Payments of school fees and purchase of business commodities

Michael

Gem Akala, Kenya

10% repaid

Entrepreneur

Name

Michael

Member since

September 2017

On-time repayments

47 installments  •  79%

About Me

I am Michael Otieno Owino born in 1972 and the first born in a family of 7 children. I went to Dhene primary school and later did kcpe examination in 1988. I went to Jubilee High School and got good grade and later join Sigilai youth polytechnique to study plumbing for two years. I got married in 2000 and God the creator blessed me with 4 children. The first born child who is in secondary school form two would like to be a doctor, the second born would like to be a teacher, the third child would like to be a nurse and the last born in primary class two would like to be accountant. In 2010, I went to Bondo town to look for plumbing jobs and later got good works of different building companies. I save some money to start retail shop for selling food stuffs and other consumable commondities to obtain profit and gradually provide food, clothes, paying school fees for the children and other secondary needs. In my place , we experiences heavy rainfall which is good for cultivation of crops and keeping of livestock. Commercial activities and transport sector is also booming thus leads to improved living standard and good education services. During free time expecially Saturday, I usually goes to church to prays, sings hymns, read bible at home and watches educational programmes.

My Business

In Bondo town, I am currently working with Mophata building and construction company limited, partly operating retail shop managed by my dear wife at home and seeking other plumbing jobs in other construction companies in Siaya county. Plumbing activity is quite plenty as county government offers plumbing jobs which help gradual developments in most sectors. With the little money got from Mophata building and construction company limited, profit earned from sales of food stuffs and other consumable goods and money got from other jobs got from some and other plumbing jobs in other construction companies in Siaya county expecially Bondo town and Rarieda sub county is used to provide food for the family members, clothes for the family members, settling of various business and work bills, paying of school fees for the children and meeting other plumbing, business and other extend expenses.

Loan Proposal

Disbursement will help to pay school fees for the children in Dhene primary school at a cost KES 5000 ,also buying plumbing equipment like 2 gate valves, elbows, 3 T elbows 2", 5 rubber connectors, 4 magic bends,5 pvc plugs 2",pvc beds 2",2 packets thread seal all at a cost of KES 6000.I'm expecting profit margin to increase by 50% and this will aid in purchasing food, clothes, payment of bills, paying school fees for the children and work improvement. Thanks so much for the financial services offered to me. God the Creator bless you Zidisha team and lenders.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$118.00

Date disbursed

Aug 15, 2018

Repayment status

Late

Projected term

2 months

Lenders

ads68

Melbourne, Australia

Thomas

Sweden, Sweden

D

Dalton

San Francisco, United States

Jean Wren Chan

United States

Genuine Interest

Singapore, Singapore

MM

Mac McKiva

United States

Ask Michael a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Mary    Nov 22, 2018

    Mr. Owino as agreed i am hoping you will be making your payments before the end of this week. Thanks

    Log in to reply • Share
  • Mary    Sep 30, 2018

    Hello mr. Owino, it has been a month since you last made a payment, please write and inform your lenders on your progress. Thank you

    Log in to reply • Share
  • Michael    Aug 14, 2018

    Disbursement will help to pay school fees for the children in Dhene primary school at a cost KES 5000 ,also buying plumbing equipment like 2 gate valves, elbows, 3 T elbows 2", 5 rubber connectors, 4 magic bends,5 pvc plugs 2",pvc beds 2",2 packets thread seal all at a cost of KES 6000.I'm expecting profit margin to increase by 50% and this will aid in purchasing food, clothes, payment of bills, paying school fees for the children and work improvement. Thanks so much for the financial services offered to me. God the Creator bless you Zidisha team and lenders.

    Log in to reply • Share
  • Michael    Aug 4, 2018

    Disbursement helped to purchase one horse pipe for watering at a cost of KES 3500, 4 pieces of floor traps at a cost of KES 700, 5 pieces of cutting blades at a cost of KES 500,tangit glue at a cost of KES 1500,some good quantity of ppr sockets, pvc 3/4 inches, pvc 4 inches, ppr plain elbows and ppr socket of one inches all these at a cost of KES 5000,soft polythene and fine fibers at a cost of KES 200 and a packet of razor blade at a cost of KES 20.These items bought definitely aided in increasing money by 50%.Net income received benefited my family by buying food, clothes, paying rent,paying most bills and saving some fraction of income for future purposes. Thanks very much for the financial support.

    Log in to reply • Share
  • Michael    Mar 13, 2018

    Thank you so much ZIDISHA team and good lenders for supporting me financially. With this loan, I will buy a roll of horse pipe for watering at a cost of KES 3500,4 pieces of floor traps at a cost of KES 700,5 pieces of cutting blades at a cost of KES 500,tangit glue at a cost of KES 1500,some pieces of a sorted materials like ppr sockets, PVC ³/⁴ inches, pvc 4 inches,ppr plain elbows and ppr sockets of one inch all at a cost of KES 5000,some soft polythene and fine fiber at a cost of KES 200 and a packet of razor blade at a cost of KES 20.Net income got from my work will enables me to buy food, clothes, good shelter for the family, paying school fees for the children, paying work and home bills adequately. This also enables income to increase by 50%.

    Log in to reply • Share
  • Michael    Mar 6, 2018

    Thanks so much for the last loan disbursed to me.The last disbursement was used to buy some plumbing materials like 4 pieces of ppr pipes at a cost of KES.1600, 4 males adaptors at a cost of KES 400, one booster pump of 0.5 HP at a cost of KES 5000, peggler gate valves of 1/2 inches at a cost of KES 600.These purchases had increased my income by 50% and this helped me to provide food, school fees paid for the children, clothes bought, various bills paid well.

    Log in to reply • Share
  • Michael    Jan 3, 2018

    I will buy plumbing materials so that I can complete my jobs. Thank you to all my lenders and may you be blessed

    Log in to reply • Share
  • Michael    Dec 5, 2017

    The last disbursement was used to buy mathematical set, clip board, a ruler, 2 pencils, 2 writing pens and some plain papers for rough works done by my child who did her primary class eight, kcpe exam this year and passed with 328 marks. She is on her course to secondary form one. Thanks so much for giving me some money to help my child progress her on her future career.

    Log in to reply • Share
  • Michael    Dec 5, 2017

    Thanks so much for the financial services offered. I had finished the first loan and willing to apply for the second loan. What a beautiful, wonderful,unusual characteristics in zidisha platform unlike other financial institutions in the country. This is the only platform where I can change loan limit on my own pace, strength and financial situation and eventually progress on my business, increase family lives and educate children with ease. Thank you very much for accepting, registering and disbursing loan. God bless you all.

    Log in to reply • Share
  • Michael    Nov 25, 2017

    Significant and different lending platform from other financial institutions in the country.Thank you very much for the Zidisha loan disbursed me in time need. The amount I received was used to buy mathematical set at a cost of KES 150/=, clipboard, 30 cm long ruler, 2 HB pencils, 2 pens and some plain papers for rough work. These items was bought for a student in primary school class eight who was preparing for the kcpe exam year ending 2017.It relieved me from financial stress during buying of the above items. Thank you so much Zidisha team for the financial support.

    Log in to reply • Share
  • Michael    Nov 25, 2017

    Thank you so much for the disbursed loans I received in the course of the year. It really helped to make me improve positive way of thinking towards financial solutions. I am almost finishing the first loan despite various challenges.This loan improve living standard of a family ,basic needs provided, school fees paid and hoping to communicate and increase loan limit. Thank you Zidisha platform for accepting my registration.

    Log in to reply • Share


Loading...

Loading...

Loading...