Expanding carpentry 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. 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.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$24.00

Date disbursed

Nov 22, 2018

Repayment status

On Time

Projected term

1 week

Lenders

ADK

Saint Louis, United States

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