Recycling plastics

Kevin Ajala

Kisumu, Kenya

Funds disbursed

$0 to go

100% funded of $66 goal

0

days left

Entrepreneur

Name

Kevin Ajala

Location

Kisumu, Kenya

On-time repayments

5 weekly installments  •  80%

About Me

My name is Kevin Ajala a Kenyan citizen by birth though still young, having undergone several rough hard times in my childhood life, results of continuous desire of diving into the business field drove me into it. Not a bad debtor as long as my concern is reviewed,an entrepreneur goal oriented and we'll disciplined in cases of money and financial matters and that's why my business is even steadily shooting up.

My Business

This is a locally derived business but internationally recognized as it also ensures maximized environmental conservation. This is an underated business but deep inside great profits lie at least risk taken. Starting from basic foundation,the business concerns plastic recycling into usable materials like household items where the used plastics are picked then brought to me in a local centre at utmost ten Kenyan shillings per kilogram but at the regional center one kilogram is taken at thirty shillings hence there is hundred and fifty percent profit when taken in bulks like four tonnes that can bring close to 200%.

Project Proposal

The business is currently stabalized in terms of stock taking with no margins in retail works so the funds are to be employed into improving the stock so that the rate at which stock is absorbed is in no way limited by the capital to enhance smooth running of the business. This will also work on the expansion of the business intakes to increase the amount of goods absorbed hence maximizing the return profits.

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$66.52

Date disbursed

Sep 12, 2021

Cost to entrepreneur

Service fee: 5% of $66.52 = $3.32

Backers

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Summary

Amount repaid

$0.00

Amount remaining

$66.52

Expected completion

Sep 25, 2021

Status

Repaying late

Installment amount

$66.52

Repayment History

Expected Payments Actual Payments
Sep 25, 2021 $66.52

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