Producing bricks for construction of classrooms

Samwel

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Samwel

Member since

July 2016

On-time repayments

268 installments  •  66%

About Me

I am Mr. Samwel Nyangi. I am a building technician by profession and my main professional duties include supervision of buildings on construction sites.
I hail from Rongo Village, Homa Bay County in Nyanza region of Kenya. The main economic activity in Rongo is fishing at Lake Victoria. Lake Victoria is the second largest freshwater lake in the world, hence a main tourist attraction in Kenya. Other tourist attraction sites in my area include Ruma National Park bordering Lake Victoria. The Luo community is well known for a rich cultural heritage not limited to traditional songs, dances, dressing,rituals, etc. Nyanza region hence poses as a strong attraction destination for tourists.

My Business

I identified a gap in the building and construction sector especially in the supply of building materials and inputs. Hence, I got into the business of making and supplying man made bricks which are more cost effective and affordable compared to other bricks naturally mined and supplied by big firms. My business targets middle and low income earners who can hardly afford to buy bricks from big firms. My business offers customized solutions to the customers.

My business has a cash flow of $1500 per month with the major revenue coming from sales of man made bricks and supply of labour. I plan to repay the loan using proceeds from my business.

Loan Proposal

the new loan will enable me to purchase additional raw materials for the production due to new orders that we have received form government leaning institutions. this will enable us benefits abetter pay to my staff/ laborers based on the previous performance that has made getting to the level I am at the moment. current am expecting 70%increas towards my frofit compared to prviouse loan.

Income Source

due to the on going out break, I will be working on the new order which was placed by private leaning institution for the college renovations and additional class rooms and workshops of 15,000 pcs of blocks required,
precaution has been taken into considerations, I have 4 laborers who always stays withing the yard and all the preventive requirements by world health organization we have put in place.
trasporteting of raw materials is alowed by the goverment outhority under permit.

Show original English  

About Me

I am Mr Samwel Nyangi , am a building technician by profession and my main professional duties include supervision of buildings on construction sites.
I hail Rongo village homa bay county in nyanza region of Kenya,The main economic activities in Rongo is fishing at Lake vistoria,Lake victoria is the second largest fresh water lake in the world hence a main tourist attaction in kenya.Other tourist attaction site in my area include ruma national park bordering lake victoria.,I Luo community well for a rich cultural heritage not limited traditional songs,dances,dressing,rituals etc.Nyanza region hence pose as a strong attraction destination for tourists

My Business

I identified a gap in building and construction sector especially in supply of building materials and inputs,hence i got into the business of making and supplying man made bricks which more cost effective and affordable compared to other bricks naturally mined and supplied by big firms.
My business targets middle and low income earners who can hardly afford to buy bricks from big firms ,My business offers customized solutions to the customers.
My business has a cash flow of $ 1500 per month with the major revenue coming from sales of man made bricks and supply of labour.
My main aim for requesting for the loan is help me replenish my inventory,I plan to repay the loan using proceeds from my business

Loan Proposal

the new loan will enable me to purchase additional raw materials for the production due to new orders that we have received form government leaning institutions. this will enable us benefits abetter pay to my staff/ laborers based on the previous performance that has made getting to the level I am at the moment. current am expecting 70%increas towards my frofit compared to prviouse loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$935.00

