Timbers, working tools and workshop expansion

David

Kisumu, Kenya

100% repaid

Entrepreneur

Name

David

Member since

October 2017

On-time repayments

14 installments  •  93%

About Me

I am saved and married.i was born 26 years ago from a poor background with a primary level education. After many years today am working in my own furniture workshop.i do not regret life because i can earn something for the day. My dream is to own a showroom in the near future.

My Business

I do carpentry of furniture, I make and sale fine furniture. The challenge i face is having adequate stock to serve the number of my clients. My vision of enlarging it to a showroom still stands despite the challenge. I make profits of $130 in a month and use it in expansion of my business and personal basic needs

Loan Proposal

I will spend this loan to purchase timbers, working tools and workshop expansion so that i may be able to serve my increasing customers. This purchase will help increase revenue and profit because many customers have put their trust in my products such that whenever i make furniture i sale all of them. My business will be impacted so much by this loan because i will realize customers growth, community development and expansion of my working environment. My personal life will be transformed such that i will be able to buy my own premises instead of monthly rental payment and this will help me educate my children to university.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Oct 15, 2017

Repayment status

On Time

Projected term

11 months

Other loans

Lenders

CN

Craig Newmark

United States

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