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.
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
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$935.00
Date disbursed
Apr 17, 2020
Repayment status
Late
Projected term
14 months
Other loans
Lenders
Southampton, United Kingdom
Green Cove Springs, United States
Amsterdam, Netherlands
Omaha, United States
Østre Gausdal, Norway
Vietnam
United States
United States
Canada
United States
United States
Germany
Norway
Hamburg, Germany
Norway
United Kingdom
United States
Hong Kong
United States
United Kingdom
Seattle, United States
Bruno Sanchez-Andrade Nuño (brunosan)
United States
Sweden
Colorado Springs, Colorado, United States
Reading, United Kingdom
United Kingdom
Houston, United States
Germany
Romania
Summary
Amount repaid
$935.81
Amount remaining
$0.00
Date repaid
Mar 26, 2023
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 25, 2020 | $19.71 | Apr 24, 2020 | $19.71 |
| May 2, 2020 | $2.96 | Apr 24, 2020 | $2.96 |
| May 9, 2020 | $0.50 | May 4, 2020 | $0.50 |
| May 16, 2020 | $0.48 | May 4, 2020 | $0.48 |
| May 23, 2020 | $0.50 | May 18, 2020 | $0.50 |
| May 30, 2020 | $0.50 | May 30, 2020 | $0.50 |
| Jun 6, 2020 | $0.50 | Jun 6, 2020 | $0.50 |
| Jun 13, 2020 | $0.50 | Jun 6, 2020 | $0.50 |
| Jun 20, 2020 | $1.00 | Jun 18, 2020 | $1.00 |
| Jun 27, 2020 | $1.00 | Jun 27, 2020 | $1.00 |
| Jul 4, 2020 | $1.00 | Jul 4, 2020 | $1.00 |
| Jul 11, 2020 | $1.01 | Jul 13, 2020 | $1.01 |
| Jul 18, 2020 | $1.00 | Jul 19, 2020 | $1.00 |
| Jul 25, 2020 | $1.00 | Jul 27, 2020 | $1.00 |
| Aug 1, 2020 | $1.00 | Jul 27, 2020 | $1.00 |
| Aug 8, 2020 | $4.94 | Aug 8, 2020 | $4.94 |
| Aug 15, 2020 | $8.01 | Aug 8, 2020 | $8.01 |
| Aug 22, 2020 | $3.46 | Aug 14, 2020 | $3.46 |
| Aug 29, 2020 | $3.46 | Aug 30, 2020 | $3.46 |
| Sep 5, 2020 | $0.98 | Aug 30, 2020 | $0.98 |
| Sep 12, 2020 | $9.37 | Sep 3, 2020 | $5.30 |
| Sep 11, 2020 | $4.07 | ||
| Sep 19, 2020 | $1.00 | Sep 20, 2020 | $1.00 |
| Sep 26, 2020 | $1.96 | Sep 20, 2020 | $1.96 |
| Oct 3, 2020 | $9.86 | Sep 26, 2020 | $2.96 |
| Sep 27, 2020 | $3.94 | ||
| Oct 1, 2020 | $2.97 | ||
| Oct 10, 2020 | $4.93 | Oct 10, 2020 | $4.93 |
| Oct 17, 2020 | $1.49 | Oct 16, 2020 | $1.49 |
| Oct 24, 2020 | $1.49 | Oct 26, 2020 | $1.49 |
| Oct 31, 2020 | $1.49 | Oct 26, 2020 | $1.49 |
| Nov 7, 2020 | $1.49 | Nov 6, 2020 | $1.49 |
| Nov 14, 2020 | $1.49 | Nov 14, 2020 | $1.49 |
| Nov 21, 2020 | $0.31 | Nov 14, 2020 | $0.31 |
| Nov 28, 2020 | $1.49 | Nov 27, 2020 | $1.49 |
| Dec 5, 2020 | $1.49 | Nov 30, 2020 | $1.49 |
| Dec 12, 2020 | $1.00 | Dec 14, 2020 | $1.00 |
| Dec 19, 2020 | $1.00 | Dec 14, 2020 | $1.00 |
| Dec 26, 2020 | $1.00 | Dec 28, 2020 | $1.00 |
| Jan 2, 2021 | $1.00 | Jan 9, 2021 | $1.00 |
| Jan 9, 2021 | $1.48 | Jan 11, 2021 | $1.48 |
| Jan 16, 2021 | $11.12 | Jan 25, 2021 | $2.52 |
| Jan 30, 2021 | $4.93 | ||
| Jan 30, 2021 | $3.67 | ||
| Jan 23, 2021 | $1.26 | Jan 30, 2021 | $1.26 |
| Jan 30, 2021 | $1.97 | Feb 4, 2021 | $1.97 |
| Feb 6, 2021 | $0.00 | ||
| Feb 13, 2021 | $0.00 | ||
| Feb 20, 2021 | $0.00 | ||
| Feb 27, 2021 | $0.00 | ||
| Mar 6, 2021 | $11.12 | May 2, 2021 | $1.97 |
| Jun 11, 2021 | $1.97 | ||
| Aug 5, 2021 | $0.99 | ||
| Sep 22, 2021 | $1.97 | ||
| Jul 27, 2022 | $0.87 | ||
| Aug 10, 2022 | $0.99 | ||
| Sep 6, 2022 | $0.99 | ||
| Sep 27, 2022 | $1.38 | ||
| Mar 13, 2021 | $11.12 | Sep 27, 2022 | $3.55 |
| Sep 27, 2022 | $1.97 | ||
| Nov 29, 2022 | $1.97 | ||
| Dec 6, 2022 | $0.99 | ||
| Dec 17, 2022 | $1.97 | ||
| Dec 24, 2022 | $0.67 | ||
| Mar 20, 2021 | $98.54 | Dec 24, 2022 | $1.30 |
| Dec 26, 2022 | $2.96 | ||
| Jan 21, 2023 | $1.97 | ||
| Jan 28, 2023 | $1.97 | ||
| Feb 6, 2023 | $1.97 | ||
| Mar 15, 2023 | $4.93 | ||
| Mar 26, 2023 | $83.45 | ||
| Mar 27, 2021 | $98.54 | Mar 26, 2023 | $98.54 |
| Apr 3, 2021 | $98.54 | Mar 26, 2023 | $98.54 |
| Apr 10, 2021 | $98.54 | Mar 26, 2023 | $98.54 |
| Apr 17, 2021 | $98.54 | Mar 26, 2023 | $98.54 |
| Apr 24, 2021 | $98.54 | Mar 26, 2023 | $98.54 |
| May 1, 2021 | $11.12 | Mar 26, 2023 | $11.12 |
| May 8, 2021 | $11.12 | Mar 26, 2023 | $11.12 |
| May 15, 2021 | $11.12 | Mar 26, 2023 | $11.12 |
| May 22, 2021 | $11.12 | Mar 26, 2023 | $11.12 |
| May 29, 2021 | $11.12 | Mar 26, 2023 | $11.12 |
| Jun 5, 2021 | $16.04 | Mar 26, 2023 | $16.04 |
| Jun 12, 2021 | $16.04 | Mar 26, 2023 | $16.04 |
| Jun 19, 2021 | $98.54 | Mar 26, 2023 | $98.54 |
| Jun 26, 2021 | $11.12 | Mar 26, 2023 | $11.12 |
| Jul 3, 2021 | $11.12 | Mar 26, 2023 | $11.12 |
| Jul 10, 2021 | $2.76 | Mar 26, 2023 | $2.76 |
Ask Samwel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.