Name
Nelson
Member since
March 2013
On-time repayments
40 installments • 28%
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 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.
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.
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$99.00
Date disbursed
Sep 10, 2013
Repayment status
On Time
Projected term
11 months
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Amount repaid
$104.59
Amount remaining
$0.00
Date repaid
Aug 12, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Oct 13, 2013 | $9.51 | Oct 15, 2013 | $9.51 |
Nov 12, 2013 | $9.51 | Oct 15, 2013 | $1.99 |
Nov 12, 2013 | $7.52 | ||
Dec 12, 2013 | $9.51 | Nov 12, 2013 | $3.98 |
Dec 16, 2013 | $5.53 | ||
Jan 12, 2014 | $9.51 | Dec 16, 2013 | $5.39 |
Jan 11, 2014 | $4.11 | ||
Feb 12, 2014 | $9.51 | Jan 11, 2014 | $2.78 |
Jan 12, 2014 | $4.60 | ||
Feb 9, 2014 | $2.13 | ||
Mar 13, 2014 | $9.51 | Feb 9, 2014 | $7.07 |
Mar 11, 2014 | $2.44 | ||
Apr 13, 2014 | $9.51 | Mar 11, 2014 | $3.31 |
Apr 16, 2014 | $4.60 | ||
May 6, 2014 | $1.60 | ||
May 13, 2014 | $9.51 | May 6, 2014 | $6.45 |
Jun 12, 2014 | $3.06 | ||
Jun 13, 2014 | $9.51 | Jun 12, 2014 | $9.51 |
Jul 13, 2014 | $9.51 | Jun 12, 2014 | $0.08 |
Jul 12, 2014 | $9.43 | ||
Aug 13, 2014 | $9.51 | Jul 12, 2014 | $2.07 |
Aug 9, 2014 | $7.44 |
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