Transporting poles

Kipngetich

Kericho, Kenya

100% repaid

Entrepreneur

Name

Kipngetich

Member since

October 2015

On-time repayments

31 installments  •  81%

About Me

Am Bernard Langat from Kenya and am 36 years old and I do deal in raw power line poles and exporting to Uganda and treated power line poles .Am also exporting to uganda.
Am from humble background whereby you struggle to get and not being given on a sliverplate,my parents taught us especially me a hard work and to work so that you get.
I went to school with a lot of challenges,my primary school was 5 miles away from home and it was two meals per day because I couldn't be covering that 5 miles to come for lunch.my secondary schooling also was being marred by challenges of school fees also I managed to pass my primary class 8 successful despite the challenges and enrolled in secondary but also with a lot of challenges of school fees but I managed to clear through the able hand of God.After my o-level I proceeded to Uganda for my university and finished successfully.
After that I got a job and later quite due to poor conditions of work and join business which and greatly in but the big problem is capital also.
As am seeking this funds to help in pushing my capital.

My Business

I do deal in raw poles for power line transmission,it's a very profitable business.I do use some of the profit to pay for my resendental rent,my diploma course in accounts and sales and marketing,also my wife bachelors degree and my daughter's pre sc
hool.
Also part of the proceeds will use add stock and clear some permits as am crossing Uganda.

Loan Proposal

Transporting poles to uganda because to transport 80 poles needs 220 dollars and I still requesting more to help me in purchasing raw poles but the current loan help me to pay legal fees before entering Uganda.Its making a great benefit to me and my family for paying school fees for the smooth runing of learning without interruption of learning due to feed problems.It also helps my workers in increase wages so that to gather for their family needs.
Am expecting 50% profit increase because my goods are arriving the destination faster than before because I used to get stack for some weeks before the items are because I was looking for money to gather for legal fees and movement permits.

Feedback

1

None

None

  • BernadetteV    Jun 14, 2017

    Loan repaid after a week instead of a month.
    Wishing you all the very best.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$18.00

Date disbursed

Jun 7, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

B

beckynagel

United States

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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