Cushion and table mat designs

David

Mbale, Kenya

100% repaid

Entrepreneur

Name

David

Member since

March 2017

On-time repayments

29 installments  •  48%

About Me

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.

My Business

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.

Loan Proposal

I do design cushion covers and table mats,therefore i would like to add my stock by purchasing cushion covers and table mats.This will cost me $ 10.By doing this my profit margin will increase because i will be able to serve more customers who inturn will maximize my sales.I expect my business profit to increase by $23 which will enable me repay the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Nov 10, 2017

Repayment status

On Time

Projected term

4 weeks

Lenders

Samuel

Ottawa, Canada, Canada

B

Ben

United States

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