Purchase concrete mixer for rent to diversify my earnings
Ken
Thika, Kenya
100% repaid
Entrepreneur
Name
Ken
Member since
July 2015
On-time repayments
263 installments • 27%
About Me
I am a first born kid in a family of four children. I have had my 8-4-4 education from primary to university level. Throughout the education, I experienced different hardships that include financial challenges, which I overcame by running small errands for people where I would get paid. I started my personal online based business after an introduction by a friend. My land is unique because it has a warm and hot climate, which makes me love swimming as my greatest hobby.
My Business
My business is online based where I write articles and get paid. Currently, I have ventured into construction based business work where I hire out construction machinery. This business is suitable for me because I am able to manage my time and deliver quality services to the clients. Profits from the business assist in future investments to sustain the growth and expansion of the business.
Loan Proposal
With the loan, I will make savings to increase my capital that I need to use in buying a concrete mixer for construction work. The mixer will be hired on daily basis to individuals involved in the construction work, where I get payments at the end of the day for the services provision.
About Me
I am a first born kid in a family of four children. I have had my 8-4-4 education from primary to university level. Throughout the education, I experienced different hardships that include financial challenges, which I overcame by running small errands for people where I would get paid. I started my personal online based business after an introduction by a friend. My land is unique because it has a warm and hot climate, which makes me love swimming as my greatest hobby.
My Business
My business is online based where I write articles and get paid. Currently, I have ventured into construction based business work where I hire out construction machinery. This business is suitable for me because I am able to manage my time and deliver quality services to the clients. Profits from the business assist in future investments to sustain the growth and expansion of the business.
Loan Proposal
With the loan, I will make a saving to increase my capital that I need to use in buying a concrete mixer for construction work. The mixer will be hired on daily basis to individuals involved in the construction work where I get payments at the end of the day for the services provision.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Aug 3, 2015
Repayment status
On Time
Projected term
7 weeks
Other loans
Lenders
United States
Summary
Amount repaid
$52.25
Amount remaining
$0.00
Date repaid
Sep 18, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 16, 2015 | $7.00 | Aug 14, 2015 | $7.00 |
| Aug 23, 2015 | $7.00 | Aug 20, 2015 | $7.00 |
| Aug 30, 2015 | $7.00 | Aug 25, 2015 | $7.00 |
| Sep 6, 2015 | $7.00 | Sep 6, 2015 | $7.00 |
| Sep 13, 2015 | $7.00 | Sep 12, 2015 | $7.00 |
| Sep 20, 2015 | $7.00 | Sep 18, 2015 | $7.00 |
| Sep 27, 2015 | $10.25 | Sep 18, 2015 | $10.25 |
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