Making 10,000 brick for sale

Koi

Mariakani, Kenya

Funds disbursed

$0 to go

100% funded of $473 goal

0

days left

Entrepreneur

Name

Koi

Member since

March 2017

On-time repayments

53 installments  •  62%

About Me

My name is Koi. I am a young man who live In Maiakani Kenya. I just completed my high school education and am now working on contract basis. In Mariakani the community does not have one some source of livelihood. People have diversified their economy. This has brought the agglomeration economies. People are coming from different places to come and invest in the place and this has created job opportunities in the place.

My Business

I do small businesses when my contract is over. Am skilled in making bricks and i like doing it. This is a job that i do when I get orders. Sine many people are coming in the area to start their businesses there is high demand of the local bricks which are cheap for them to build structures where they can start their business. That is why I take this opportunity to make many bricks to sale them locally.

Loan Proposal

First and foremost I thank you for the loans that you previously gave me. They really helped me. They really helped me and made a difference. I would also like to use this loan to help me improve on my business of bricks making. I will hire 4 personnel @ $20. Cost of production per brick is Ksh 3 which translate to Ksh 30,000 and sell them at Ksh 10 each. This will earn me at least 40% profit.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$473.00

Date disbursed

Mar 16, 2019

Repayment status

Late

Projected term

6 weeks

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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