Name
Charles
Member since
September 2016
On-time repayments
19 installments • 37%
Am a father of 2 children living at mariakani are in the kilifi county.I was born in a family 4 children being the first born and managed to complete my primary and secondary education and proceeded to the nearby polytechnic where I did carpentry and specialized in it.Since I could not start my business due to lack of capital at the moment, I got employed at my friend workshop where I mastered my skills and empowered my skills.I managed to save 30% of my income for 4 years which I used to buy tools and materials and started my own workshop that am still managing it.People in my area are very social and religious.I would like my children to be business people when they grow.My hobby is to swim at the ocean and meeting new friends.
Am a carpenter and make quality furniture for my customers since they are in high demand in the local market, it has a good return profit as i make quality furniture and most decent.I spent $100 on weekly basis to buy materials in my workshop which returns me over 50%profit on selling the finished sets and this has made me to like this type of business.I spent my profit to pay school fees,growing my business,personal development and make some saving.
i have completed 3 set of sofa sets and one set does not have cushion and this loan of $12 will be used to buy three cushions each costing $3.5 and enable me to sell the whole sets on time and complete to my customers and get an increased profit of 35%.
Positive
1
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Nov 13, 2016
Repayment status
On Time
Projected term
6 weeks
Other loans
United States
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Margaret Aug 19, 2018
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