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.
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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
Other loans
Lenders
United States
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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BernadetteV Jun 14, 2017
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