Michael Malewa
Nairobi , Kenya
$0 to go
100% funded of $408 goal
0
days left
Name
Michael Malewa
Member since
March 2019
On-time repayments
11 installments • 27%
I'm Michael malewa Musani from kitale district kinyoro division Nzoia village,I was born on 28/05/1969,I'm married with three childrens,my level of education is form after completing form four in kinyoro secondary school then I joined Nairobi school of Engineering college,where I deed Engineering department for three years,I graduated in 1995 I'm a professional engineer I started my entrepreneur of my own business after completing my studies,I began this business in In 2004 with hardware selling ion sheets,pipes,cement,and other things I'm operating through this business,I mainly involved in hardware and stock this business has helped me to educate my childrens and other development's that I'm running in my family.
my main business,I have my hardware,stock but mainly I'm focusing on hardware I have experiment with this business,there's a way I handle my customers mospecial I do give them some discount that's why my things are high demanded and it as helped me so much,I make a profit of $700 average of a month and some of this profits I pay revenue,paying rent for this business,school fees and other things.
I will use my loan to purchase some equipments like cement,iron sheets,pipes to purchase all this equipment it cost $1800 because each ironsheets cost $15 and I'm also planning to add 50 iron sheets plus cement.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$408.00
Date disbursed
Mar 28, 2019
Repayment status
Late
Projected term
8 weeks
Other loans
Amount repaid
$0.00
Amount remaining
$408.36
Expected completion
May 27, 2019
Status
Repaying late
Installment amount
$51.05
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 8, 2019 | $51.05 | ||
Apr 15, 2019 | $51.05 | ||
Apr 22, 2019 | $51.05 | ||
Apr 29, 2019 | $51.05 | ||
May 6, 2019 | $51.05 | ||
May 13, 2019 | $51.05 | ||
May 20, 2019 | $51.05 | ||
May 27, 2019 | $51.05 |
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