Purchasing of welding machine
Nickson
Kisii Town , Mwamogesa, Kenya
59% repaid
Entrepreneur
Name
Nickson
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
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
Fan Cooled
Adjustable Welding Currents
Specifications
Make: Jialile
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
Feedback
Positive
6
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$434.00
Date disbursed
Jan 26, 2015
Repayment status
Late
Projected term
23 months
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Summary
Amount repaid
$305.62
Amount remaining
$210.69
Expected completion
Jan 1, 2017
Status
Repaying late
Installment amount
$3.37
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 8, 2015 | $10.26 | Feb 2, 2015 | $10.26 |
| Feb 15, 2015 | $10.26 | Feb 2, 2015 | $10.26 |
| Feb 22, 2015 | $10.26 | Feb 2, 2015 | $10.26 |
| Mar 1, 2015 | $10.26 | Feb 2, 2015 | $10.26 |
| Mar 8, 2015 | $10.26 | Feb 2, 2015 | $10.26 |
| Mar 15, 2015 | $10.26 | Feb 2, 2015 | $4.89 |
| Feb 9, 2015 | $5.37 | ||
| Mar 22, 2015 | $10.26 | Feb 9, 2015 | $10.26 |
| Mar 29, 2015 | $10.26 | Feb 9, 2015 | $10.26 |
| Apr 5, 2015 | $10.26 | Feb 9, 2015 | $2.20 |
| Feb 23, 2015 | $8.06 | ||
| Apr 12, 2015 | $10.26 | Feb 23, 2015 | $10.26 |
| Apr 19, 2015 | $10.26 | Feb 23, 2015 | $9.78 |
| Mar 4, 2015 | $0.48 | ||
| Apr 26, 2015 | $10.26 | Mar 4, 2015 | $10.26 |
| May 3, 2015 | $10.26 | Mar 4, 2015 | $10.26 |
| May 10, 2015 | $10.26 | Mar 4, 2015 | $7.09 |
| Mar 13, 2015 | $3.17 | ||
| May 17, 2015 | $10.26 | Mar 13, 2015 | $10.26 |
| May 24, 2015 | $10.26 | Mar 13, 2015 | $10.26 |
| May 31, 2015 | $10.26 | Mar 13, 2015 | $4.40 |
| Apr 7, 2015 | $5.85 | ||
| Jun 7, 2015 | $10.26 | Apr 7, 2015 | $10.26 |
| Jun 14, 2015 | $10.26 | Apr 7, 2015 | $6.36 |
| Apr 17, 2015 | $3.90 | ||
| Jun 21, 2015 | $10.26 | Apr 17, 2015 | $7.34 |
| Apr 29, 2015 | $2.92 | ||
| Jun 28, 2015 | $10.26 | Apr 29, 2015 | $8.31 |
| May 27, 2015 | $1.94 | ||
| Jul 5, 2015 | $10.26 | May 27, 2015 | $9.29 |
| Jun 6, 2015 | $0.97 | ||
| Jul 12, 2015 | $10.26 | Jun 6, 2015 | $10.26 |
| Jul 19, 2015 | $10.26 | Jun 6, 2015 | $0.01 |
| Aug 19, 2015 | $10.25 | ||
| Jul 26, 2015 | $10.26 | Aug 19, 2015 | $10.26 |
| Aug 2, 2015 | $10.26 | Aug 19, 2015 | $10.26 |
| Aug 9, 2015 | $10.26 | Aug 19, 2015 | $2.94 |
| Sep 3, 2015 | $7.31 | ||
| Aug 16, 2015 | $10.26 | Sep 3, 2015 | $10.26 |
| Aug 23, 2015 | $4.90 | Sep 3, 2015 | $4.90 |
| Aug 30, 2015 | $0.00 | ||
| Sep 6, 2015 | $0.00 | ||
| Sep 13, 2015 | $0.00 | ||
| Sep 20, 2015 | $0.00 | ||
| Sep 27, 2015 | $0.00 | ||
| Oct 4, 2015 | $3.37 | Oct 11, 2015 | $3.37 |
| Oct 11, 2015 | $3.37 | Oct 11, 2015 | $3.37 |
| Oct 18, 2015 | $3.37 | Oct 22, 2015 | $3.37 |
| Oct 25, 2015 | $3.37 | Nov 1, 2015 | $3.37 |
| Nov 1, 2015 | $3.37 | ||
| Nov 8, 2015 | $3.37 | ||
| Nov 15, 2015 | $3.37 | ||
| Nov 22, 2015 | $3.37 | ||
| Nov 29, 2015 | $3.37 | ||
| Dec 6, 2015 | $3.37 | ||
| Dec 13, 2015 | $3.37 | ||
| Dec 20, 2015 | $3.37 | ||
| Dec 27, 2015 | $3.37 | ||
| Jan 3, 2016 | $3.37 | ||
| Jan 10, 2016 | $3.37 | ||
| Jan 17, 2016 | $3.37 | ||
| Jan 24, 2016 | $3.37 | ||
| Jan 31, 2016 | $3.37 | ||
| Feb 7, 2016 | $3.37 | ||
| Feb 14, 2016 | $3.37 | ||
| Feb 21, 2016 | $3.37 | ||
| Feb 28, 2016 | $3.37 | ||
| Mar 6, 2016 | $3.37 | ||
| Mar 13, 2016 | $3.37 | ||
| Mar 20, 2016 | $3.37 | ||
| Mar 27, 2016 | $3.37 | ||
| Apr 3, 2016 | $3.37 | ||
| Apr 10, 2016 | $3.37 | ||
| Apr 17, 2016 | $3.37 | ||
| Apr 24, 2016 | $3.37 | ||
| May 1, 2016 | $3.37 | ||
| May 8, 2016 | $3.37 | ||
| May 15, 2016 | $3.37 | ||
| May 22, 2016 | $3.37 | ||
| May 29, 2016 | $3.37 | ||
| Jun 5, 2016 | $3.37 | ||
| Jun 12, 2016 | $3.37 | ||
| Jun 19, 2016 | $3.37 | ||
| Jun 26, 2016 | $3.37 | ||
| Jul 3, 2016 | $3.37 | ||
| Jul 10, 2016 | $3.37 | ||
| Jul 17, 2016 | $3.37 | ||
| Jul 24, 2016 | $3.37 | ||
| Jul 31, 2016 | $3.37 | ||
| Aug 7, 2016 | $3.37 | ||
| Aug 14, 2016 | $3.37 | ||
| Aug 21, 2016 | $3.37 | ||
| Aug 28, 2016 | $3.37 | ||
| Sep 4, 2016 | $3.37 | ||
| Sep 11, 2016 | $3.37 | ||
| Sep 18, 2016 | $3.37 | ||
| Sep 25, 2016 | $3.37 | ||
| Oct 2, 2016 | $3.37 | ||
| Oct 9, 2016 | $3.37 | ||
| Oct 16, 2016 | $3.37 | ||
| Oct 23, 2016 | $3.37 | ||
| Oct 30, 2016 | $3.37 | ||
| Nov 6, 2016 | $3.37 | ||
| Nov 13, 2016 | $3.37 | ||
| Nov 20, 2016 | $3.37 | ||
| Nov 27, 2016 | $3.37 | ||
| Dec 4, 2016 | $3.37 | ||
| Dec 11, 2016 | $3.37 | ||
| Dec 18, 2016 | $3.37 | ||
| Dec 25, 2016 | $3.37 | ||
| Jan 1, 2017 | $5.07 | ||
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