Buy timber stock for use in my carpentry workshop

Erick

Kisii, Kenya

Funds disbursed

$0 to go

100% funded of $200 goal

0

days left

Entrepreneur

Name

Erick

Member since

February 2016

On-time repayments

70 installments  •  0%

About Me

I grew up in here in Kisii county and life in my family was very difficult due to poverty and also being raised by a single mother who had no formal employment. I only went to school upto secondary level and could not proceed to the university due to lack of money to pay school fees but i managed to attend a technical school to train in carpentry. Currently i am in Kisii town and i have a workshop there.. I like my business and i have a dream of expanding it in future to a bigger business in future

My Business

I own and operate a carpentry shop here in Kisii town where i make beds, seat and wooden doors that i sell for my customers. I started this business 3 years ago as a way of earning a living for my family and also as away of creating employment for myself. My greatest challenge at the moment is lack of capital to expand my business. In a good month i make profits of between $ 100 - $130 depending on the demand. I use my profits to buy materials and save a little in the bank. I have great vision ahead and i hope one day to open multiple branches in this town.

Loan Proposal

i am going to use this loan to buy timber stock for use in my carpentry workshop which may cost around $ 160. This will boost my business profitability and this money will helps me i finding capital to expand the business and also for improving my family living standards

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Feb 23, 2016

Repayment status

Late

Projected term

16 months

Lenders

J

jeffb

United States

S

Senryu91

caldogno, Italy

H

hilde

seattle, United States

F

flaguy999

Tampa, United States

Craig

Memphis, TN, United States

S

Susie

Christchurch, New Zealand

BB

Ben Bellows

United States

H

Harry

Florida, United States

N

Nora

Germany

J�

Jan Čapek

Czech Republic

Wayne G

United States

GN

Gabriel N

Switzerland

RW

Richard Wang

United States

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