152 installments • 50%
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.
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.
Dear lenders and all management staff of Zidisha lending community I am indeed very much happy to thank you for all the lending woork you extend to us.
I am happy to post my loan bid online today for funding and my proposal is as below:
BX Series Arc Welders Machine & Specifications
Single Phase or Three Phase
Fitted on wheels for ease of maneuvering
Adjustable Welding Currents
Available Models BX-200, BX-250 and BX-315
Input Voltage 220-240V and 380-415V
Total Estimated Cost KES 50,000
In US Dollars 555.017
Jan 26, 2015
Cost to entrepreneur
Lender interest: $434.65 at 4.59% annual rate over 23 months = $38.70
Service fee: $31.16