Funds to increased the stock of metal materials

Mark Osano

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Mark Osano

Location

Kisumu, Kenya

On-time repayments

149 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 really boosted my business hence, increased my daily profit collection by 20%.
I have been saving for the purchase of new stocks and therefore if this loan is funded successfully, I would increased the metal materials and also purchase some working tools.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$108.40

Date disbursed

Jan 23, 2019

Repayment status

On Time

Projected term

6 months

Cost to entrepreneur

Service fee: $4.87

Credit risk payment: $19.49

Lenders

PaulE

Cockeysville, MD, United States

kt

Brush Prairie, United States

V

Vince

Wagga Wagga, Australia

A

As

United States

Outi

Finland

M

MaggieK

United States

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Summary

Amount repaid

$108.40

Amount remaining

$0.00

Date repaid

Jul 11, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 3, 2019 $54.20 Feb 1, 2019 $54.20
Feb 10, 2019 $0.99 Feb 10, 2019 $0.99
Feb 17, 2019 $0.99 Feb 17, 2019 $0.99
Feb 24, 2019 $0.99 Feb 24, 2019 $0.99
Mar 3, 2019 $0.99 Mar 3, 2019 $0.99
Mar 10, 2019 $0.99 Mar 8, 2019 $0.99
Mar 17, 2019 $2.96 Mar 18, 2019 $0.99
Mar 21, 2019 $0.99
Mar 25, 2019 $0.99
Mar 24, 2019 $0.00
Mar 31, 2019 $0.99 Apr 4, 2019 $0.99
Apr 7, 2019 $0.99 Apr 9, 2019 $0.99
Apr 14, 2019 $0.99 Apr 18, 2019 $0.99
Apr 21, 2019 $0.99 Apr 22, 2019 $0.99
Apr 28, 2019 $0.99 Apr 28, 2019 $0.99
May 5, 2019 $0.99 May 5, 2019 $0.99
May 12, 2019 $0.99 May 12, 2019 $0.99
May 19, 2019 $0.99 May 23, 2019 $0.99
May 26, 2019 $0.99 May 23, 2019 $0.99
Jun 2, 2019 $0.99 Jun 2, 2019 $0.99
Jun 9, 2019 $3.94 Jun 11, 2019 $0.99
Jun 13, 2019 $0.99
Jun 16, 2019 $0.99
Jun 24, 2019 $0.99
Jun 16, 2019 $0.00
Jun 23, 2019 $0.00
Jun 30, 2019 $0.99 Jun 30, 2019 $0.99
Jul 7, 2019 $0.99 Jul 9, 2019 $0.99
Jul 14, 2019 $0.99 Jul 11, 2019 $0.99
Jul 21, 2019 $0.99 Jul 11, 2019 $0.99
Jul 28, 2019 $0.99 Jul 11, 2019 $0.99
Aug 4, 2019 $27.59 Jul 11, 2019 $27.59

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