Purchase of plumbing equipment

Michael

Gem Akala, Kenya

100% 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

Thank you so much for accepting my request. If the amount is disbursed to me, i will use it to buy plumbing items like 4 pieces of ppr pipes at a cost of KES 1600/=, 4 male adaptors at a cost of KES 400/=,1 booster pump of 0.5 HP at a cost of KES 5000/= and lastly some peggler gate valves size a half inch at a cost of KES 600/=. With the buying of these plumbing items available, it will leads to finishing most of plumbing contracts i get and eventually increasing income by 40% .Good and adequate income helps in providing food, clothes, school fees paid for the children and home and work expenses shall be settled down in time. Thank you for the financial support offered to me and entire family.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$79.00

Date disbursed

Jan 5, 2018

Repayment status

On Time

Projected term

3 months

Lenders

MarktheMormon

Sandy, Utah, United States

J

James

United States

Lurch

United States

HH

Helen Horseman

United Kingdom

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