Money for workshop equipments

Vitalice

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Vitalice

Member since

November 2016

On-time repayments

84 installments  •  85%

About Me

Hello,
My name is vitalice onyango. I'm 40 years and I'm a carpenter by profession. I was born in Siay a district in Kenya. My childhood days were spent looking after my fathers cattle, which was the livelihood of our large family of 8 siblings.
I trained as a carpenter, a trade which was the only option after failing to get school fees to continue with education. I came to Nairobi some 10 years ago and a friend of mine introduced me to his local way of work, we have been doping simple repairs in the local area of Mathare North area 2 since.
However, I have children in school, the little jobs we do and the strains in the economy has pushed me to think of how to get money to open my workshop. I will be happy if you could help fund my workshop project.
As a born again https://www.sportpesa.com/#, when I have no work at the workshop, I spend most of my time in the church at the Jesus winner ministry where I like sharing the word of God.

My Business

Workshop in the area of Mathare area 2
The nature of the intended project is to open a workshop where my friend and I would work at ease without the need to go round searching for clients. I will buy a surface planner and a lathe machine to help with wood work.
At the moment, the projected cost of the project is at Ksh-150,000 which will be enough to buy the two machines. on atypical month, the cost of purchasing other supplies will include another Ksh-30,000 and the rental cost will take Ksh-5,000 per month.
I spend Ksh-4500 as the rental cost for my house where I reside with my children. the school fees usually takes Ksh-150,000 per year.

Loan Proposal

With this amount, i will secure a few pieces of timber for my workshop, make the items and sell for a profit. Like in the past, though the amount may not be able to buy much, I will prioritize on buying the basics that can spur the growth of the business. funding my loan will not only bring satisfaction to my needs but also give the givers a chance too assist me move out from the York of poverty.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$17.00

Date disbursed

Jun 27, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

CC

Catherine CatDesignz

Halifax, United Kingdom

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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