To purchase a mobile concrete mixer
Jabez
Nairobi, Kenya
$0 to go
100% funded of $14 goal
0
days left
Entrepreneur
Name
Jabez
Member since
April 2018
On-time repayments
3 installments • 33%
About Me
My name is Jabes Otieno Olale. I am a Kenyan Citizen cum entrepreneur. I am an civil engineering graduate who intends to make a difference not only in my own life but in those of others. My dream is to own a fully fledged construction company come someday.
My Business
Currently, I own a few construction equipment which I hire out to builders at a fee. Currently, I have two concrete vibrators and one plate compactor.
Loan Proposal
I am a civil engineering graduate. I never got an employment opportunity when I left college. I tried to look for one but the opportunity never came. So, I decided to be an entrepreneur contractor leasing out small-scale construction equipment to small-scale contractors in Nairobi at a fee of 1500 per day per every machine. The business has been good. Currently I have some vibrators and plate compactors for hire. But for now, I want to purchase a mobile concrete mixer at a cost of USD $1000.
Buying this equipment will not just boost my earning capacity y at least 30%, but will also employ one or two gentlemen who will operate the machine at various sites on my behalf. Apparently, this mixer is in high demand since not so many small-scale contractors in the city possess it even though they are in need of it.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$14.00
Date disbursed
Oct 18, 2018
Repayment status
Late
Projected term
2 weeks
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