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

None

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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Summary

Amount repaid

$0.00

Amount remaining

$210.00

Expected completion

Jul 2, 2017

Status

Repaying late

Installment amount

$3.01

Repayment History

Expected Payments Actual Payments
Mar 6, 2016 $3.01
Mar 13, 2016 $3.01
Mar 20, 2016 $3.01
Mar 27, 2016 $3.01
Apr 3, 2016 $3.01
Apr 10, 2016 $3.01
Apr 17, 2016 $3.01
Apr 24, 2016 $3.01
May 1, 2016 $3.01
May 8, 2016 $3.01
May 15, 2016 $3.01
May 22, 2016 $3.01
May 29, 2016 $3.01
Jun 5, 2016 $3.01
Jun 12, 2016 $3.01
Jun 19, 2016 $3.01
Jun 26, 2016 $3.01
Jul 3, 2016 $3.01
Jul 10, 2016 $3.01
Jul 17, 2016 $3.01
Jul 24, 2016 $3.01
Jul 31, 2016 $3.01
Aug 7, 2016 $3.01
Aug 14, 2016 $3.01
Aug 21, 2016 $3.01
Aug 28, 2016 $3.01
Sep 4, 2016 $3.01
Sep 11, 2016 $3.01
Sep 18, 2016 $3.01
Sep 25, 2016 $3.01
Oct 2, 2016 $3.01
Oct 9, 2016 $3.01
Oct 16, 2016 $3.01
Oct 23, 2016 $3.01
Oct 30, 2016 $3.01
Nov 6, 2016 $3.01
Nov 13, 2016 $3.01
Nov 20, 2016 $3.01
Nov 27, 2016 $3.01
Dec 4, 2016 $3.01
Dec 11, 2016 $3.01
Dec 18, 2016 $3.01
Dec 25, 2016 $3.01
Jan 1, 2017 $3.01
Jan 8, 2017 $3.01
Jan 15, 2017 $3.01
Jan 22, 2017 $3.01
Jan 29, 2017 $3.01
Feb 5, 2017 $3.01
Feb 12, 2017 $3.01
Feb 19, 2017 $3.01
Feb 26, 2017 $3.01
Mar 5, 2017 $3.01
Mar 12, 2017 $3.01
Mar 19, 2017 $3.01
Mar 26, 2017 $3.01
Apr 2, 2017 $3.01
Apr 9, 2017 $3.01
Apr 16, 2017 $3.01
Apr 23, 2017 $3.01
Apr 30, 2017 $3.01
May 7, 2017 $3.01
May 14, 2017 $3.01
May 21, 2017 $3.01
May 28, 2017 $3.01
Jun 4, 2017 $3.01
Jun 11, 2017 $3.01
Jun 18, 2017 $3.01
Jun 25, 2017 $3.01
Jul 2, 2017 $2.31

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