Entrepreneur
Name
Lilian
Member since
October 2014
On-time repayments
62 installments • 73%
About Me
My name is Lilian Wabala, went to Busia Airstrip primary school, Kolanya Girls High School and lives in Busia Kenya. I come from a polygamous family . I am a Christian with Church of God Busia. I decided to practice timber selling and purchased some few timber worth twenty thousands(Kenya shillings) The management system I am using is full time personal supervision The reason I decided to have a timber yard is that there is high demand for timber in my county due to high population growth rates where many people are forced to construct houses and furniture, There is also demand for timber in businesses like coffin making and firewood for fuel. This has created a huge business opportunity for me, since I can purchase timber from suppliers and sell to my customers. Availability of trees in my country especially the forests and personal tree plantations spearheaded an opportunity for my business to take root . I love my Timber selling business because it is providing money for my family. I am able to support my family from the profit I get from the sales I make.
My Business
Am an entrepreneur dealing with timber, I buy and sell timber to different buyers both in Carpentry and Construction of houses. I have worked for an NGO as a field officer for 2years and managed to raise some little capital to start a timber business.
Loan Proposal
I therefore need more to expand and buy more stock, invest in and later buy a smoothening machine that will help in cutting and smoothening timber so as to attract more customers. I have requested for a loan to help me buy a handcart that I will be able to hire for customers to use for transporting the timber that they buy from my timberyard and charge a reasonable fee so that this helps me boost my business. With the hardcart, I foresee my yard expanding and I have a vision of stocking ropes, nails and wood preservatives that customers use during their construction and carpentry work, indeed the loan will help me purchase more once I succeed getting it.
My Business
Am an entrepreneur dealing with timber, I buy and sell timber to different buyers both in Carpentry and Construction of houses. I have worked for an NGO as a field officer for 2years and managed to raise some little capital to start a timber business, I therefore need more to expand and buy more stock, invest in and later buy a smoothening machine that will help in cutting and smoothening timber so as to attract more customers. I have requested for a loan to help me buy a handcart that I will be able to hire for customers to use for transporting the timber that they buy from my timberyard and charge a reasonable fee so that this helps me boost my business. With the hardcart, I foresee my yard expanding and I have a vision of stocking ropes, nails and wood preservatives that customers use during their construction and carpentry work, indeed the loan will help me purchase more once I succeed getting it.
Loan Proposal
Am an entrepreneur dealing with timber, I buy and sell timber to different buyers both in Carpentry and Construction of houses.Once i get the loan, I am requesting for a loan to help me buy a handcart that I will be able to hire for customers to use for transporting the timber that they buy from my timberyard and charge a reasonable fee so that this helps boost my business. With the hardcart, I foresee my yard expanding and I have a vision of stocking ropes, nails and wood preservatives that customers will buy to use during their construction and carpentry work, indeed the loan will help me purchase more once I succeed getting it.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Nov 14, 2014
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
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