Entrepreneur
Name
George
Member since
December 2012
On-time repayments
107 installments • 37%
About Me
My names are george odhiambo ogola,married with four children.Two of my children are in primary school,and the two are yet to join school.My life has been of ups and downs,brought up in poor back ground where both my parents were not able to sustain us in the basics needs,we leaved from pedants of our farm,and little live stock that we had,joining high school was through help of our closest relatives who paid my high school,then stop paying in form two. leave in dandora phase four with my family.My educational background went through my primary school,then joined high school,but in four two i drop due to lack of school fee.Due to the financial crisis in the family my parents ask me to look for a job which i can do to keep me busy, was urge to talk to close friend,if he who would trained me in technical skill as a cobbler.Luckily the friend took me and trained me for one year,then gave me loan of eight thousand which was able to start a business of my own in dandora phase three next to kag church.with the loan was able to rent small place where i can shelter and bought few materials like shoe soles,lace,inner soles,needles,threads and a sit of my own.
My Business
I offered the service my self,making new and repairing tone shoes.i have run the business for three years,with the support of previous loan i have be able to grow,now even making bags too.my plan is to buy sewing machine to make bags if i can get the finances,Customers prefer my service because not many people offer this kind of services around where am located,this increase the growth of the business,the challenges that i face is lack of finances to buy enough materials and to expand the business,been the only source of income in my family our return is very little because it support my family,i earn nine thousand monthly and my profits three thousand.if given the loan i will be able to expand the business,do much of renovating, where i can have ny customers sits when they are waiting for the their shoes to be mend,i also want to put some snacks and refreshments this will boost the growth of the business and my growth too,and also want to train more friends who are in need for source of income in the estate,by buying more equipments and materials in the business and add more chains of this work.given the loan this the much i will try to do.
Loan Proposal
I have the intention of expanding my business as i work as cobler and due to lack of capital.i have been lacking things to make my work easier such as by buying machine purposely for leather,buying soles for shoes,laces.gum,board,stevener.
with this amount will help me to move to the next level and will able to employ more people who will help to do the work.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$235.00
Date disbursed
Mar 27, 2013
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
Ask George a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...