Buy more spades for labour

Jackline

Ugenya, Kenya

100% repaid

Entrepreneur

Name

Jackline

Member since

January 2018

On-time repayments

38 installments  •  58%

About Me

My names are Jackline Odero .Iiam married with one child .I am 23years old.my education level is college I trained as a primary school teacher .currently the government has not employed us hence my husbands income is not enough to support our family and parents.hence I decided to begin selling sand since we have a river near us and send is a demand to constructors.my hobbies include traveling garfeniing music .This business is very simple foes not need a lot of capital to begin the biggest challenge is transport

My Business

My business deals with construction sand supply .I get some young men in our village whom I use to get the sand from the river .I pay them on daily basis each 200 kes 2 dollars. per day once I get a tender in terms of Lorrie's tonnes I have to hire a lorry and some casual labour workers I sell per tonne one lorry 15000 which is 150 dollars in a week I sell 20 tonnes which is 300000 kes which is 3000 dollars I pay the casual labour 150000 kes total which is 1500 dollars lorry transport per week 100000kes that is 10000 dollars my profit per week when its peak season is 50000 kes per week which is 200000kes per month 20000 dollars low season I make 100000kes which is 10000dollars .avarage I make 80000ksh _50000kes monthly .after paying all the expenditures .in future I plan to buy my own lorry for transport

Loan Proposal

I will buy more spades one spade costs 300kes hence I will buy 3spades to help in making work easier for my casual labour.300kes is 3dollars most of the spades I have are not in good condition .this will improve the out put in the quantity of sand

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$16.00

Date disbursed

Feb 17, 2018

Repayment status

On Time

Projected term

4 weeks

Lenders

Stefano Bertolo

Luxembourg, Luxembourg

GB

Gernot Barnreiter

Vienna, Austria, Austria

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