Expanding business growth

Dennis

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Dennis

Member since

March 2017

On-time repayments

22 installments  •  14%

About Me

I do deal with scrap metal business in Mombasa county.I do recycling of plastics containers.
Currently I have employed 12employess who help me in running of my business. Currently I plan to build a water plant to sell bottled water in Mombasa county.
My projection by 2020 is to have a Small factory with branches in Mombasa and Nairobi county with a projection of making 30m profit per month.

My Business

My business generates an income of ksh50000 and above per month.I do the rent am running my business per month I pay ksh20000.
My products I deal with are copper kh470
brass ksh400
Aluminum ksh300
I do offer light transport in Mombasa and Kilifi county ...
The business has employed a number of Youth directly and indirectly with a projection of supporting 20+ employees by end of this month.
If I find a serious investors we work with am sure we will win it.

Loan Proposal

I will buy more metals.I pledge to pay as fast as possible.
I am a trustworthy personn,honest and hardworking
I look forward getting more referrals.
I will pay as quick as possible

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

Apr 27, 2018

Repayment status

On Time

Projected term

2 weeks

Lenders

Paul Thompson

York, United Kingdom

RM

Roddy Murray

United Kingdom

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  • Dennis    Nov 20, 2018

    Am grateful I bought bottled water plastic bottles for my industry.

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  • Dennis    Jul 22, 2018

    I have repaid my loan.thanks so much

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  • Paul Thompson    Apr 25, 2018

    I hope this loan will help you grow a stable and profitable business Dennis, I think if you can make the repayments successfully the next time you apply you'll be funded easily. Good luck.

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  • Dennis    Apr 8, 2018

    I have repayed back my loan

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  • Julie    Apr 1, 2018

    Hi Dennis, any updates on your repayment plans?

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  • Dennis    Dec 28, 2017

    I received ksh719 am grateful to my financiers and God bless you so much.Thanks for uplifting souls through your noble cause

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  • Dennis    Dec 6, 2017

    I am grateful my business is picking up well.God bless my mentors

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  • Alex    Jun 1, 2017

    I talked to Dennis who said he is organising to repay his loan.

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  • Mr Chris Turner    May 9, 2017

    Hi Dennis
    It's forecast you are right recycling our unwanted items is becoming is becoming a big employer .l have daughter starting a business doing it here
    in Cambridge. I have been to Mombasa . Is the steel blast furnace still working ?. May God bless you and your business.
    Chris

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  • Alex    Apr 19, 2017

    Dear Dennis, congrats for repaying your loan fully. However you were to repay gradually to enjoy an increament. If you get time, kindly call me for more elaboration.

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  • Dennis    Apr 14, 2017

    Am grateful for the loan.Looking forward for long term relationship. I have fully repaid my loan.Thanks

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