Name
David
Member since
March 2017
On-time repayments
29 installments • 48%
Always committed and desire to achieve better something that i learnt through my previous financial constraints.
I also love enjoying the results of my hard work as away of motivation.
Am also an innovative guy who always spots the business gap, i identify the necessary resources and invest inthe spotted gaps. This has helped me achieve my goals hence a need for more financial help, to further my dreams.
Currently running a furniture workshop. A business that is 7 years old now with a net capital of Ksh. 103,000.
The business net profit per month amounts to one hundred and three thousands Kenyan Shillings
The business started as cotion cover business with a capital of twenty thousand kenyan Shilling and now have grown to an extend of employing nine people from my community.
Am also employed in a finance company, as an asset finance officer, a company that i have worked in for five years now.
I will use the funds to expand my business by adding stock and job equipments.The additional stock/materials will enable me to increase my daily production as well as attending to more customers a day.The increased number of materials will lead to the need of extra equipments and also personel who will put them into use.Therefore this will lead an increase in my monthly profit margin by utmost 10%.Since the profits would have increased,therefore the repayment of my loan will be on time.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$13.00
Date disbursed
Oct 10, 2017
Repayment status
On Time
Projected term
2 weeks
Other loans
Ask David a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.