Nickson Ontweka

Kisii Town , Mwamogesa, Kenya

100% repaid

Entrepreneur

Name

Nickson Ontweka

Member since

July 2013

On-time repayments

152 installments  •  50%

About Me

My names are Nickson Mobutu Ontweka, was born in Kisii Central district, Mwamogesa Village, next to Darambili Market. Was born in 1972 and went to primary school that I did my KCPE in 1990 where I got my certificate and later I joined a Secondary school and finished my O level in the year 1994, thereafter I joined a driving school for 3 months and joined driving where I worked for 10 years after that I dropped and joined Juakali as welder in metal works since 2005 where I started my own business to make steel doors, windows, gates, and all types of metal works. I am a married man with one wife Rose and we are blessed with 3 children and all are in public schools. Last born being in class 1, second born in class 5 and eldest in class 8 and hopefully in the new year she will join form one is a secondary school. I am blessed with 2 daughters and a boy.

My Business

I Nickson Mobutu Ontweka, I love and I like business than being employed since I am hardworking and I like to commit myself in long hours in my business which I know am making money. My business it deals with metals works, battery charging and paintings.

The business is marketable as so many buildings are coming up in the Kisii county as the town is expanding, through this business I can be able to repay the loan while I feed my family and educate my children.

My business also has risks but sometimes are minimal, due to credit terms to your customers, as few of the customers they come so close as good customers and once you give them the service as good customers they run away while without repaying the credit.

Loan Proposal

I would like to take this opportunity to thank Zidisha community for giving me this chance to request for a loan which will be used to add my metal stock once I receive it and some paint to finish my client pending job of steel doors and Windows. The amount if their is any left over I will add welding loads to my stock store for my welding purposes.

This loan will also enable me to be able to finish my customers work in time, and also this will enable me to get my payment from my customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.84

Date disbursed

Aug 22, 2013

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Lender interest: $99.84 at 4.68% annual rate over 5 months = $2.05

Service fee: $1.57

Lenders

P

PascalC

Leuven, Belgium

J

jjonas

berlin, Germany

A

Aunita

PORVOO, Finland

N

Neveda

Flagstaff, United States

T

Tim88

Glasgow, United Kingdom

M

Maggie

Australia

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