This time i just want to buy a welding machine

Paul

Nairobi Ruai, Kenya

100% repaid

Entrepreneur

Name

Paul

Member since

February 2013

On-time repayments

103 installments  •  21%

About Me

My name is Paul Musembi Kyenze,ID NO.25118477.I am a Kenyan aged 27 years. I am born in a family of four; am brother to: Stephen Masia kyenzi,Jane Kalondu Kyenze and Monicah kalekye Kyenze. I hold a diploma in electrical engineering power option, city & guilds body from Railway Training Institute in Nairobi.
I am a family man with one child and one wife namely; Prince William Musembi and Catherine Ndinda Munyoki respectively. My wife is a teacher by profession currently doing Bachelor of Arts at the University of Nairobi.
I am a businessman within Nairobi in a town called Utawala,I do fabrication and designing gates, decorative windows grill and doors, stair cases and balconies. Customized engraving and sandblasting on wall, indoor and outdoor furniture.
I am an organized person with big visions, focused and determined about life.

My Business

My business name is BIDII FABRICATORS. It is a licensed business, well established and been in operation for two and half years now. I started my business in August 2010 after my education. It has been doing well because it pays my entire bill and saves for my son’s education. We design a beauty and elegance with most recent innovation in Nairobi.eg Gates, Windows, Balcony, Staircase,Doors,Fence and Beds.
Business is all about patience; it grows with time working very hard to achieve your goal. My vision is to expand my business to be a world class. We always give the best because we have metallic construction with vast experience in rough iron design and steel fabrication. The most recent innovation furnished.

Loan Proposal

As i have said early i just want to purchase a very efficient welding machine that will minimize my power bill,current the machine is worth forty thousand sh..I have done my research and found is nice and more efficient, i have fifteen thousand in my savings to add, my second loan has helped me a lot in my business because for now i can do a lot of work with a very little deposit of a customer.There before have been using a jua kali machine and is not efficient and it consumes more power,now it's my prayer my dreams will come true.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$297.00

Date disbursed

Apr 15, 2014

Repayment status

On Time

Projected term

21 months

Lenders

Jehovah

United States

K

Kimbo

Vietnam

R

Rachelweech

United States

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