Entrepreneur
Name
George
Member since
April 2018
On-time repayments
6 installments • 50%
About Me
I am a married man born in Nyandarua county I have 6chidren 2are in college and 2in high school 2in primary school my education background is form 2secondary school drop out due to fee problem .my parents were peasant farmers who depended on peasant farming to educate us we were born 8in our family but we did not manage to complete school my parents died and so we remained orphans since I was 2nd born I managed to get casual jobs to help my siblings get food and saved some cash to go to avillage polytechnic which I managed to train in carpentry .I finished and began a carpentry workshop which has helped me a lot .my Hobie's include traveling music and watching movies
My Business
My business deals with carpentry my customers are the village people that come to make cupboards chairs tables and any other timber products .my customersl love my business because I sell at cheap price I also get some tenders Nyandarua town who buy cheaply they transport to town and dispose at better price.in a month I buy goods like timber nails vanish covers etc I make an average of 400dollars profit per month my other costs include paying rent for the workshop 50dollars paying business permit 40dollars buying timber 100dollars transport costs for carrying materials .this business does not have fixed income because it varies with season.my profits is what I use to pay fees for my kids do home. developments etc
Loan Proposal
I will buy timber to make abed of size 6by 1this will need me to have enough. timber of sizes 4by 4feet 6by 1fert and 4by 1 feet I have all but lacking ,6by 1 timber 20fert thus will cost me 14dillars after selling the bed I will get a profit of 30dollars which I will ixe to buy uniform for my daughter
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Loan Info
Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Jun 16, 2018
Repayment status
On Time
Projected term
3 weeks
Other loans
Lenders
United States
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Margaret Jun 12, 2018
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