Name
Daniel
Member since
October 2017
On-time repayments
115 installments • 46%
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.
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.
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%.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$96.00
Date disbursed
Dec 24, 2017
Repayment status
On Time
Projected term
22 months
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