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

None

None

None

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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Summary

Amount repaid

$0.00

Amount remaining

$105.00

Expected completion

Mar 5, 2017

Status

Repaying late

Installment amount

$2.01

Repayment History

Expected Payments Actual Payments
Mar 6, 2016 $2.01
Mar 13, 2016 $2.01
Mar 20, 2016 $2.01
Mar 27, 2016 $2.01
Apr 3, 2016 $2.01
Apr 10, 2016 $2.01
Apr 17, 2016 $2.01
Apr 24, 2016 $2.01
May 1, 2016 $2.01
May 8, 2016 $2.01
May 15, 2016 $2.01
May 22, 2016 $2.01
May 29, 2016 $2.01
Jun 5, 2016 $2.01
Jun 12, 2016 $2.01
Jun 19, 2016 $2.01
Jun 26, 2016 $2.01
Jul 3, 2016 $2.01
Jul 10, 2016 $2.01
Jul 17, 2016 $2.01
Jul 24, 2016 $2.01
Jul 31, 2016 $2.01
Aug 7, 2016 $2.01
Aug 14, 2016 $2.01
Aug 21, 2016 $2.01
Aug 28, 2016 $2.01
Sep 4, 2016 $2.01
Sep 11, 2016 $2.01
Sep 18, 2016 $2.01
Sep 25, 2016 $2.01
Oct 2, 2016 $2.01
Oct 9, 2016 $2.01
Oct 16, 2016 $2.01
Oct 23, 2016 $2.01
Oct 30, 2016 $2.01
Nov 6, 2016 $2.01
Nov 13, 2016 $2.01
Nov 20, 2016 $2.01
Nov 27, 2016 $2.01
Dec 4, 2016 $2.01
Dec 11, 2016 $2.01
Dec 18, 2016 $2.01
Dec 25, 2016 $2.01
Jan 1, 2017 $2.01
Jan 8, 2017 $2.01
Jan 15, 2017 $2.01
Jan 22, 2017 $2.01
Jan 29, 2017 $2.01
Feb 5, 2017 $2.01
Feb 12, 2017 $2.01
Feb 19, 2017 $2.01
Feb 26, 2017 $2.01
Mar 5, 2017 $0.65

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