Purchase Supplies to Make Briquettes
Daniel
Magongo Kasarani, Kenya
100% repaid
Entrepreneur
Name
Daniel
Member since
February 2014
On-time repayments
274 installments • 14%
About Me
Am a Kenyan citizen, l was born, raised in Mombasa. Am second born in a family of 4 children and am the second born and only boy. where l live l have stayed for 5years,its a quite place hence l have decided to stay that long my education level is college education, l started supplies business, because l like been self employed, the earnings l will get from the loan l will boost my ability to supply more companies and big quantities because that the main challenge l have now.l do some supply to well known companies like farmers choice, which makes pork meat,sausages, etc, hence making people happy in terms of food, l also supply maize to NGO's which are contracted to supply it to hunger stricken
areas, hence l believe a play a big role in eradicating hunger to our beloved country. l promise to repay it so that l can qualify for bigger loans in the near future. And make myself financial stable to meet bigger orders.
My Business
My business is for supplying different type of commodities like maize, beans, fodder, copra cake, photocopy papers etc, l do supply to different companies which they do ask for bigger quantities which sometimes my financial capability lets me down, my clients likes my services because am efficient and my prices are competitive, the loan will make me add my supply capacity hence making more money and repay quickly, am normally paid 10 working days after delivery the goods. per order the least amount l can make as profit is 10 thousand shillings, l believe in starting small with the amount given as l grow big, and make my lenders happy.
Loan Proposal
Hope all of you are well my lenders, my plan is to buy a briquette making machine, of which l will be manufacturing the charcoals which, l will be selling to the local community as the charcoal burns for long hours, friendly to the environment and cheap price. The machine costs 15,000kshs and it can produce 10bags a day each bag weighing 50kgs and selling a kg at 20kshs. As l proceed my target is a bigger machine able to produce 2tonnes a day.
Materials l will use are maize cobs, maize stocks, sawdust, sands, cassava peelings etc.
Please help me to achieve my dreams.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$174.00
Date disbursed
Feb 19, 2015
Repayment status
On Time
Projected term
11 months
Other loans
Lenders
Ask Daniel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$186.43
Amount remaining
$0.00
Date repaid
Feb 2, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 1, 2015 | $25.13 | Mar 9, 2015 | $25.13 |
| Mar 8, 2015 | $0.42 | Mar 9, 2015 | $0.42 |
| Mar 15, 2015 | $11.11 | Mar 24, 2015 | $11.11 |
| Mar 22, 2015 | $5.56 | Mar 24, 2015 | $5.56 |
| Mar 29, 2015 | $0.00 | ||
| Apr 5, 2015 | $0.00 | ||
| Apr 12, 2015 | $8.89 | Apr 28, 2015 | $8.89 |
| Apr 19, 2015 | $8.89 | Apr 28, 2015 | $8.89 |
| Apr 26, 2015 | $8.89 | Apr 28, 2015 | $8.89 |
| May 3, 2015 | $0.00 | ||
| May 10, 2015 | $22.22 | May 9, 2015 | $22.22 |
| May 17, 2015 | $0.00 | ||
| May 24, 2015 | $0.00 | ||
| May 31, 2015 | $1.11 | Jul 1, 2015 | $1.11 |
| Jun 7, 2015 | $0.00 | ||
| Jun 14, 2015 | $0.00 | ||
| Jun 21, 2015 | $0.00 | ||
| Jun 28, 2015 | $0.00 | ||
| Jul 5, 2015 | $11.11 | Jul 13, 2015 | $11.11 |
| Jul 12, 2015 | $11.11 | Jul 25, 2015 | $11.11 |
| Jul 19, 2015 | $0.00 | ||
| Jul 26, 2015 | $0.00 | ||
| Aug 2, 2015 | $10.00 | Aug 17, 2015 | $4.44 |
| Aug 31, 2015 | $5.56 | ||
| Aug 9, 2015 | $0.00 | ||
| Aug 16, 2015 | $0.00 | ||
| Aug 23, 2015 | $0.00 | ||
| Aug 30, 2015 | $0.00 | ||
| Sep 6, 2015 | $5.00 | Sep 26, 2015 | $5.00 |
| Sep 13, 2015 | $0.00 | ||
| Sep 20, 2015 | $0.00 | ||
| Sep 27, 2015 | $0.00 | ||
| Oct 4, 2015 | $0.00 | ||
| Oct 11, 2015 | $0.00 | ||
| Oct 18, 2015 | $5.56 | Oct 14, 2015 | $2.22 |
| Oct 18, 2015 | $3.33 | ||
| Oct 25, 2015 | $0.00 | ||
| Nov 1, 2015 | $3.33 | Oct 31, 2015 | $3.33 |
| Nov 8, 2015 | $0.00 | ||
| Nov 15, 2015 | $5.56 | Nov 16, 2015 | $2.22 |
| Nov 23, 2015 | $3.33 | ||
| Nov 22, 2015 | $2.22 | Nov 23, 2015 | $2.22 |
| Nov 29, 2015 | $0.00 | ||
| Dec 6, 2015 | $11.11 | Nov 30, 2015 | $11.11 |
| Dec 13, 2015 | $5.56 | Nov 30, 2015 | $5.56 |
| Dec 20, 2015 | $8.89 | Dec 19, 2015 | $8.89 |
| Dec 27, 2015 | $1.11 | Dec 28, 2015 | $1.11 |
| Jan 3, 2016 | $0.00 | ||
| Jan 10, 2016 | $0.56 | Jan 11, 2016 | $0.56 |
| Jan 17, 2016 | $2.56 | Jan 17, 2016 | $2.56 |
| Jan 24, 2016 | $0.00 | ||
| Jan 31, 2016 | $10.54 | Feb 2, 2016 | $10.54 |
Loading...