Materials for my furniture

Erick

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Erick

Member since

April 2016

On-time repayments

235 installments  •  8%

About Me

My name is Erick Ogaro i was born in a family of 6 and i am 4th born i went to school in Kabolet primary school and join a mixed secondary school called ST.AUGUSTINE secondary school in Munyaka.
I overcome hardship through working hard wen i was employed as a helper in 2 years and i gain experience .
after gaining experience with my little capital i open a small business which picked slowly.
Most of the people are God fearing and they worship every Sunday by going to church.
I would like my children to open and own business.
A part from watching football i also like making new friends.

My Business

my business is to make and sell furniture by distributing to my customers when they buy
In my business every day i get new customers and every end of the month i sell a lot of furniture
I choose this business because of high demand and less supply.
every month i spend SH.8000, and i get a profit of Sh3000 per month.
I use my profit by investing back in the business

Loan Proposal

I will use the loan to buy the following materials for my business:
1. Frames which costs $30
2.Pillows for sofa sets costs$40
3.Nails which costs $20
4. Velvets $20
5.Timbers for my furniture work costs $33.8
I would like my profit to increase up to 60% of my income.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 15, 2016

Repayment status

On Time

Projected term

4 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

The Zinc Team

San Francisco, United States

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