A loan of $725 helped to buy raw materials to make beds, tables, and chairs.

Farrah's story

Farrah is 34, married, and has five children that range in age from 4 to 15 years old. His wife is a trader, and all of their children attend school. In 2000, Farrah established a furniture-making business. He began his business at age 15, after his father died. Without his father, there was no sponsorship for his schooling and because of this, Farrah's uncle advised his mother to send him to study at a carpentry workshop.

Now Farrah makes beds, chairs, cupboards, dressing mirror, tables, benches, desks, and other items. He works six days a week, 11 hours a day, and earns about Le 1,500,000 every month from his business. Farrah has already received and successfully repaid one loan, and plans to use the proceeds of this loan to buy raw materials to make beds, tables, and chairs. Farrah says a major business challege for him is that some customers will not pay in full for items they order, leaving unpaid balances that are difficult to collect. He serves about 10 customers each day, and says his business is popular because of his quality production. He has two trainees in his workshop.

He hopes that this loan will enable him to increase his monthly profits by approximately Le 230,000. In the future, Farrah plans to build his own house, to have a more business capital, and to see that his children are educated and have good standard of living.

Loan details

Lenders and lending teams

Loan details