Making furniture

Daniel

Ndola, Zambia

100% repaid

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 the loan I will buy more timber worth $60 and materials such as nails, glue, Screws, varnish which are adding up to about $35. This will enable me to make a bunk bed so I can sell to the community. I expect an increase in profit of 35% to 40%.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$96.00

Date disbursed

Dec 24, 2017

Repayment status

On Time

Projected term

22 months

Lenders

R

Ryan

Albuquerque, NM, United States

M

marco

Netherlands

L

Lisa

United States

CC

Carl Corvin

United States

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