Entrepreneur
Name
Daniel
Member since
October 2017
On-time repayments
115 installments • 46%
About Me
I was born in Ndola on the 16th day of December, 1996. I am the last born in a family of seven. I went to Nsansa trust school for my primary education as well as grade 8 and 9 when I went to St. Andrews High School where I completed my grade 12 in 2014. Just having interest in the furniture business made me want to venture into it. I believe I can make a difference in my community by giving my best in this business.
My Business
I provide furniture like beds, sofas, kitchen units, tables and many more. These goods and services are in demand as so many people such as new couples, newly employed etc are starting homes and they need furniture in their homes. I chose this kind of business because I have always had interest in furniture making. Any profit made at the moment is for reinvestment in growing the business.
Loan Proposal
With this loan I intend to buy material such as fabric, springs and foam among other things for re-upholstering sofas. This will help me and others in such a way that those customers who already have sofas and are unable to buy brand new sofas can have their chairs re-upholstered. I expect a profit increase of about 45% to 50%.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$128.00
Date disbursed
Mar 8, 2018
Repayment status
Late
Projected term
23 months
Other loans
Lenders
United States
United States
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