Entrepreneur
Name
Jacob
Member since
April 2012
On-time repayments
72 installments • 49%
About Me
I am married with three kids, two of them are in school. I live in Kiptangwanyi shopping centre which is about 43km from Nakuru town. I live in plot number 53. I operate a timberyard at the shopping center.
My Business
I operate a timberyard at the shopping center. There is high demand for the products that I sell because most of them are used i building and construction as well as in furnitures. The main challenges that this business encounter are lack of capital to expand the business and poor means of transport.
Loan Proposal
Dear Lenders,
I would like to use my loan to buy a new electric planing machine. This would enable to sell to my customers timber that has already been planed. I would also like to add stock in my business by buying more timber to add in my timberyard.
Feedback
Positive
24
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$978.00
Date disbursed
May 10, 2012
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
Guimarães, Portugal
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