Expanding carpentry workshop

Joseph

Mbita, Kenya

Funds disbursed

$0 to go

100% funded of $36 goal

0

days left

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

My client base is increasing and I am receiving alot of request to make more products to meet the demand of my clients. Right now, my capital is low and through the loan from Zidisha I shall be able to stock more products like Fabrics, Wood and Foam materials.

After selling the products I shall be able to
1. Pay Zidisha Loan
2. Be able to pay school fees for my children
3. Take care of my family
4. Increase my business capital base by 45% in the first season of year one

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$36.00

Date disbursed

Dec 5, 2018

Repayment status

Late

Projected term

1 week

Lenders

J

Joggele

Austria, Austria

RB

Renee B

United States

L

Lisa

United States

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