Expandiing capentry workshop

Joseph

Mbita, Kenya

100% repaid

Entrepreneur

Name

Joseph

Member since

November 2018

On-time repayments

3 installments  •  67%

About Me

I am a carpenter by profession. For the last 18 years, I have been making home made furniture for my clients and my client base is increasing each day. I make cupboards, tables, chairs, sideboards, cabinets, beds, doors and wardrobes. My professional designed/work has earned me a good reputation among my high and low end customers.

I do wish to stock more materials to meet the high demand of my customers. With Zidisha loan, I shall purchase
1. Wood
2. Boards
3. Fabrics and foam sheets
4. Vanishes and Nails

After selling my products, I shall make a good profit which shall enable me to
1. Repay my zidisha loan
2. Pay school fees for my children
3. Take care of my family
4.Expand my business to 60% in year one.

My Business

My Carpentry business is one of the local carpentry business that is registering recognition and trust among the locals of Rusinga Island, Kenya. I have purported many low end clients with a more professional and well designed house and office furniture. Some of the products that I do make from wood include;

1. Sofa sets
2. Wall units
3. Wardrobes
4. Tables
5. Beds
6. Office furniture
Chairs

Loan Proposal

I am a carpenter by profession. I do make furniture for households as well as business institutions. I design modern and traditional uniquely products that suits my clients. Currently, I have a large base of clients that are interested in my products but I lack capital to purchase materials and equipment so that I can serve my clients on time.

I do wish to apply for zidisha loan to help me expand the workshop by:
1. Buying materials (Wood, fabrics, foam sheets, nails )
2. Buy equipment for the workshop (1 Plane, 1 drill and 2 crampshafts)

The profit shall help me to enlarge the workshop as well as help me
1. Pay school fees for my children in high school
2. Support the orphans under my care
3. Feed my family

The loan shall help my business to increase at a rate of 65% in year one.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Nov 15, 2018

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

Ask Joseph a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...