Loan to buy a carwash machine

Wilfred

Chitago, Kenya

100% repaid

Entrepreneur

Name

Wilfred

Member since

June 2015

On-time repayments

122 installments  •  72%

About Me

I am from a family that is not well of, though we had a small farm where we did cashcrop farming. But when we grew up the farm was subdivided and became small, so i decided to venture into business so that i could meet the needs of my family. I have three children and a lovely wife.
So i collected some money and started a business. i desire to give my kids the best education which i did not manage to access.

My Business

My main business is a small garage that i operate from under a tree, where i repair motocycles and bicycles. I make about five to seven thousand every week. i also operate a small car wash, from where i get more capital to pay one of my workers.
I like this business because around my area, there are not many affordable garages and car wash. So my under tree business has been a success so far.
I chose this business because it is easy to operate and it does not involve alot of costs.
I use most of my earning to feed and educate my kids

Loan Proposal

I need a loan to buy a car wash machine , now that i had managed to buy a big water reservoir tank with my first loan.

140 dollars- to add to what i have to buy a car wash machine
10 dollars to buy a hose pipe
30 dollars to buy cement and sand to make a platform from where i do the washing
20 dollars -to pay for labour in making the platform

Thanks for supporting me

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$204.00

Date disbursed

Sep 5, 2015

Repayment status

On Time

Projected term

3 months

Lenders

Daniel

Brussels, Belgium

A

andyfletcher

I want my "My loans" page back, Qatar

Zidisha

Sterling, United States

J

Jessica

Patagonia, Argentina

ads68

Melbourne, Australia

L

Leonora

TÄBY, Sweden

mhooper1962

London, United Kingdom

mepster

San Francisco, Ca, United States

T

tmarkus

Netherlands

D

Desteli

United States

MW

Matt Willis

United States

Lou Kaucic

Sanbornton, NH, United States

MK

Mic Ko

United Kingdom

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Summary

Amount repaid

$213.17

Amount remaining

$0.00

Date repaid

Dec 20, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 13, 2015 $15.00 Sep 13, 2015 $15.00
Sep 20, 2015 $15.00 Sep 29, 2015 $15.00
Sep 27, 2015 $15.00 Sep 29, 2015 $15.00
Oct 4, 2015 $15.00 Oct 5, 2015 $15.00
Oct 11, 2015 $15.00 Oct 11, 2015 $15.00
Oct 18, 2015 $15.00 Oct 18, 2015 $15.00
Oct 25, 2015 $15.00 Oct 25, 2015 $15.00
Nov 1, 2015 $15.00 Nov 1, 2015 $15.00
Nov 8, 2015 $0.00
Nov 15, 2015 $2.00 Nov 15, 2015 $2.00
Nov 22, 2015 $2.00 Nov 22, 2015 $2.00
Nov 29, 2015 $2.00 Nov 29, 2015 $2.00
Dec 6, 2015 $20.00 Dec 6, 2015 $20.00
Dec 13, 2015 $30.00 Dec 13, 2015 $30.00
Dec 20, 2015 $37.17 Dec 20, 2015 $37.17

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