Electric bed-saw machine for making bedroom furniture
Moses
Nairobi, Kenya
4% repaid
Entrepreneur
Name
Moses
Member since
May 2016
On-time repayments
149 installments • 44%
About Me
I was born in the eastern province of Kenya in ukambani where is semi desert. Due to its remoteness and in adequate facilities, we had to walk for along distance over 10kilometers away school. since my hoe is from semi arid area my parents could not carry on agriculture yet they had no a good means to earn enough money to take as to school i was to find another means for survival.as believed hardworking pays i had to work hard to achieve my dream and become self employed as i did not manage to continue with my education.i paid for a carpentry course where i learn how to make furniture goods.Nairobi is the best place to live and invest in business due to its high population that has increased the demand of human needs.i would wish my children to become engineer and doctor when they grow up.i like meeting friends to exchange ideas and listening to gospel music.
My Business
I am a carpenter whereby i make and sell furniture like sofa sets,tables,stools,cupboards and wall units to my customers. this valuable good to people as people need furniture in their life. I decided to do this business due to its high demand and the current population growth in Nairobi that i got the interest to make quality furniture at the best price.my typical cost may vary according to the sells daily and i can sell between 1 to 4 sets in a day at a price $150 each that i have to use it for adding materials and paying rents.zidisha has in other hand made my business to improve and change life as i can now make more ready goods to my customers.i use my profit to pay rents and bills,school fees,and home improvements.
Loan Proposal
Thanks zidisha for this another great opportunity that has really changed my life.through your support I have been able to expand my business to another level. Now I will use my loan to buy an electric bedsaw machine at the Price of $900.this will help me to grow my business since I will be able to make my own frames and even make more frames to sell for other Carpenters at a reliable price.this will definetly create job opportunities to other youths. My profit will increase by more than 40% thus change my life standards. Thanks so much.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$977.00
Date disbursed
Oct 18, 2017
Repayment status
Late
Projected term
226 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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