Better future through business of recycling plastics

Kevin Ajala

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Kevin Ajala

Location

Kisumu, Kenya

On-time repayments

5 weekly installments  •  80%

About Me

My name is Kevin Ajala a Kenyan citizen by birth though still young, having undergone several rough hard times in my childhood life, results of continuous desire of diving into the business field drove me into it. Not a bad debtor as long as my concern is reviewed,an entrepreneur goal oriented and we'll disciplined in cases of money and financial matters and that's why my business is even steadily shooting up.

My Business

This is a locally derived business but internationally recognized as it also ensures maximized environmental conservation. This is an underated business but deep inside great profits lie at least risk taken. Starting from basic foundation,the business concerns plastic recycling into usable materials like household items where the used plastics are picked then brought to me in a local centre at utmost ten Kenyan shillings per kilogram but at the regional center one kilogram is taken at thirty shillings hence there is hundred and fifty percent profit when taken in bulks like four tonnes that can bring close to 200%.

Loan Proposal

The funds to be raised are at most needed by the small business like my mine that fully depend on the input amount being directly proportional to the output in that to increase my profits I only need to strengthen my capital which will raise the goods I take before supplying to the chief collection center. The funds are to therefore be used increase the goods I take before selling off thus there will be bulk supply.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$13.86

Date disbursed

Aug 18, 2021

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $0.69

Lenders

JimVandegriff

Trinidad, California, United States

matt carroll

London, United Kingdom, United Kingdom

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Summary

Amount repaid

$13.86

Amount remaining

$0.00

Date repaid

Aug 22, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 25, 2021 $6.93 Aug 22, 2021 $6.93
Sep 1, 2021 $6.93 Aug 22, 2021 $6.93

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