Buy a new welding machine

Bolton

Nairobi, Kenya

8% repaid

Entrepreneur

Name

Bolton

Member since

March 2015

On-time repayments

141 installments  •  24%

About Me

my names are bolton wanyoike mbugwa I was born in limuru kiambu county I did my high school in manguo primary school then I went to kijabe boys high school after school I joined a technical polytechnic and did a course in welding and electrician.
Am a certified artisan who joined the artisan section recently.
After the course my father helped me start a small work shop in limuru town I like swimming and fashion.

My Business

My business is a small space where I do welding services I began this bussiness last year and its now one year and three months old , I do welding and repair of car bodys punnel beating I negotiate directly with the owner of the car after acessing the damage then I buy welding roads and do the job I also do car maintanance on a good day I make 7$ to 10 $ my work shop is only got few tools because I dint have enough capital so I spend 3$ for basic needs pay rent and food and save 4 $ for buying tools I want a drill a grinder so to make my job easy and fast.

Loan Proposal

Hi lenders thank you so much for the first loan it helped me buy grinders and tools for my small worshop, i increased custormers over the past two months.
Unfortunately my welding machine got a power surge and burned the coils inside which i had to repair and after a week it stoped working again i had to repair.
I have plans to buy a new one and if granted $ 242 i will make it $ 267 and buy a new welding machine at a cost of $ 257 and spend the $10 on transport.

Feedback

5

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$242.00

Date disbursed

Sep 22, 2015

Repayment status

Late

Projected term

28 months

Lenders

P

phangsang

Seattle, United States

A

andyfletcher

I want my "My loans" page back, Qatar

F

flaguy999

Tampa, United States

KrautFunding

Hamburg, Germany

Pomaikai

Jersey City, United States

Johannes Duerk

Bochum, Germany

wissam

Jeddah, Saudi Arabia

WS

william smith

United States

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  • andyfletcher    Mar 3, 2016

    Hello Bolton,
    I hope your business has improved. Are you able to continue with your payments?

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  • Bolton    Feb 19, 2016

    considering my business state i have to reduce my account for few weeks

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  • Bolton    Nov 30, 2015

    Due to short illness i have not been able to attend to my work this has affected my record, I atleast have recovered and will soon pay as usual. I apologise for the late payment.

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  • Bolton    Oct 12, 2015

    due to over spending on workshop materials am currently having difficulties paying my loan but will do so to completion as with the new payment amount.

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  • Bolton    Sep 25, 2015

    Good lenders and zidisha i received all the request amount in the sum of 24084 Kenya shillings.
    This money will be used to buy a welding machine this will improve my small workshop and better my services.
    Thanks a lot God bless you and your family.

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  • Lucas Campos    Sep 22, 2015

    I hope that my help make your world a little better. God bless yours dreams.

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  • Bolton    Sep 21, 2015

    thanks alot for funding my proposal GOD BLESS.

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  • Wendy Emlyn    Sep 18, 2015

    Thanks for repaying your loan on time, Bolton.
    God bless you,
    Wendy

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    • Renson    Sep 19, 2015

      I like zidisha though am new member here. I like the way lenders interact with borrowers. I think the virtue is TRUST. Congratulations #Bolton and God bless #Wendy!

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  • Bolton    Sep 16, 2015

    Thank you all for the surport its been good to pay and watch my records reducing up to completion of my loan, My wortk shop has also improved in terms of services and speed. My custormers are happy and i am getting to know how to handle my custormers. God bless.

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  • Bolton    Sep 12, 2015

    Am finalizing a piece of job i started this week thank you for surport and finance you are the pillar to my success,

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  • Wendy Emlyn    Aug 11, 2015

    Well done, Bolton - you're over halfway now!
    God bless you,
    Wendy

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  • Wendy Emlyn    Jul 4, 2015

    Thank you for your first installment on this loan, Bolton.
    God bless you,
    Wendy

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  • Bolton    Jun 22, 2015

    ii received 9050 kenya shillings.
    thank you all for your surport I will now use the cash carefully and boost my bussiness efficiency.
    God bless.

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  • Bolton    Jun 18, 2015

    grettings to all.
    thank you for funding my secound loan ill use the cash to buy tools for my workshop this will eguip my shop and assist me in my daily work.
    thanks alot.

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    • Renson    Sep 19, 2015

      God bless Mr.Harmutt and congratulations Mr.Bolton. God bless our lenders. Though am new here I like zidisha because all comments and interactions are positive. TRUST is vital and that is my lesson here. I also hope my proposal will be considered one day.

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  • Bolton    Jun 11, 2015

    Lenders and Zidisha family in general am please to inform you that your loan helped me buy tools for my workshop which made work easier and fast i now serve seven to ten cars a day, construction of windows and other welding services that i offer.
    thank you so much

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  • Bolton    May 22, 2015

    halloo lenders my proceedings have been great and my welding business is now stable i make increase profits and i have got a order to make window frames for a government institution project named CDF near my workshop i would now wish to complete my current loan so to get more funds and use it to to buy materials for the project.
    thanks for your surpport.

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  • flaguy999    Apr 25, 2015

    That's great to hear. Best wishes for your continued success! God bless.

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  • Bolton    Apr 25, 2015

    This was my frst loan and am so happy to join and be part of zidisha ,i bought a grinder and a hand drilling machine bought at 4500ksh each with the loan i got and now my workshop is good to offer fast services,before i could use a punch to make holes in metal but now i use a drill which makes my work easier and fast thank you so much am looking forward to working even more harder and iimprove my life and busssiness.

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