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.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$625.00
Date disbursed
Nov 1, 2017
Repayment status
On Time
Projected term
25 months
Other loans
Lenders
United States
San Ramon, CA, United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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