Name
Mathias
Member since
May 2021
On-time repayments
11 installments • 36%
My name is Mathias Phiri. I am a small scale businessman. I have been engaged in small businesses for a long time and with access to credit, I am determined to grow the business am doing now and build a big number of customers in order to make more revenue and profits to allow for my desired expansion.
My business involves upholstering of used furniture and fixing of dining and living room tables and chairs. I also make stools and side tables. My clients are diverse and include households, companies and community schools. I use only environmentally friendly materials to avoid damaging the environment.
I intend to use this loan to buy supplies for my bisiness. These include wood glue, Iron nails, Vanishing paint, planks, and other carpentry equipment including a plane.
I will be able to earn money to repay the loan by working hard to increase my orders and sales. I will grow my cuatomer base .and range of furniture for sale. If necessary I will use part of my savings.
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$9.00
Date disbursed
May 6, 2021
Repayment status
On Time
Projected term
1 week
Other loans
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Jari Jun 17, 2021
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