Waste paper industry

Linda

Nairobi, Kenya

43% repaid

Entrepreneur

Name

Linda

Member since

January 2015

On-time repayments

159 installments  •  21%

About Me

My name is Linda, a proud mother of one son. I hold a certificate in early childhood education and work as a teacher at Lily Kindergarten. This has been my passion and hobby is to be with young children. I remember when growing up, my mother used to have problems with me by either coming home with a big number of friends for lunch without prior notice or taking stuff like clothes and food to friends without the knowledge of my parents.
While dealing with the kids at school, i discovered that a lot of waste is generated especially from worn out books and other learning aid materials. In previous years we used to burn the papers but eventually after learning that this papers can be collected, sorted then sold, my small business was good to go.

My Business

I collect waste papers, boxes, magazines, book and newspapers which in turn i sell to the paper recycling industry who eventually process the back to toilet paper. Most kids in my neighborhood call me "mama makaratasi" a swahili name meaning mother of papers. I get my supplies from neighbors, schools, stationary shops and sometimes i walk from house to house to buy old newspapers (which are the best and easy to resell) within the estates in my region.
I buy one Kilogram of papers at USD 0.16 and sell them to the recycling industries at USD 0.26 per kilogram. I have used the profit to reinvest in the business and to facilitate my home expenses and look forward to expand and start saving for my son's education expenses.

Loan Proposal

Currently i have a capital base of between USD 27, but i wish to increase my capital in order to maximize the profits by being able to increase the current waste paper stock that i supply to the industries from 150 kilograms to 500 kilograms in a month
This business has really improved my life and has minimal competition, it also helps the community to keep the environment clean and hence we have a healthy living.
When my loan will be funded am looking forward to making 100% on the returns within a short time.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 21, 2015

