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

None

None

None

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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  • David    Aug 24, 2023

    Thank you so much for funding my project.
    I will be using the cash to refill the extra gas containers that I recently bought from my suppliers.
    The containers have a return of sixteen thousand Kenyan shillings

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  • David    Aug 24, 2023

    My gas business is really growing.
    So far I have managed to add more stock and currently in need of more cash to refill them

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  • David    Jun 12, 2023

    Thank you all for funding my project.
    Am going to use the cash in to add more cosmetic stock and keep my customers well served.
    Customers finding all that they want on one counter will be a big win for my business.
    Thank you biiig!!

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  • David    Jun 12, 2023

    Hi all,
    This is to thank you for your previous support that you provided.
    I managed to increase my sales and now ploughing back the profits.
    Hope to see my credit limit growing further.

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  • David    May 7, 2023

    Hi family,
    Thank you so much for funding my project.
    Am going to use the funds to buy some more stock for my cosmetic shop. Having more stock will automatically increase sales volume which in return will maximize my profit margins.
    More profits means more growth hence I will be able to support other Zidisha members.

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  • David    May 6, 2023

    My furniture project is progress on well and now the portfolio have grown to over 1 million Kenya shillings with 25 staffs.
    Am now expanding the business by venturing into different lines of businesses that is selling cosmetics, running mpesa shop and saloon under one roof.

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  • David    Oct 13, 2017

    Hallo team Zidisha,am glad to inform you that the previous funds has really boost my profit margin by approximately 8%.I salute Zidisha community for the positive impact to my business.

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  • David    Oct 10, 2017

    Halloo,am glad to inform you that i received the funds on time something that has really motivated me as well as making me to be proud of being a zidisha member.The funds that i received i have already injected in my business and i promise to repay the loan in less than one week since my business is able to raise such amounts in less than one week.Thank you Zidisha community,long live is my cry to you.

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  • David    Oct 9, 2017

    Am glad to be a member of Zidisha since the honest and kind lenders do fund me on time.I also appreciate their commitment as they have enabled me to expand my business.

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  • David    Oct 4, 2017

    Thank you for financing my loan,my business is now thriving on well.

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  • David    Sep 23, 2017

    Am very pleased that you have accepted to lend me loan. I will use the loan to purchase the cusion cloths as I promised to expand my enterprise. Am very thankfull for the help.

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  • David    Sep 22, 2017

    I would like to use the loan to purchase cusion clothings that will cost me around ksh.5000 but i have less amount.... I will feel so pleased to get the loan.

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  • David    Mar 6, 2017

    Thank you so much for providing Me with the loan.Am now capable of purchasing painting ink and brushes which will help me undertake my business effectively

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