Bench-drill machine to improve production of jewelry piece

Samwel

Makadara, Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $15 goal

0

days left

Entrepreneur

Name

Samwel

Member since

December 2016

On-time repayments

25 installments  •  36%

About Me

I grew up in Suba District Homa Bay county in a poor family consisting of twelve children.I went to Kimange primary school and reached standard eight because my parents were unable to take me to a secondary school.After that i decided to come to Nairobi to look for a job.Today i am working in Nairobi in a jua kali sector where i repair and sell jua kali products.My future dreams is to try and have a better life.

My Business

I make jewelry like bangles,bracelets and earrings.I started this business in the 2008.The biggest challenge is that customers delay to pay me promptly and this makes me not to get maximum revenue because the stock is minimal thus little profits are realized.My goal is to grow my business upto international level.

Loan Proposal

Together with my little savings I will use this loan to buy a bench-drill, which is a machine that will help me make neat holes in my jewelry pieces. I am currently using a locally made hand-drill which is very cumbersome and doesn't make straight holes. currently uses a locally made hand-drill which doesn't make straight holes. The bench-drill costs Ksh 7000, and it will really make work easier at the workshop and help me make more accurate designs .

Feedback

1

None

1

  • Margaret    Jul 7, 2018

    Samwel has not made any payments towards his new loan and it has been well over a year.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$15.00

Date disbursed

Feb 22, 2017

Repayment status

Late

Projected term

3 months

Other loans

Lenders

M

Margaret

United States

rob baird

Darwin Australia, Australia

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