Scrap metal the new frontier to solve unemployment

Dennis

Mombasa, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Dennis

Member since

March 2017

On-time repayments

22 installments • 14%

About Me

I do deal with scrap metal business in Mombasa county.I do recycling of plastics containers.
Currently I have employed 12employess who help me in running of my business. Currently I plan to build a water plant to sell bottled water in Mombasa county.
My projection by 2020 is to have a Small factory with branches in Mombasa and Nairobi county with a projection of making 30m profit per month.

My Business

My business generates an income of ksh50000 and above per month.I do the rent am running my business per month I pay ksh20000.
My products I deal with are copper kh470
brass ksh400
Aluminum ksh300
I do offer light transport in Mombasa and Kilifi county ...
The business has employed a number of Youth directly and indirectly with a projection of supporting 20+ employees by end of this month.
If I find a serious investors we work with am sure we will win it.

Loan Proposal

I will use the loan to boast my business capital and enhance my business growth.Currently I'll update my business operations to be at par with the trending technology.The loan will be used to working capital to expedite on my business operations. Once I receive the loan,it will buy more steel so as I sell it at competitive prices for profit. I guarantee Zidisha team and my Loanee that I will pay my loan on time