Buy trees for cutting timber to sell in my timber yard

Jeremiah

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

0

days left

Entrepreneur

Name

Jeremiah

Member since

February 2016

On-time repayments

53 installments  •  0%

About Me

My name is Jeremiah, i grew up in bungoma county in a family of 6 children. life was average and my father was a farmer. Atleast we could get basic needs though we could not school well due to lack of fees.
Currently i am in trans Nakuru county where i am operating a small timber yard and i have a dream of expanding my business to a big timber yard in future.

My Business

i operate a timber yard here in Nakuru county where i sell timber for building.
I started this business to financially support my family and to educate my children through the profits earned. my goal is to be a leading supplier on the items i supply but my challenge is inadequate fund to expand the business
I make profits of between $ 150 - $200 depending on the demand. I use the profits to educate my children

Loan Proposal

I will use the loan to buy more trees and to cut them for logs to supply to school which will cost me around $ 180, the sales will increase my revenue and margin that i will save and this will help me meet my goals and raise my living standard.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 23, 2016

Repayment status

Late

Projected term

12 months

Lenders

The Zinc Team

San Francisco, United States

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