Total loan: $16,675
Kigali, Kigali, Rwanda / Construction
Flag of Rwanda
Emmanuel's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy a new machine that presses paving stones.
Emmanuel is one of the most innovative entrepreneurs that African Entrepreneur Collective has ever worked with. Emmanuel works in construction, an industry not usually for innovation, but Emmanuel's approach and style are very unique. In 2016, Emmanuel was invited to India to meet with some construction engineers who showed him more efficient hydraulic brick press machines. Emmanuel keenly observed these new techniques and technology. Early this year, Emmanuel sketched out his own designs for a new hydraulic brick machine and sent his design to the engineers in India. Emmanuel is looking for a loan to build his own machine. Emmanuel has emerged as one of the most trusted supplier for bricks and parking lot pavers in Rwanda. He has earned such a reputation and has such demand that he can require his customers to pay in full on delivery, a practice that is very uncommon in a crowded construction market where small businesses often are required to sell on lengthy repayment plans. Emmanuel's business is going so well that he was able to repay his last loan 7 months early! This business has incredible potential to grow, and it is led by an impressive young man.