Repayment status

Late

Projected term

37 months

Lenders

P

phangsang

Seattle, United States

Hope2012

United Kingdom

DeanDropshot

Oslo, Norway

D

Dadiolafs

Vestmannaeyjar, Iceland

M

mkellerman

Shanghai, China

Lambie

Perth, Australia

G

GanSatya

United States

T

thebonseung

Republic of Korea

O

oonbug

United States

pvilliger

Zurich, Switzerland

Pankratio

EastVan, Canada

KM

Kirsty M

United Kingdom

DR

Daniel R

Berlin, Germany

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Summary

Amount repaid

$62.81

Amount remaining

$82.78

Expected completion

Feb 25, 2018

Status

Repaying late

Installment amount

$1.12

Repayment History

Expected Payments Actual Payments
Feb 1, 2015 $2.12 Feb 2, 2015 $2.12
Feb 8, 2015 $2.12 Feb 8, 2015 $2.12
Feb 15, 2015 $2.12 Feb 20, 2015 $2.12
Feb 22, 2015 $2.12 Feb 28, 2015 $2.12
Mar 1, 2015 $2.12 Mar 1, 2015 $2.12
Mar 8, 2015 $2.12 Mar 14, 2015 $2.12
Mar 15, 2015 $2.12 Mar 30, 2015 $2.12
Mar 22, 2015 $2.12 Mar 30, 2015 $2.12
Mar 29, 2015 $2.12 Apr 1, 2015 $2.12
Apr 5, 2015 $2.12 Apr 1, 2015 $2.12
Apr 12, 2015 $0.00
Apr 19, 2015 $0.00
Apr 26, 2015 $0.00
May 3, 2015 $1.12 May 8, 2015 $1.12
May 10, 2015 $1.12 May 8, 2015 $1.12
May 17, 2015 $1.12 May 8, 2015 $1.12
May 24, 2015 $1.12 May 8, 2015 $1.12
May 31, 2015 $1.12 May 8, 2015 $1.12
Jun 7, 2015 $0.00
Jun 14, 2015 $0.00
Jun 21, 2015 $0.00
Jun 28, 2015 $0.00
Jul 5, 2015 $0.00
Jul 12, 2015 $1.12 Jul 17, 2015 $1.12
Jul 19, 2015 $1.12 Jul 17, 2015 $1.12
Jul 26, 2015 $1.12 Aug 8, 2015 $1.12
Aug 2, 2015 $1.12 Aug 8, 2015 $1.12
Aug 9, 2015 $1.12 Aug 8, 2015 $1.12
Aug 16, 2015 $1.12 Sep 1, 2015 $1.12
Aug 23, 2015 $1.12 Sep 1, 2015 $1.12
Aug 30, 2015 $1.12 Sep 1, 2015 $1.12
Sep 6, 2015 $1.12 Sep 14, 2015 $1.12
Sep 13, 2015 $1.12 Sep 14, 2015 $1.12
Sep 20, 2015 $1.12 Sep 14, 2015 $1.12
Sep 27, 2015 $1.12 Oct 8, 2015 $1.12
Oct 4, 2015 $1.12 Oct 8, 2015 $1.12
Oct 11, 2015 $1.12 Oct 25, 2015 $1.12
Oct 18, 2015 $1.12 Oct 25, 2015 $1.12
Oct 25, 2015 $1.12 Nov 10, 2015 $1.12
Nov 1, 2015 $1.12 Nov 10, 2015 $1.12
Nov 8, 2015 $1.12 Dec 8, 2015 $1.12
Nov 15, 2015 $0.00
Nov 22, 2015 $0.00
Nov 29, 2015 $0.00
Dec 6, 2015 $0.00
Dec 13, 2015 $0.00
Dec 20, 2015 $0.00
Dec 27, 2015 $1.12 Dec 24, 2015 $1.12
Jan 3, 2016 $1.12 Dec 24, 2015 $1.12
Jan 10, 2016 $1.12 Dec 24, 2015 $1.12
Jan 17, 2016 $1.12 Jan 27, 2016 $1.12
Jan 24, 2016 $1.12 Jan 27, 2016 $1.12
Jan 31, 2016 $0.00
Feb 7, 2016 $0.00
Feb 14, 2016 $1.12 Feb 15, 2016 $1.12
Feb 21, 2016 $1.12 Feb 15, 2016 $1.12
Feb 28, 2016 $0.00
Mar 6, 2016 $0.00
Mar 13, 2016 $0.00
Mar 20, 2016 $1.12 Apr 5, 2016 $1.12
Mar 27, 2016 $0.00
Apr 3, 2016 $0.00
Apr 10, 2016 $0.00
Apr 17, 2016 $0.00
Apr 24, 2016 $0.00
May 1, 2016 $1.12 Jun 1, 2016 $1.12
May 8, 2016 $1.12 Jun 1, 2016 $1.12
May 15, 2016 $0.00
May 22, 2016 $0.00
May 29, 2016 $0.00
Jun 5, 2016 $0.00
Jun 12, 2016 $0.00
Jun 19, 2016 $1.12 Aug 9, 2016 $1.12
Jun 26, 2016 $0.00
Jul 3, 2016 $0.00
Jul 10, 2016 $0.00
Jul 17, 2016 $0.00
Jul 24, 2016 $0.00
Jul 31, 2016 $0.00
Aug 7, 2016 $0.00
Aug 14, 2016 $1.12 Oct 1, 2016 $1.12
Aug 21, 2016 $1.12 Oct 1, 2016 $1.12
Aug 28, 2016 $1.12 Oct 1, 2016 $1.12
Sep 4, 2016 $0.00
Sep 11, 2016 $0.00
Sep 18, 2016 $0.00
Sep 25, 2016 $0.00
Oct 2, 2016 $0.00
Oct 9, 2016 $1.12
Oct 16, 2016 $1.12
Oct 23, 2016 $1.12
Oct 30, 2016 $1.12
Nov 6, 2016 $1.12
Nov 13, 2016 $1.12
Nov 20, 2016 $1.12
Nov 27, 2016 $1.12
Dec 4, 2016 $1.12
Dec 11, 2016 $1.12
Dec 18, 2016 $1.12
Dec 25, 2016 $1.12
Jan 1, 2017 $1.12
Jan 8, 2017 $1.12
Jan 15, 2017 $1.12
Jan 22, 2017 $1.12
Jan 29, 2017 $1.12
Feb 5, 2017 $1.12
Feb 12, 2017 $1.12
Feb 19, 2017 $1.12
Feb 26, 2017 $1.12
Mar 5, 2017 $1.12
Mar 12, 2017 $1.12
Mar 19, 2017 $1.12
Mar 26, 2017 $1.12
Apr 2, 2017 $1.12
Apr 9, 2017 $1.12
Apr 16, 2017 $1.12
Apr 23, 2017 $1.12
Apr 30, 2017 $1.12
May 7, 2017 $1.12
May 14, 2017 $1.12
May 21, 2017 $1.12
May 28, 2017 $1.12
Jun 4, 2017 $1.12
Jun 11, 2017 $1.12
Jun 18, 2017 $1.12
Jun 25, 2017 $1.12
Jul 2, 2017 $1.12
Jul 9, 2017 $1.12
Jul 16, 2017 $1.12
Jul 23, 2017 $1.12
Jul 30, 2017 $1.12
Aug 6, 2017 $1.12
Aug 13, 2017 $1.12
Aug 20, 2017 $1.12
Aug 27, 2017 $1.12
Sep 3, 2017 $1.12
Sep 10, 2017 $1.12
Sep 17, 2017 $1.12
Sep 24, 2017 $1.12
Oct 1, 2017 $1.12
Oct 8, 2017 $1.12
Oct 15, 2017 $1.12
Oct 22, 2017 $1.12
Oct 29, 2017 $1.12
Nov 5, 2017 $1.12
Nov 12, 2017 $1.12
Nov 19, 2017 $1.12
Nov 26, 2017 $1.12
Dec 3, 2017 $1.12
Dec 10, 2017 $1.12
Dec 17, 2017 $1.12
Dec 24, 2017 $1.12
Dec 31, 2017 $1.12
Jan 7, 2018 $1.12
Jan 14, 2018 $1.12
Jan 21, 2018 $1.12
Jan 28, 2018 $1.12
Feb 4, 2018 $1.12
Feb 11, 2018 $1.12
Feb 18, 2018 $1.12
Feb 25, 2018 $1.88

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