New material for my metal workshop

Mark

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Mark

Member since

November 2017

On-time repayments

149 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 have been saving the surplus from the business for expansion and if this loan is considered and funded by the lenders i would highly appreciate since, it will gives me opportunity to buy to increased my profit and my customers simply by increasing the the metal stock to my workshop which are at the moment is in demands by approximately @ 40,000KES($400) subsequently, i would also increased the ready made material such as:- doors, windows, tables, and beds @ 50,000.00KES($500). This will gives me a Total of 90,000KES($900). Am very confident that the profit i get from the business would increased abundantly, and the business will repay loan without any problem. Thanks a lot lenders and zidisha team.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$109.00

Date disbursed

Nov 10, 2017

Repayment status

On Time

Projected term

6 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$108.40

Amount remaining

$0.00

Date repaid

Dec 16, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 19, 2017 $3.94 Nov 18, 2017 $3.94
Nov 26, 2017 $3.94 Nov 18, 2017 $3.94
Dec 3, 2017 $3.94 Nov 18, 2017 $2.46
Dec 6, 2017 $1.48
Dec 10, 2017 $3.94 Dec 6, 2017 $3.94
Dec 17, 2017 $3.94 Dec 16, 2017 $3.94
Dec 24, 2017 $3.94 Dec 16, 2017 $3.94
Dec 31, 2017 $3.94 Dec 16, 2017 $3.94
Jan 7, 2018 $3.94 Dec 16, 2017 $3.94
Jan 14, 2018 $3.94 Dec 16, 2017 $3.94
Jan 21, 2018 $3.94 Dec 16, 2017 $3.94
Jan 28, 2018 $3.94 Dec 16, 2017 $3.94
Feb 4, 2018 $3.94 Dec 16, 2017 $3.94
Feb 11, 2018 $3.94 Dec 16, 2017 $3.94
Feb 18, 2018 $3.94 Dec 16, 2017 $3.94
Feb 25, 2018 $3.94 Dec 16, 2017 $3.94
Mar 4, 2018 $3.94 Dec 16, 2017 $3.94
Mar 11, 2018 $3.94 Dec 16, 2017 $3.94
Mar 18, 2018 $3.94 Dec 16, 2017 $3.94
Mar 25, 2018 $3.94 Dec 16, 2017 $3.94
Apr 1, 2018 $3.94 Dec 16, 2017 $3.94
Apr 8, 2018 $3.94 Dec 16, 2017 $3.94
Apr 15, 2018 $3.94 Dec 16, 2017 $3.94
Apr 22, 2018 $3.94 Dec 16, 2017 $3.94
Apr 29, 2018 $3.94 Dec 16, 2017 $3.94
May 6, 2018 $3.94 Dec 16, 2017 $3.94
May 13, 2018 $3.94 Dec 16, 2017 $3.94
May 20, 2018 $3.94 Dec 16, 2017 $3.94
May 27, 2018 $1.97 Dec 16, 2017 $1.97

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