Date disbursed

Apr 17, 2020

Repayment status

Late

Projected term

14 months

Lenders

A

Anninymouse

Southampton, United Kingdom

investor

Candiac, Canada

BelleStarr

Albuquerque, United States

lietu

Tallinn, Estonia

Rocketdrive

Eugene, Oregon, United States

MarktheMormon

Sandy, Utah, United States

L

ldron7

Utah, United States

J

jjcharlie

chicago, United States

MindMuse

Talking Rock, United States

S

SelvaMarcus

Green Cove Springs, United States

J

jared4

parowan, United States

G

graememoss

Amsterdam, Netherlands

Cloudways

Malta, Malta

P

Piotr

London, United Kingdom

K

Kevincleary

Omaha, United States

M

mastodons

Chicago, United States

A

Atlantia

Brisbane, Australia

southcentral

Zürich, Switzerland

J

jwharding

Hamburg, Germany

camilberlin

Berlin, Germany

M

Moonknight

Østre Gausdal, Norway

A

AndrewC

London, United Kingdom

gseletko

South Perth, Australia

N

NickLuder

London, United Kingdom

M

MartinC

Weston-super-Mare, United Kingdom

xtrahardware

Cazenovia, United States

mikeice

Kohler, United States

Z

zvrk2014

Brookline, MA, United States

J

jmwinga

Denver, United States

B

bscent

Hong Kong

belvi

Hoogeveen, Netherlands

D

Desteli

United States

I

idris

United States

Mike and Jacqui

United Kingdom

S

Sven

Netherlands

Jerome

Switzerland

MW

Matt Willis

United States

H

Hakon

Drammen, Norway

Kevin

San Francisco, United States

EB

Erica Brescia

United States

F

Florian

Munich, Germany

Isabella

UK, United Kingdom

AH

ajay hampapur

United States

Aran Dunlop

United States

DL

Dan Lawrence

United States

Paul Smithson

Leeds, United Kingdom

MC

United States

I

isaac

United Kingdom

RC

Rudi Chen

United States

Dan Brinkman

Lynden, WA, United States

E

EABF

Netherlands

J Laufs

Germany

JA

Jan Andresen

Hamburg, Germany

LZ

Li Zhang

United Kingdom

Sinan Taifour

Munich, Germany, Germany

L

Laura

San Francisco, United States

SA

Shar Alamdari

Los Angeles, United States

RE

Richard Ellis

United Kingdom

Ren

Minneapolis/StPaul, United States

L

Lucy

Australia

A

Anonymous

United States

J

jennie

Guatemala

Benjamin Kniaz

Boston, United States

WS

Warren Shen

United States

Day Family

Melbourne, Australia

Vratik Krocik

Prague, Czech Republic

VC

Victor Chong

United States

JZ

Julia Zaks

United States

Ellen

Michigan, United States

E

Ejvin

United States

Mary Norton

Byron Bay, Australia

Ken

Mequon, WI, United States

M

Mark

Toulouse, France, France

L

Lastoni

United States

B

Bart

Netherlands

D

Dalton

San Francisco, United States

CJ

Chris Jones

Seattle, United States

C

Campbell

New Zealand

DW

David Westmoreland

Colorado Springs, Colorado, United States

Melissa K

Portland, Oregon, United States

Dean Suminski

Portland, Oregon, United States

The Weltys

Averill Park, NY, United States

Diane U

Olympia, Wa, Usa, United States

Jean Wren Chan

United States

S

Southbanker

Reading, United Kingdom

CM

Colin Marks

United Kingdom

Adam Fraser

Cambridge, United Kingdom

JH

Joseph Hwang

Houston, United States

petter

Finland

Nick Studenski

Minneapolis, United States

R

Roman

Slovakia

DD

Dixie Davis

Kyle, United States

MN

Mathieu Nauraye

United Kingdom

Sayuri

United Kingdom

Ask Samwel 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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  • Samwel    Jan 14, 2024

    hello thanks, lender for the support, this loan will enable me to do more production of hollow blocks for the new order, which I have just received lpo for the supply. thanks again.

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  • Samwel    Jan 9, 2024

    Am very grateful to all my lenders who made it possible for me this far I've come with my business since corona pendamics challenges, my loan was used to make more hollow blocks and supplied to the govement institution. , which made a great change in my business.

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  • Samwel    Dec 24, 2023

    hello lenders
    I can clear my loan at once now that I've received the payments I've been waiting for from my clients/institution whom I supplied with many blocks for classroom construction.

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  • Samwel    Nov 28, 2023

    due to financial challenges and market economic crisis I would like to clear my overdue loan by January

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  • Samwel    Jul 25, 2023

    hello lenders due to financial challenges with my client who owes me a lot of money three months down the line. am still following up with institutions that owe me over kshs 260,000.
    allow me to
    reduce my installment as stated above.

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  • Samwel    Jul 4, 2023

    hello lenders due to some financial challenges with my client whom I had supplied with over 6o,000pc of the block, I would wish to reduce my installment to enable me to move forward with the operation of the business.

