Funds to increased the stock of metal materials

Mark Osano

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Mark Osano

Location

Kisumu, Kenya

On-time repayments

138 weekly installments  •  91%

About Me

I am a first born in a family of three and was born in Nyakach division in Kisumu County. Both my parents died and left me at very tender age which subsequently affected my early age education. I fortunately secured financial sponsorship from nearby mission church which paid my entire primary school fee. After completion of my primary level of education I stayed home for about ten years due to lack of financial support to take me to another level of education.
Due to lack of financial support for further studies in high school, I opted for a metal and fabrication course a craft course which was also sponsored by both nearby Christian church and non-governmental organization and I pursued it at Asumbi technical institute college from to 1980. Having completed it successfully, I now opened a metal work shop where have worked for over 10years. I chose this place after realizing that many of my customers were from the place and it was costing them time and money to reach my place which is about 50km. I have gained very much experience in this business and am earning a living from it. More so, it's paying all my bills including school fee for my siblings. I'm also saving my surplus for future expansion. Am married with two kids and my kids are still in primary school. I like watching football at my free time.

My Business

My business is Metal and fabrication which entails designing and making of metal materials such as :- Metal doors, metal windows, metal beds, metal tables, Metal gates, boxes and other metal materials. I have been in this business for now 15years subsequently gained more experience, made more customers and also learnt how to handle different customers. The business is giving me an average of Ksh.3000.00($40),to Ksh 5000($50),every day. This has been the sole source of my financial income and subsequently paying all my bills. I'm appealing to you lenders and Zidisha family to support my business expansion by funding my loan.

Loan Proposal

I'm very grateful for your previous loan which boosted my business interests by 20%,and I'm very grateful for that. I am once again requesting your assistance to fund another loan to facilitate inventory of new metals materials to my work shop.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$55.21

Date disbursed

Oct 12, 2018

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $2.48

Credit risk payment: $10.42

Upon joining Zidisha, Mark paid a lifetime membership fee of $8.86.

Lenders

Cloudways

Malta, Malta

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