Kevin
Kisumu, Kenya
150% paid forward
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 stocking rate of my business is not progressive as the capital elevates with only given limits that enables smooth operation of the business as well as existence hence the target of the loan is to improve on the stocking rate so that am in a position to take in new product supplies even before selling off the stock in place hence upon selling off to the main distributor,the profit is well accumulated to help support fully the business and expand the entire business to rise to a huge empire.
Positive
None
Neutral
None
Negative
None
Project Type
Pay It Forward
Disbursed amount
$41.00
Date disbursed
Aug 30, 2021
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