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  • Samwel    Jun 9, 2023

    dear lenders,
    am very much sorry for the delay I had issues with payment from the client/institution who gave me the tender as a result of KRA compliance certificates, and this led to court issues which I managed to sort out as well . therefore due to a lack enough funds in my account, I would wish to reduce my installments to the preferable amount to keep me moving forward as usual.

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  • Samwel    Jun 9, 2023

    Dear lenders
    sorry for the delays in some payments and KRA compliance certificates court issues have made me so silent without updates and communication on time. I am now sorted out free man as well. thanks

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  • Samwel    Apr 26, 2023

    hello lenders,
    I managed to purchase the raw materials for the products, I have been working tirelessly to meet the timeline despite the rainy season in the area we have made a good number of production 3,000pcs ready for collection. as we carry on with the rest.

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  • Samwel    Apr 4, 2023

    hello lenders
    this is to confirm that have received a total amount of kshs 106,241, am very grateful for the financial support towards my business success.

    I will order for the materials based on my draft material schedule/BQ.as per the quantity ordered.

    once again thanks lenders for the kind support. god blessings.

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  • Samwel    Apr 3, 2023

    hello lenders
    thanks for the partial payment that has been disbursed to my account currently
    below is the progress of samples that have been approved by the client to be worked on as per their project engineer's instruction on quality and sizes as well. inter; locking blocks are still under review based on the size and the quantities to produce based on the order given.

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  • Samwel    Mar 31, 2023

    Dear lenders
    This fund will enable me to purchase raw materials for the new order of interlocking bricks and hollow blocks as well.

    With this order of material, I'll be able to complete the order as per the target given by the clients.

    I want to sincerely appreciate the effort from my lender/zidisha family for the kind support towards my business successes.

    Thanks, once again.
    Regards
    Samwel

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  • Samwel    Mar 30, 2023

    hello lenders,
    below are molding boxes for the hollow blocks which we are yet to start production as soon as the funds are ready for raw materials. currently were doing samples for both interlocking blocks and hollow blocks as well for client approvals.

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  • Mary    Mar 29, 2023

    All the best Daniel

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  • Karnasih    Mar 28, 2023

    success

    Translated by Google     Show original

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  • Samwel    Mar 27, 2023

    Dear lenders,
    First am a very grateful man, and more very sorry for taking long to repay my loan which has been overdue as a result corona pandemic, which affected the business industry as well as the economy of the country.

    apparently, I got some payments from my clients who were also affected and they managed to pay me long overdue supplies. which has enabled me to offset my outstanding loan.
    Currently, I want to stock up my yard with enough raw materials e.g sand quarry dust for the blocks as well as interlocking bricks, as well manpower/staff to enable me to meet the target of new orders I have started receiving as of now.
    previously my business had been getting a good profit based on the local orders used to get and committed to supplying by 30 to 40% increments. which had managed to take my kids to school pay my staff overdue and invest some in land leasing for cash crops like sugarcane. etc. this has and
    will enable me to generate future a stable income from both sides of the business.

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  • Samwel    Mar 26, 2023

    hello lenders, I am very much sorry for the delay with the loan payments, due to corona pandemic my clients never paid me on time after the delivery of blocks mostly movements institutions and another local developer, ni have been following up and I have received some client and am now able to settle my outstanding loan. thank you so much and I hope I will be loan again with the same sprint, the situation has been tough for me and I hope I will manage to go through business success.

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  • Samwel    Sep 19, 2022

    Hello lenders am working on some payments by end month of September am really following up my client as well, at the moment I'd some sugar plantation which I've decided to make some juguries as attached photos,
    This a product made from sugar cane juices , (molasses)

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  • Samwel    Aug 30, 2022

    hello lenders due to corona pandemic crisis my business was affected financially, as well as my clients were no able to pay me the outstanding debts simply because the crisis affected the whole country as well.
    Therefore economic is coming back slow by slow we have also stared getting some small payment from clients to move on with our business as usual with daily productions raw materials are in place, we are yet to start production as soon as possible this will enable get more product on site to sell as well as paying back the outstanding loan which as been pending for sometimes. we apologized for the incontinency delays.

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  • Samwel    Aug 29, 2022

    hello lenders am working on the payment very soon just following up with my clients who had not managed to settle their outstanding payment with us.

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