Welding business expansion

Philip

Mombasa, Kenya

48% repaid

Entrepreneur

Name

Philip

Member since

December 2016

On-time repayments

89 installments  •  81%

About Me

Introduce yourself to lenders.
Am Philip Mwangemi Chenje iam child number one to my parents. i only manage to get basic education since my parents struggled financially. i did many jobs to raise money to start this business of welding and fabrication. here the land and culture is good like providing palm wine is a must when negotiating for dowry. i dont have children yet. my hobby is going to the beach to swim during my free time.

My Business

Describe your business or income source.
My income comes from the sale of the products i produce incliding doors and windows from fabricating iron. these are in demand because they are highly used in providing much security to homes. iam able to make upto $10 on a good day, i chose this because it has high profit return. i use the profit to cater for my needs and grow my business.

Loan Proposal

Dear lenders, I thank you again for your generous support towards my businesses. As described in the discussion section, I opened a wardware for iron materials that I use in my products. My clients now buy materials directly from me and they save on transportation costs from other hardwares to my workshop. The business has realize expansion and I plan to use this loan to expand and open another branch for my welding business. I have already located the site, I also need to purchase a new welding machine and a drill. I will for the time being be sharing the grinding machine as I arrange to purchase a second one for the new branch, thank you.

Feedback

4

None

1

  • Mary    Oct 14, 2019

    No updates or payments for over a year.

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  • Ahadi    May 21, 2017

    Perfect, Philip is a serious borrower and a good worker.

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    • Philip    Feb 7, 2018

      Ahadi Mambo ! How is France? Kenya is ok. It has been a long time since I said Jambo. I hove you are doing great, I am doing fine too. Thank you very much for supporting me. Sina mengi ila kusema Asante sana. Thank you and be blessed.

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  • Mary    May 19, 2017

    Philip is a wonderful borrower. He gave progress reports for his business and paid his loan on time. I will gladly help fund future loans for him!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$331.00

Date disbursed

Aug 4, 2017

Repayment status

Late

Projected term

54 months

Lenders

SKWAW

SHANTY BAY, ONTARIO, Canada

nicole

Worcester, Ma, United States

Martin

Manama, Bahrain

F

flaguy999

Tampa, United States

Pedro R-C

Cambridge, United States

PG

Paul Graham

United States

A

Andrei

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

M

Mark

Toulouse, France, France

D

Dave

Dropmore, Manitoba, Canada

Paul Buchheit

Mountain View, United States

M

Mary

United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

J

JB

Germany

B

bea

Australia

Ask Philip a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Mary    Apr 11, 2019

    How are you doing Philip?

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  • Mary    Nov 10, 2018

    Please start making payments on your Zidisha loan Philip. I cannot relend what I am not paid back. I am sure you would like to give others the same opportunites you were given when you loan was funded.

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    • Philip    Jan 10, 2019

      Dear Mary.
      Happy new year. Iam really sorry for my silence. On 24 the October 2018, I lost 3 family members in a fatal car crush, one survived but as a family we incurred heavy hospital bill. This really traumatised me since I had to close my business for a while. I thank God that all is well now and I have resumed my business for the past 2 weeks. I really appreciate all your support and could never defaulted deliberately. I promise to resume repaying my loan. I pray that you understand me and continue supporting me. Thank you and be blessed for your concern and love.

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      • Mary    Feb 13, 2019

        I am so sorry to hear of your loss Philip. Life can be very difficult at times. I am glad you have been able to move forward from your experiences.

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  • Philip    Jul 14, 2018

    Dear Zidisha stall, please check in my repayments and reconcile. They have not been reflecting, thanks.

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  • Philip    Jun 26, 2018

    Dear Lenders, I thank the Almighty God for giving us all good health and energy. My business have improved since the political temperatures had settled and for this I commit to clear this loan so that I ask for another to continue with my business improvement goals. Thank you so much for the assistance. I appreciate you all.

