Buying more raw materials to grow my business: "Ukuru Briquette Enterprises"
Orina
Alego, Siaya, Kenya
100% repaid
Entrepreneur
Name
Orina
Member since
October 2016
On-time repayments
86 installments • 17%
About Me
I grew up in Kalkada village in West Alego. I joined a garment making course at Kitale Polytechnic. Upon completion of the course, I worked as casual worker with Raymond’s Fabrics in Eldoret after which I returned home. I later moved to Kisumu and started a tailoring business and at the same time enrolled for a 1 year certificate course in garment design at Ramogi Institute of Technology in Kisumu and obtained a certificate. I later became sick and could no longer continue with the tailoring business.
I started the briquette business in 2014. I look forward to growing the business to a level that I will generate income that is adequate to support my family and make us live an admirable and dignified life.
My Business
Ukuru Briquette Enterprises was started in 2013. The business deals in production and selling of quality charcoal briquettes in Kisumu. The business sells to local hotels and urban households within Kisumu city. The business faces the challenge of low production due to the crude equipment used for production. The business also faces inadequate production space and, at times, wet weather conditions halt the production process. I need to scale up production so as to lower the costs. Scaling up of production requires additional working capital for buying raw materials and equipment. Access to capital is also not easy due to a lack of collateral, a key requirement to get financial support from financial institutions.
Loan Proposal
The loan will be used as capital for buying additional raw materials(charcoal dust, binder and poly sacks for packaging finished products) at a cost of $120. Because of the increased number of units traded, I will be able to serve more customers from which I expect to generate additional income of at least 15,000 a month.
About Me
I grew up in Kalkada village in West Alego. I joined a garment making course at Kitale Polytechnic.
Upon completion of the course I worked as casual worker with Raymond’s Fabrics in Eldoret after which I returned home . I later moved to Kisumu and started a tailoring business and at the same time enrolled for a 1 year certificate course in garment design at Ramogi Institute of technology in Kisumu and obtained a certificate . I later became sick and could no longer continue with the tailoring business.
I started the briquette business in 2014 and look forward to growing the business to a level that I will generate income that is adequate to support my family by and make us live an admirable and dignified life.
My Business
Ukuru briquette enterprises was started in 2013.The business deals in production and selling of quality charcoal briquettes Kisumu. The business sells to local hotels and urban households with Kisumu city. The business faces the challenge of low production due to the crude equipment used for production. The business also faces inadequate production space and at times wet weather conditions halt the production process. I need to scale up production so as to lower the costs. Scaling up of production requires additional working capital for buying raw materials and equipment. Access to capital is also is not easy due to lack of collateral, a key requirement to get financial support from financial institutions.
Loan Proposal
The loan will be used as capital for buying additional raw materials(charcoal dust, binder and poly sacks for packaging finished products) at a cost of $120. Because of the increased number of units traded, I will be able to serve more customers from which I expect to generate additional income of at least 15,000 a month.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$122.00
Date disbursed
Jan 2, 2017
Repayment status
On Time
Projected term
28 months
Other loans
Lenders
Østre Gausdal, Norway
Helsinki, Finland
United States
Eindhoven, Netherlands
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$122.31
Amount remaining
$0.00
Date repaid
Feb 28, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 15, 2017 | $1.01 | Jan 18, 2017 | $1.01 |
| Jan 22, 2017 | $0.00 | ||
| Jan 29, 2017 | $1.01 | Feb 4, 2017 | $1.01 |
| Feb 5, 2017 | $1.01 | Feb 4, 2017 | $1.01 |
| Feb 12, 2017 | $1.01 | Feb 14, 2017 | $1.01 |
| Feb 19, 2017 | $1.01 | Feb 21, 2017 | $1.01 |
| Feb 26, 2017 | $1.01 | Feb 26, 2017 | $1.01 |
| Mar 5, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Mar 12, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Mar 19, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Mar 26, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 2, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 9, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 16, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 23, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 30, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| May 7, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| May 14, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| May 21, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| May 28, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Jun 4, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Jun 11, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Jun 18, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Jun 25, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Jul 2, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Jul 9, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Jul 16, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Jul 23, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Jul 30, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Aug 6, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Aug 13, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Aug 20, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Aug 27, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Sep 3, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Sep 10, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Sep 17, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Sep 24, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Oct 1, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Oct 8, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Oct 15, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Oct 22, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Oct 29, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Nov 5, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Nov 12, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Nov 19, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Nov 26, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Dec 3, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Dec 10, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Dec 17, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Dec 24, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Dec 31, 2017 | $1.01 | Feb 28, 2017 | $1.01 |
| Jan 7, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Jan 14, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Jan 21, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Jan 28, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Feb 4, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Feb 11, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Feb 18, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Feb 25, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Mar 4, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Mar 11, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Mar 18, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Mar 25, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 1, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 8, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 15, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 22, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 29, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| May 6, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| May 13, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| May 20, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| May 27, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Jun 3, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Jun 10, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Jun 17, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Jun 24, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Jul 1, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Jul 8, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Jul 15, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Jul 22, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Jul 29, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Aug 5, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Aug 12, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Aug 19, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Aug 26, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Sep 2, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Sep 9, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Sep 16, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Sep 23, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Sep 30, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Oct 7, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Oct 14, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Oct 21, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Oct 28, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Nov 4, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Nov 11, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Nov 18, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Nov 25, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Dec 2, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Dec 9, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Dec 16, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Dec 23, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Dec 30, 2018 | $1.01 | Feb 28, 2017 | $1.01 |
| Jan 6, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Jan 13, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Jan 20, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Jan 27, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Feb 3, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Feb 10, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Feb 17, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Feb 24, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Mar 3, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Mar 10, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Mar 17, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Mar 24, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Mar 31, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 7, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 14, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 21, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| Apr 28, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| May 5, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| May 12, 2019 | $1.01 | Feb 28, 2017 | $1.01 |
| May 19, 2019 | $0.42 | Feb 28, 2017 | $0.42 |
Margaret Jul 7, 2018
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