with fixing windows in newly constructed buildings and also i put window Grills using Clome pipes materials.New fashions of buildings are coming up,hence calling up for new styles of windows and me being a professional in fixing windows I chose the job.The kind of windows I fix are more beautiful and more secure. I mainly charge depending on the size of the building and size of windows. I have one full-time employee and hire others depending on the availability of the jobs.
During peak months, I make up to $ 1,050 but there are months I make as little as $ 400 during low seasons.
My costs depend on the magnitude of the job and involves buying glasses, putty,Clomes and other add-ons that are needed to fix windows. I use the money gotten to pay my employees,domestic use and re-invest in the business by buying equipments. Also I have engaged in tree planting program at our nearby forest in the village where I come from.
My business of fixing windows has greatly improved and the demand of decorations of windows has moved to a new stage in my area of work. Clome pipes are on higher demand for windows grills. I am planing to buy them in large quantities to have them ready for my clients. Also I want to buy a drilling machine to help me fasten and ease my work. This will push my profit margin to a higher graph, to approximately 30%,from the current profit.
-Clome pipes,about 23 pieces @ $9 per piece which is $207
-Electrical Drill @ $76
I will even be able to employ another hand since I expect the demand to be high hence making more profit.
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Project Type
Classic Loan
Disbursed amount
$299.00
Date disbursed
Nov 3, 2015
Repayment status
Late
Projected term
6 months
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