Cutting stone blocks for building homes

Simeon Anditi

Narok, Kenya

44% repaid

Entrepreneur

Name

Simeon Anditi

Member since

February 2015

On-time repayments

221 installments  •  44%

About Me

I am 49 years old ,the first born of a family of seven siblings.Iam married to one wife named Catherine Oyier and God has blessed us with five children.I went to Nyadolo primary school 1976-1984 then Wangatal secondar school 1985-1988,then I joined Mawego Technical college in 1989-1991 ,I didi building and construction and now I deal with building stones from quary and supplies to buiding sites

My Business

I started the business of hiring quarry from the land owners and cutting the stones three years ago with a capital of ksh.100,000.the business has grown up to ksh.300,000 in capital .The challenges I face in the business is high cost of hiring unskilled workers and high cost of transport of stones to the building sites for customers.
What makes me succeed in these business is that I am a professional stone cutter,therefore my stones are of good quality thus high demand and also to add on that I am faithful to customers.Iam also present through the year i.e Iam always their for them

Loan Proposal

If I am given this loan amount then I will lease a quarter an acre of land for quarry mine Business at a cost of 370 Us Dollars.
This will benefit many people in that I will now employ 4 more worker in my quarry mine and field.
This will also benefit my customers because I will be able to supply them with building stone at any time they need them.
This also will benefit me because I will get more profit in this Business.
I expect to get 50% increase in my Business if this is implemented .

Feedback

3

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$387.13

Date disbursed

Nov 7, 2015

Repayment status

Late

Projected term

44 months

Cost to entrepreneur

Service fee: $16.08

Lenders

R

Raabo

Rungsted, Denmark

A

andyfletcher

I want my "My loans" page back, Qatar

J

Jessica

Patagonia, Argentina

H

hilde

seattle, United States

WormaldTSG

Rydalmere, Australia

ads68

Melbourne, Australia

P

Prysdahl

Marshall, United States

S

Scodeb123

Huntsville, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

soniad

Dubai, United Arab Emirates

mhooper1962

London, United Kingdom

V

Vivek

Arlington, VA, United States

RW

Roger Wang

United States

PR

Paul Rausch

United States

John Minges

United States

N

Nick

United States

Akirahugo

Dortmund, Germany

wissam

Jeddah, Saudi Arabia

Douglas St Quintin

Sydney, Australia

Arnaud M

Sydney, Australia

MC

United States

M

Mike

Netherlands

Anonymous

Ocoee, United States

Nick

Manchester, United Kingdom

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