Add more stock to my expand my furniture shop

Charles Musyimi

Kilifi, Kenya

100% repaid



Charles Musyimi

Member since

September 2016

On-time repayments

19 installments  •  37%

About Me

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.

My Business

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.

Loan Proposal

I will use my loan of $5 to buy a paints since am lacking them at the moment and this will help me so much since i have finished tables and chairs that have not been painted yet they are in order.This will enable me to sell them quickly and increase my profit.





  • Margaret    Aug 19, 2018

    Sadly, Charles had made no effort to repay his loan or to communicate with his mentor why he cannot repay.

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Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Sep 11, 2016

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $0.23



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