Name
David
Member since
June 2017
On-time repayments
21 installments • 29%
My name is David Dimbe, born 1996, am an entrepreneur, I do carpentry for a living. i have two(2) years in the business. I want to expand my work but somehow lack the funds so i think here is the best option as i have seen and heard from many borrowers
my business is located in embakasi south constituency, pipeline ward. i started with a capital of Ksh.15000 I make chairs, tables and cupboards. i mostly deal with orders from customers but sometimes display them in my shop.in a month i can make a profit of Ksh. 12000 after deducting all the expenses. I am able to pay my rent and further my studies, like now am short of funds because of the school fees that i payed. I strongly believe that if I expand my shop, the profits will increase and i'll be able to do a wide range of staffs.
I as a carpenter i will be going for materials from the farmers creating market for their goods from the farm.after taking the materials to my work shop this will give ma employees easy time for the activity of making goods for sale.through doing these,it will be beneficial for more than two parties in that my employees will have earned something for their activities and also customers will also have got their choice.examples of these goods are such as chairs,tables,TV stand and also shoe racks.these are things used in daily life.things like materials i.e timber i buy sh500 per fit and it can make a table that is sold at sh 1000 this creating sh 500.When i get this loan my business will have increased and expansion of my business leads to employment of other employees.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$27.00
Date disbursed
Aug 9, 2017
Repayment status
Late
Projected term
3 months
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