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  • Philip    Mar 21, 2018

    Things are ok on my side. I hope all zidisha family is fine too..

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  • Anthony    Jan 9, 2018

    Hello Philip, I have been paying but zidisha is not updating payments. Kindly advise.Thank you

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    • Philip    Jan 10, 2018

      Check and confirm that you have been paying to the correct account number, otherwise your payments ought to be captured.

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  • Philip    Jan 5, 2018

    Dear Lenders and team Zidisha. i hope you are fine in this new year. iam doing ok too. i look forward to now clear my loan and ask for your support again. it has been a great last year and i now wish to turn around my business. thank you for your trust in me and also for your kind support.

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  • Philip    Oct 20, 2017

    Most of my debtors are yet to pay me. They say to have facing financial difficulties at the moment. It is for this reason that I am adjusting my repayments to factor in the challenge. I commit to adjust to normal once the situation improves, thank you.

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  • Philip    Sep 28, 2017

    Dear Lenders, it has been a long time since i said hello. i hope you are all fine. as for my i am OK just moving on well with my business. i wish you great times.

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  • Philip    Sep 14, 2017

    Dear Lenders, i am doing fine and my business is proceeding well. i thank you very much for your support. i am also arranging to clear my loan soonest. thank you.

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  • Philip    Aug 18, 2017

    Dear lender, kindly accept my greetings from Kenya. I just wish to inform you that I am doing fine. My business is running well with much satisfaction of my clients. I am getting many referals and repeated businesses from my customers that has really grown me. Thank you for supporting me.

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  • Philip    Aug 5, 2017

    I thank you lenders for funding me. I thank you zidisha for disbursing my loan on time. I look forward to my strategic bisiness growth.

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  • Philip    Jul 30, 2017

    Dear Lenders, I am once again really humbled by your Love and Care. I am truely happy seeing my loan fully funded, be blessed. I can seen myself achieving my goal of opening a branch of the welding business. With this loan, I will buy a new welding machine and a new drill. Thank you for supporting my business.

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  • Philip    Jul 29, 2017

    Dear Lenders, I wish to kindly take this moment to greet you. I hope you are all ok, I am fine too and doing great in my business. I am really happy, greatful and humbled seeing you supporting me in my business endeavours. I am so far encouraged with all the funds that you have contributed towards funding my loan. I really thank you and I also believe you will support funding me fully in the quickest possible time. Thank you again and I wish you great moments ahead.

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  • George    Jul 26, 2017

    I can always be in this place taking part in giving thanks to you Zidisha lenders for you generosity brotherly concern towards us who have been desiring to raise standard in future but hindered by circumstances. To me am now able to see the light towards future for what you're doing to us, may God greatly bless you lenders.

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  • Philip    Jul 25, 2017

    Dear lenders, thank you for making my business a success from your funds that you have been lending me. My businesses are running well and I am happy for the progress, clients and profits. I am now capable of meeting my expenses without worry. Thanks to Zidisha family.

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  • Mary    Jul 11, 2017

    Sounds like your expanded business plans are paying off in growth Philip. I know you are always thinking and looking ahead. What is your next development stage? Regards, Mary

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  • Philip    Jun 26, 2017

    I am doing fine with my businesess, both the welding and hardware. Infact, the hardware has caught up well beyond my expectation. I am really encouraged to work even more harder to realise my full potential. I really thank you for supporting me.

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  • Philip    Jun 12, 2017

    I highly appreciate all your support. You have enabled my business run well. Thank you Lenders.

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  • Philip    May 26, 2017

    Dear Zidisha Lenders, I am of full joy today after receiving the loan amounting to Ksh. 18,079. I am really happy and I say thankyou. With this loan, I am starting a Hardware pilot project where I will buy tubes worth $ 70. I will buy plates of gauge 18 worth $ 80 and welding rods worth $ 30. This will enable my clients buy the raw materials directly from me. As I have offered a job opportunity to one person, I intend to create another job opportunity to another person as you help me expand.

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