Paint, rivets and nails for making hospital benches
George
Thika, Kenya
100% repaid
Entrepreneur
Name
George
Member since
February 2015
On-time repayments
40 installments • 68%
About Me
My names are George Gitau, 38 years old from Kenya. I reside in Kamwangi Estate, approximately 20km west of Thika town. I am a family man with 3 children in primary school. I went to primary school but never proceeded to high school due poverty level in our family by then. For lack of higher education I had to make ends meet by working in constructions site as casual laborer, tending to neighbors cows and also tilling their lands. Although I lacked higher education, I was not limited in thinking. I adopted the culture of savings from my earnings which enabled me join a Polytechnic School where I did a course in carpentry. After completion I was employed as a carpenter and during my 6 years of employment I managed to save enough money to start my own workshop as it had been my dream.
My business is growing everyday, my customers like my fine and pleasant work and a reasonable price I give them and for this reason, I have been receiving orders day in day out. After all what God has done to me I decided to adopt orphans and vulnerable boys whom I offer carpentry training as a way of saying thank you to God and also by giving back to the society.
My Business
I have a carpentry shop in Kamwangi town which I started in 1998 through accumulations of savings from my previous employment. This business entails making and selling of all types of furniture i.e. Sofa sets, Wall units, Wardrobes, Coffee tables, Office desks & chairs, File cabinets, School desks & chairs, Church benches among others.
This shop started from a humble beginning and today I have found favor with many customers due to fine & beautiful furniture I make for them and reasonable price I sell them. I also give my customers standard work unlike my competitors who does substandard work and this has attracted a lot of them in my shop. I have managed to cut short my expenses with 45% by planting trees in my farm and later harvest them for wood work in my shop on the other hand I have reared poultry in my farm and part of the profit I get from their products is used to meet households needs. This has enabled me restock profit to my business and the rest is saved for future projects. My vision is to have my own industry and training centre through which young people and vulnerable in the society will walk in to acquire skills and employment which will enable them realize their dreams.
Loan Proposal
Hello lenders and Zidisha fraternity, thank you for giving me an opportunity to borrow in this platform. My business entails making and selling of furniture. I have secured an order to make hospital benches, so if granted this loan it will go along in complementing my small capital in acquisition of some materials like:-
1). 30 USD will buy 4 litres of paint
2). 40 USD will buy rivets
3). 30 USD will buy nails
By acquiring this materials it will reduce the cost from my pocket and hence it will raise my profit margin with approximately 47%.
Thank you in advance for your support. God bless you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 4, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Gammalkil, Sweden
College Station, United States
United States
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