Leasing land to cut stone for building homes
Simeon
Narok, Kenya
100% repaid
Entrepreneur
Name
Simeon
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 ,I will lease an eighth acre of land in Narok for Quarry mining at 200 Us dollars.
This will make me have more workers at the site hence will give me more profit or double profit I get now.
I expect my Business to increase by 100%therefore it is A great benefit to me and even to to those woks as laborers at the site .
Thank you so much in advance for considering again and your wise decision.
God bless Zidisha.
Yours Simeon Anditi.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$190.00
Date disbursed
Jul 6, 2015
Repayment status
On Time
Projected term
4 months
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Summary
Amount repaid
$198.54
Amount remaining
$0.00
Date repaid
Oct 26, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 19, 2015 | $10.44 | Jul 19, 2015 | $10.44 |
| Jul 26, 2015 | $10.44 | Jul 26, 2015 | $10.44 |
| Aug 2, 2015 | $10.44 | Aug 2, 2015 | $10.44 |
| Aug 9, 2015 | $10.44 | Aug 9, 2015 | $10.44 |
| Aug 16, 2015 | $10.44 | Aug 16, 2015 | $10.44 |
| Aug 23, 2015 | $10.44 | Aug 23, 2015 | $10.44 |
| Aug 30, 2015 | $10.44 | Aug 30, 2015 | $10.44 |
| Sep 6, 2015 | $10.44 | Sep 6, 2015 | $10.44 |
| Sep 13, 2015 | $10.44 | Sep 13, 2015 | $10.44 |
| Sep 20, 2015 | $10.44 | Sep 20, 2015 | $10.44 |
| Sep 27, 2015 | $10.44 | Sep 27, 2015 | $10.44 |
| Oct 4, 2015 | $10.44 | Oct 4, 2015 | $10.44 |
| Oct 11, 2015 | $10.44 | Oct 11, 2015 | $10.44 |
| Oct 18, 2015 | $10.44 | Oct 18, 2015 | $10.44 |
| Oct 25, 2015 | $10.44 | Oct 25, 2015 | $10.44 |
| Nov 1, 2015 | $10.44 | Oct 26, 2015 | $10.44 |
| Nov 8, 2015 | $10.44 | Oct 26, 2015 | $10.44 |
| Nov 15, 2015 | $10.44 | Oct 26, 2015 | $10.44 |
| Nov 22, 2015 | $10.56 | Oct 26, 2015 | $10.56 |
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