Joseph

Dandora, Kenya

100% repaid

Entrepreneur

Name

Joseph

Member since

February 2013

On-time repayments

302 installments  •  83%

About Me

My names are Joseph Ngumi Nganga. I was born in Nakuru county at a place called Rongai. We have lived in Rongai with my family for many years until I relocated to Nairobi in Dandora estate in the year 1990. I am a father of four children who have all completed schooling. They have also gone to college and successfully completed their courses. I live in plot number E429, Dandora phase Five. I operate a hardware shop at the estate and this has been a business that I have operated for more than twenty years.

My Business

My business of a hardware shop I started in the year 1992. The business is located in Dandora estate and at a strategic place where customers can be able to get the services easily. The main items that I sell in the hardware shop are cement,iron sheets, nails, wheelbarrows, barbed wire, mesh wires, and many other stuffs involving building and construction. This is a good business here especially with the opening up of other areas which require building and construction materials. the main challenges that affect the business are fluctuating prices of these items that I sell which is usually affected by world prices of fuel.

Loan Proposal

Thank you Zidisha for granting me this opportunity to be given a loan. I wish to use this loan to improve my business in several ways.Firstly, I would like to increase my stock as well as introducing new other items that I was not selling such as paints. I would also like to repaint my shop as the old paint has faded and thus I will be able to give my business a new look.

Feedback

10

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Feb 24, 2013

Repayment status

On Time

Projected term

4 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

cyrus0302

San Francisco, United States

P

pattermik

richmond, United States

B

Bavarian

Bavaria, Germany

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

S

SabresFan

Oro Valley, United States

MillerClark

London, United Kingdom

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Summary

Amount repaid

$528.78

Amount remaining

$0.00

Date repaid

Jun 19, 2013

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 18, 2013 $52.38 May 18, 2013 $52.38
Jun 18, 2013 $0.01 May 18, 2013 $0.01
Jul 18, 2013 $476.38 Jun 18, 2013 $52.37
Jun 19, 2013 $424.01

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