Name
Mathias
Member since
May 2021
On-time repayments
11 installments • 36%
My name is Mathias Phiri. I am a small scale businessman. I have been engaged in small businesses for a long time and with access to credit, I am determined to grow the business am doing now and build a big number of customers in order to make more revenue and profits to allow for my desired expansion.
My business involves upholstering of used furniture and fixing of dining and living room tables and chairs. I also make stools and side tables. My clients are diverse and include households, companies and community schools. I use only environmentally friendly materials to avoid damaging the environment.
I intend to use this loan to buy a good secondhand Drill Machine Set for use in my furniture upholstery shop. This will help me undertake a variety of works for my customers.
I will ensure that I increase my customer base by increasing the range of jobs I will take on in order to increase revenues and profits. I will also use my savings of it becomes necessary.
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$35.00
Date disbursed
May 27, 2021
Repayment status
On Time
Projected term
2 weeks
Other loans
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Jari Jun 17, 2021
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