Timber transportation

Erick

Embakasi, Kenya

100% repaid

Entrepreneur

Name

Erick

Member since

August 2017

On-time repayments

50 installments  •  66%

About Me

Am Erick Simiyu Nabangi. I reside from kenya and besides being employed I engage in agribusiness where I plant cash crops and rear dairy animals

My Business

I am employed by Kenya Power and that is where I got my capital to start my business. I plant maize mainly for sale and that where one of my revenue comes from. I also rear dairy cows for milk. This is the second source of my sales.

Loan Proposal

I run a small timber yard where I do retailing of timber. There was a road expansion project in my rural home and this led to felling of many trees that were on the road reserve. I bought these trees and managed to cut timber out of them. I have timber of about 3 tonnes but I don't have a means of transport to take it to the timber yard. I believe that a grant of this loan will go a long way in helping me transport this timber to the yard for sale.

Feedback

2

None

None

  • Dion L    Jan 4, 2019

    The process was easy and I look forward to seeing how my assistance helps Erick as he begins buying logs and baking his bricks.

    Log in to reply • Share
  • J    Sep 16, 2018

    Neat in time repayments

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$36.00

Date disbursed

Sep 24, 2018

Repayment status

On Time

Projected term

4 weeks

Lenders

RS

Ralph Smyth

United Kingdom

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