Kitale district

Michael Malewa

Nairobi , Kenya

Funds disbursed

$0 to go

100% funded of $408 goal

0

days left

Entrepreneur

Name

Michael Malewa

Member since

March 2019

On-time repayments

11 installments  •  27%

About Me

I'm Michael malewa Musani from kitale district kinyoro division Nzoia village,I was born on 28/05/1969,I'm married with three childrens,my level of education is form after completing form four in kinyoro secondary school then I joined Nairobi school of Engineering college,where I deed Engineering department for three years,I graduated in 1995 I'm a professional engineer I started my entrepreneur of my own business after completing my studies,I began this business in In 2004 with hardware selling ion sheets,pipes,cement,and other things I'm operating through this business,I mainly involved in hardware and stock this business has helped me to educate my childrens and other development's that I'm running in my family.

My Business

my main business,I have my hardware,stock but mainly I'm focusing on hardware I have experiment with this business,there's a way I handle my customers mospecial I do give them some discount that's why my things are high demanded and it as helped me so much,I make a profit of $700 average of a month and some of this profits I pay revenue,paying rent for this business,school fees and other things.

Loan Proposal

I will use my loan to purchase some equipments like cement,iron sheets,pipes to purchase all this equipment it cost $1800 because each ironsheets cost $15 and I'm also planning to add 50 iron sheets plus cement.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$408.00

Date disbursed

Mar 28, 2019

Repayment status

Late

Projected term

8 weeks

Lenders

A

Anonymous

United States

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  • Pheobe    Jul 8, 2019

    Michael promises to start repayment soon

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  • Pheobe    Jun 7, 2019

    Michael promises to start repayment soon

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  • Michael Malewa    Mar 25, 2019

    I take this time to thank you all members of zidisha for your support,and appreciate you so much for what your doing,rilly have received my loan of ksh5,359,for my previous loan as helped me so much and I'm now getting profits,I'm still asking assistance from the members of zidisha so that I can expand my business and I make more money.

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  • Michael Malewa    Mar 23, 2019

    Feeling Happy with your support my business is growing.

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  • Michael Malewa    Mar 22, 2019

    Thank you very much my lenders,im very glad to see my loan is now full funded just waiting disbursement.

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  • Michael Malewa    Mar 19, 2019

    Thank you so much all my lenders for your support,indeed I'm hoping for the best wonderful,for this loan I will purches 10 iron sheets.

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  • Michael Malewa    Mar 17, 2019

    Thank you very much all the members of zidisha for your support,this is giving me hope that am moving to another level,things I joined zidisha I'm rilly moving with my business and there's hope.

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  • Michael Malewa    Mar 16, 2019

    I'm Michael malewa Musani from kitale district kinyoro division Nzoia village,I was born on 28/05/1967,I'm a family man with three childrens,my level of education is form four after completing my form four in kinyoro secondary school then I joined Nairobi school of Engineering college for three years,I graduated in 1995 I'm professional engineer I started my entrepreneur of my own business after completing my studies,I began this business in 2004with hardware selling iron sheets,pipe,cement,and many other construction equipments I do sell,I mainly involved in hardware and stock,this business as helped me so much to educate my children and other development that I'm running in my family,because I have experience with this business and my things are high demand because I have good price for my customers,and I make profits not less than $700 in average of a month,and this helps me to pay school fees and other development that mospecial adding more stock,the plan I have is to open another new hardware,to starte a new hardware will cost $2500.

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