Sponge materials

Charles Musyimi

Kilifi, Kenya

Funds disbursed

$0 to go

100% funded of $12 goal

0

days left

Entrepreneur

Name

Charles Musyimi

Member since

September 2016

On-time repayments

19 installments  •  37%

About Me

Am a father of 2 children living at mariakani are in the kilifi county.I was born in a family 4 children being the first born and managed to complete my primary and secondary education and proceeded to the nearby polytechnic where I did carpentry and specialized in it.Since I could not start my business due to lack of capital at the moment, I got employed at my friend workshop where I mastered my skills and empowered my skills.I managed to save 30% of my income for 4 years which I used to buy tools and materials and started my own workshop that am still managing it.People in my area are very social and religious.I would like my children to be business people when they grow.My hobby is to swim at the ocean and meeting new friends.

My Business

Am a carpenter and make quality furniture for my customers since they are in high demand in the local market, it has a good return profit as i make quality furniture and most decent.I spent $100 on weekly basis to buy materials in my workshop which returns me over 50%profit on selling the finished sets and this has made me to like this type of business.I spent my profit to pay school fees,growing my business,personal development and make some saving.

Loan Proposal

a now making another new sets after selling my stock and wish to use my of $12 loan to buy sponges so that i can have complete full materials to finish my work on tie and sell them to my customers to earn more profit.

Feedback

1

None

1

  • Margaret    Aug 19, 2018

    Sadly, Charles had made no effort to repay his loan or to communicate with his mentor why he cannot repay.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$12.01

Date disbursed

Dec 25, 2016

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $0.50

Lenders

ads68

Melbourne, Australia

M

Margaret

United States

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