Environmentally friendly biomass fuel briquette machine

Evans

Nairobi, Saika/omega, Kenya

100% repaid

Entrepreneur

Name

Evans

Member since

March 2014

On-time repayments

255 installments  •  25%

About Me

I am Evans Mose, Married and have 2 sons. I live Nairobi Saika - Omega along Kangundo road.
I am born again Christian with strong regular standing and member of Njiru FGCK.
I manufacturer Briquettes and Briquette Making Machines.
I intend to increase my production so that demand for Briquettes use in Nairobi residents increase and so cut costs of fuel usage in households hence save for other uses.
My Mission is to promote sustainable human development and preserve our environment through the integration of technology innovation and management.

My Business

My business is about Briquette making and Briquette making machines. This is a business that has potential to grow given the high costs of procuring fuel for low income earners in Nairobi residents.
I receive overwhelming demand from Briquette users each day but capacity to produce is limited.
Our briquettes are cheap and smokeless, burn for long hours, they are carbon free. More often those who have used them before come for more. They cut costs of purchasing paraffin that most people use for cooking and also discourage use of Charcoal from wood that often cost our environment in terms of deforestation and as well have alot of carbon in them.
With briquettes, you no longer need to use wood as fuel.
Our biomass briquettes are currently being used by families and communities in over 5 Estates in Nairobi and we intend to make them available in major supermarkets, nationwide. In other places, our briquettes are sold in the open market as a less expensive alternative to fuelwood. Briquette projects provide employment , especially to women, while saving the environment

Loan Proposal

Thanks alot lenders for the previous loan. It assisted me so much and increased my production threefold. I am hereby placing my next and second loan that will assist me purchase a Briquette Making Machine. The machine costs 292.556USD, now that i have enough savings from my previous sales, i now need 150USD to add on to my savings to enable me purchase a Briquette Making machine. Once i get the Machine, it will assist me increase dairy production to 2,000 pieces per day hence sales increase. With the Machine in my possession, lenders can be rest assured that the loan will be repaid with ease.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 22, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

EricDWalters

Rochester, Mn, Usa, United States

Moyeji

Australia

M

Mårten

Inden, Switzerland

ads68

Melbourne, Australia

O

osterqvist

Linköping, Sweden

DocHolliday

Legend, United States

D

Daisy

Netherlands

M

Myrimodon

United States

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