Carpentry equipment

Mohamed

Kitale, Kenya

Funds disbursed

$0 to go

100% funded of $11 goal

0

days left

Entrepreneur

Name

Mohamed

Member since

August 2018

On-time repayments

3 installments  •  33%

About Me

I was born in a poor background so I didn't pursue my schooling so well,I started my carpentry business 20yrs ago.
With this business I was able to overcome hardships in my life and paid my children schooling.
I have two children, a girl and a boy.
My daughter is a primary school teacher and my son is unemployed so he helps me with my carpentry business.

My Business

I my net income Ksh10000 per month but sometimes I earn more than that.
I chose this business because back then furniture was highly on demand because not like now modern furniture is demanded more than the traditional one which is my field specifically.
I use my profits for house hold maintenance mostly.

Loan Proposal

I'll buy carpentry equipment called Saw which is 8.5dollars.
By having this equipment, I bet my gross profit will increase by 25dollars.
The Saw I had was stollen so I have to purchase a new one.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Aug 17, 2018

Repayment status

Late

Projected term

2 weeks

Other loans

Lenders

Dan Michael

Oslo, Norway

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