To buy furniture materials for my wokshop

Erick

Nairobi, Kenya

1% 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 $ 40 to buy more timber.
i will use 50 to buy valvates.
i will use $10 to buy nails.
i will use $ 30 to renovate my workshop
frames $ 40
This will help my business to meet many customers and also to enter in international market.Thank you my lenders for supporting my business.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$170.00

Date disbursed

Sep 4, 2016

Repayment status

Late

Projected term

50 months

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Ask Erick a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Erick    Jun 3, 2018

    hellow my lenders

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  • Erick    Aug 19, 2017

    please my leaders i have decided to reduce my installments to ks.100 because my business was interfered by the election violence and i had a prolonged illness too.

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  • Erick    Jun 21, 2017

    hellow my learders am sorry for the late repayment of my loan i have been sick for the last four months am now one week since i came out of the hospital.I therefor lookforward to pay my loan accordingly and to continue to borrow in future .THAT YOU FOR THE SUPPORT

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  • Mark S Yourek    Oct 7, 2016

    Hi -- I hope things are going well for you. It looks like you are falling behind in your payments. Let us know what is going on -- see you

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  • Erick    Sep 2, 2016

    Thank you my lenders for your contribution toward my business may the most high bless you to help more other needy people to change life.

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  • Erick    Sep 2, 2016

    Hello my Lenders i take this moment to say thank for the loan that you gave me ,surely it has enabled me to expand my business and meet more customers and make good profit to my furniture for about 25% increase,that help me to employ two workers who help me to carry out the duties.Thank you a lot for your support.

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  • Erick    Sep 1, 2016

    I would like to increase my installment to ksh.8782 ,this is because my business has picked and enabled me to make and sell more furniture to my new customers, who buy them every day and gave me good profit, therefore i decide to change my installment.

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  • Erick    Jul 27, 2016

    I cannot pay the full installment that i was paying due to my job is not working well which cost me to change it up to 200.

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  • Erick    Jul 10, 2016

    I have increase my installments to ks,1000,because may business have picked and i have started making good profits and therefore made me to decides to change it instantly.

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  • Erick    Jun 13, 2016

    thank zidisha for the laon

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  • Erick    May 26, 2016

    Thanks zidisha am duing well

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  • Erick    May 23, 2016

    Hello Zidisha Group its my high time i say thank you for your loan that you gave me .It has actually made me to expand my business though i had fire risk last time .I thank you a lot continue with the same spirit.

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  • Erick    May 18, 2016

    These are my todays furnictures that i made

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  • Erick    May 16, 2016

    Am still doing well Thank You Zidisha for the loan

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  • Erick    May 12, 2016

    Am now working outside due to fire loss.

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  • Erick    May 7, 2016

    there was outbreak of fire which led to a lot of loss to my furnitures, thus made to the reduction of the payment.

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  • Erick    Apr 29, 2016

    am going well Zidisha group

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  • Erick    Apr 23, 2016

    I have also buy timbers and pillows for my furniture

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  • Erick    Apr 22, 2016

    I have used the loan to buy timbers , nails, vavetes and to hire two lobourers.
    It has made me to make more furnitures and thus attracting more customers every day . My eanings has increased by one thousand every day.
    The earnings that i ussualy get, i use it to buy materials and to pay my workers

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  • Erick    Apr 22, 2016

    THANK YOU ZIDISHA for your loan

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