Wood and nails for making furniture

Osward

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Osward

Member since

July 2017

On-time repayments

25 installments  •  100%

About Me

I grow up in a small village from a very humble family. My parents could not afford to send me to school but, I managed by doing garden then selling and that's how I completed my grade twelve. From there I was given sponsorship in which I had to repay for two years by working with an organisation of which I did.
I came to start my business from neighbor who had a skill of making furniture and I got interested and decided to learn a skill.
Where I leave there are a lot of traditional ceremonies and tourism of various Animal species.
My children wants to be, one a director of companies and the other one Doctor.
The time when I went to view wild animals and I had a lot of funny with my friends.

My Business

Zidisha is my income source. This came to my attention when I learned how zidisha. Is trying to support individuals with business minded and reduce the low living standards of people. I have a big business mind dispite the lack of capital, receiving zidisha in my hand came as a surprise and I decided to join and make it my only source of income of which I have to graduate bit by bit if I build strong relationships and trust with zidisha.

Loan Proposal

I'm currently working as a carpenter, with my loan I will buy pieces of timber and nails. Since I'm still on the grass roots of my business, I'm expecting to buy about 5 long timbers and 5 packets of Nails. Which will cost me k294.
There is a lot of benefits as people use these stools in their business buildings and homes.
I'm expecting to make a profit of 35%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$34.00

Date disbursed

Sep 12, 2017

Repayment status

On Time

Projected term

5 months

Other loans

Lenders

David McLauchlan

Seattle, United States

BE

Bob Ewing

United States

Dennis L

Berlin, Germany

JS

Justin Saxton

United States

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  • Osward    Feb 10, 2018

    I can repay the remaining instalments at once so that I clear the remaining credit.

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  • Osward    Oct 26, 2017

    I have a business drop down, my money can't sustain to repay my credit of ZMK 20 at the moment but I will soon increase when my business is boosted.

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  • Osward    Sep 16, 2017

    I received k294 and I'm very happy for the continued trust and support. I will buy timbers and nails from the loan I received.
    Lastly but not the least, I'm saying thank you so very much for for the loan once more.

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  • Osward    Sep 5, 2017

    Before I say what I will buy, I would love to say thank for continuous trust that my lenders are putting in me and also for loan that I have been given.
    I shall buy timber and nails for making the household chairs.
    The money will help if I keep on fundraising, because I want to go to school and do my degree in Education. With these loans, It shall help me to grow my business sooner than later.

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  • Osward    Aug 22, 2017

    From my previous loan, I bought four packets of nails for my stool furniture making. I had difficulty time before the loan to finish making my furniture but, because of the loan, I finished on time and sold to my customers. I had an increase of 10% from the total amount I received which truly made a difference. At the moment, I'm just keeping it in my account but I'm planning to buy more timber for so that I make more chairs. I have no holidays yet, just thinking more on how to increase my business. My neighbourhood has a lot of things to offer such as private schools, grocery, photocopying, typing and printing. I'm interested in again starting either a private school, or stationary because I have experience in those fields.
    Lastly but not the least, I'm very greatiful for trusting in me and I'm making sure I invest my money wisely and also learn more on how to make my business grow.

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  • Osward    Aug 7, 2017

    I just feel that I can repay back in k25 instalments.

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  • Osward    Aug 1, 2017

    Many thanks to my lender, I should confirm that I received k80. I will use the money to buy nails that will be used to make the chairs.
    Please, continue with same spirit.

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  • Osward    Jul 22, 2017

    I'm in the business of making home furniture. From my loan, I will buy the nails and other necessity for making my furniture. I'm glady I have been trusted, by lenders. All I can say is that, thank you very much and I promise to pay back in time.

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