Nelson

Nairobi City, Githurai Progessive Village, Kenya

100% repaid

Entrepreneur

Name

Nelson

Member since

March 2013

On-time repayments

40 installments  •  28%

About Me

I am married and blessed with two children who are in primary school in the community. My wife operates a beauty shop.

I have successfully completed my high school education then acquired vocational training training on waste management.

I run a waste management business whereby I collect , sort and recycle the household waste on daily basis.

My proceeds is used for the upkeep and savings to expand the business to accommodate high demand of customers hence in the long run I will create employment for more local young people.

My Business

My business is located in Githurai Progressive hence it involves collecting, sorting and recycling household waste on daily basis.

I am the only provider of waste management services in the community hence high demand but to ensure customer's demand is satisfied, I provide them with garbage paper bags and also ensure good relationship with the customers.

My business faces challenge of sorting & recycling thus I intend to expand the above activities to ensure customer's satisfaction is meet.

My monthly average revenue is approximately Kshs 90 000 and the average monthly cost is Kshs 77 000 hence my monthly average profit is approximately Kshs 13 000.

Loan Proposal

My business involves solid waste management hence I intend to expand to make the customers demand thus I will use the loan to purchase the cutting machine worth Kshs 5000 and the balance I will use to purchase new weighing machine to use to weigh the solid waste before cutting the solid waste. The solid waste which is cut will be used to make various items like toys, pegs and other items which are marketable. I wish to request you to consider supporting this project because I will be in position to meet the customers demand and also keep our community clean. Thanks for considering to invest in my business and I will ensure to repay the loan on time to enable other local people benefit.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.00

Date disbursed

Sep 10, 2013

Repayment status

On Time

Projected term

11 months

Other loans

Lenders

Hope2012

United Kingdom

N

nullologue

Boston, United States

V

vaglio

Vaglio, Switzerland

SeeMeeFi

Ontario, Canada

M

mhalme

Uusimaa, Finland

camilberlin

Berlin, Germany

smores

Loveland, United States

Ask Nelson a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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