Timber and plywood to make desks

Dennis

Kisii, Kenya

16% repaid

Entrepreneur

Name

Dennis

Member since

September 2017

On-time repayments

46 installments  •  96%

About Me

My name is Dennis okiro from kisii Kenya a place called Ogembo sameta. I am 31 years old am married with one kid. I went to school at sameta primary then later joined kegogi high school but I had to dropped out due to limited funds. My hope of going back to school diminished when both my parents passed away. 
After this turn of events I and my siblings had to find ways to survive. That's when I joined one of the carpenter around our area as his assistant. He thought me the skill of carpentry till I was able to do by my own. Currently I own my own workshop where I make all sorts of items for my clients depending on their orders.

My Business

I started my business back in 2012 this was after I had been trained. From my training I used to get a little allowance so I saved the money. When I had saved enough I decided to go and open my own work shop. 
In my workshop I make all sorts of items. I make chairs, beds stools, tables. 
Due to my good work I have a no. Of clients who order new items and some bring their broken items for repairs. In a month I am to make a profit of at least 15000. This is after I have paid the rent of my workshop as well paid for the materials like timber, plywood, nails, paint, nails and all other small costs that arise. 
I use my profit to take care of my family i.e pay for my kids school fees and other expenses at home. 
It my hope that Zidisha will help my business go into another level. 
Am so grateful for this opportunity.

Loan Proposal

hell dear lenders i hope you doing well, am doing well through the grace of God. i was offered a tender to make desks for one of the schools around my area, i would like to apply for a loan of 320 dollars to help me buy the necessary materials to construct the desks. i will need to buy nails, timber, plywood and glue. i will be paid on installments for the desks. i will spend 150 dollars to buy timber, 50 dollars to buy nails, 80 dollars to buy plywood and 20 dollars to buy glue. the am required to make 100 desks. after completion i will a total of 480 dollars giving me a profit of 130 dollars, this will help me take care of kid's fees for next term.
its my sincere hope that you will consider fund my loan to help me accomplish this tender on time. may God bless and thanks for support in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$315.00

Date disbursed

Apr 17, 2018

Repayment status

Late

Projected term

4 months

Lenders

Scott

Oregon, United States

Alberto Cereser

Copenhagen, Denmark

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Summary

Amount repaid

$49.44

Amount remaining

$266.06

Expected completion

Sep 3, 2018

Status

Repaying late

Installment amount

$266.06

Repayment History

Expected Payments Actual Payments
Apr 30, 2018 $9.85 Apr 29, 2018 $9.85
May 7, 2018 $9.85 May 7, 2018 $9.85
May 14, 2018 $0.00
May 21, 2018 $1.98 May 15, 2018 $1.98
May 28, 2018 $1.98 May 15, 2018 $1.98
Jun 4, 2018 $1.98 Jun 2, 2018 $1.98
Jun 11, 2018 $1.98 Jun 2, 2018 $1.98
Jun 18, 2018 $1.98 Jun 17, 2018 $1.98
Jun 25, 2018 $9.85 Jun 26, 2018 $9.85
Jul 2, 2018 $0.00
Jul 9, 2018 $1.98 Jul 9, 2018 $1.98
Jul 16, 2018 $0.04 Jul 9, 2018 $0.04
Jul 23, 2018 $0.01 Jul 21, 2018 $0.01
Jul 30, 2018 $0.01 Jul 21, 2018 $0.01
Aug 6, 2018 $0.01 Jul 21, 2018 $0.01
Aug 13, 2018 $0.01 Jul 21, 2018 $0.01
Aug 20, 2018 $0.01 Jul 21, 2018 $0.01
Aug 27, 2018 $7.90 Jul 21, 2018 $4.93
Jul 30, 2018 $2.98
Sep 3, 2018 $266.06

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