Kevin
Kisumu, Kenya
100% repaid
Name
Kevin
Member since
August 2021
On-time repayments
5 installments • 80%
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.
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%.
The funds to be raised are at most needed by the small business like my mine that fully depend on the input amount being directly proportional to the output in that to increase my profits I only need to strengthen my capital which will raise the goods I take before supplying to the chief collection center. The funds are to therefore be used increase the goods I take before selling off thus there will be bulk supply.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$13.00
Date disbursed
Aug 18, 2021
Repayment status
On Time
Projected term
2 weeks
Other loans
Amount repaid
$13.86
Amount remaining
$0.00
Date repaid
Aug 22, 2021
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 25, 2021 | $6.93 | Aug 22, 2021 | $6.93 |
Sep 1, 2021 | $6.93 | Aug 22, 2021 | $6.93 |
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