Add 15 sacks of charcoal for sale
Hyline K.
Mwangaza, Kenya
100% repaid
Entrepreneur
Name
Hyline K.
Member since
May 2013
On-time repayments
51 installments • 84%
About Me
I have a family of two. I live within Olive Inn near Kiamunyi. I run a charcoal business.This is a business that i have done for the last seven years.It feeds, clothes, pays fees for my children as well as shelter. Iam a college graduate with a tailoring course and managerial skills.
This is a sustainable business considering that its not perishable.After thorough research, i found out that charcoal was a scarce commodity within my area of residence and most people spent time and money to go to town to buy the commodity.Hence that is how this business started.
My Business
My business is both retail and wholesale.I deal with charcoal.My customers prefer this service because its used on a regular basis compared to gas and kerosene.Also a bigger percentage of people use this commodity.Well, at the moment i have not seen a serious competition since iam the sole supplier in the area in terms of retail and wholesale.The only challenge is when the prices shoots either due to transportation on rainy seasons and as well i have known how to counter this.My monthly runs to Kshs. 50,000 and after sales is double what i spend.This means that iam running a profitable business at the end of the day.
Given the opportunity from all spheres i intend to open other branches where this commodity is scarce.
Loan Proposal
My business is both retail and wholesale.I deal with charcoal.My customers prefer this service because its used on a regular basis compared to gas and kerosene.Also a bigger percentage of people use this commodity.Well, at the moment i have not seen a serious competition since iam the sole supplier in the area in terms of retail and wholesale.The only challenge is when the prices shoots either due to transportation on rainy seasons and as well i have known how to counter this.My monthly runs to Kshs. 50,000 and after sales is double what i spend.This means that iam running a profitable business at the end of the day.
Given the opportunity from all spheres i intend to open other branches where this commodity is scarce.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$94.00
Date disbursed
Nov 10, 2014
Repayment status
On Time
Projected term
2 months
Lenders
Duisburg, Germany
United Kingdom
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Summary
Amount repaid
$96.81
Amount remaining
$0.00
Date repaid
Jul 12, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 23, 2014 | $8.80 | Nov 15, 2014 | $8.80 |
| Nov 30, 2014 | $8.80 | Nov 15, 2014 | $2.57 |
| Nov 23, 2014 | $6.23 | ||
| Dec 7, 2014 | $8.80 | Nov 23, 2014 | $5.14 |
| Nov 28, 2014 | $3.66 | ||
| Dec 14, 2014 | $8.80 | Nov 28, 2014 | $7.70 |
| Dec 6, 2014 | $1.09 | ||
| Dec 21, 2014 | $8.80 | Dec 6, 2014 | $8.80 |
| Dec 28, 2014 | $8.80 | Dec 6, 2014 | $1.48 |
| Dec 13, 2014 | $7.32 | ||
| Jan 4, 2015 | $8.80 | Dec 13, 2014 | $4.05 |
| Dec 20, 2014 | $4.75 | ||
| Jan 11, 2015 | $8.80 | Dec 20, 2014 | $6.61 |
| Dec 26, 2014 | $2.18 | ||
| Jan 18, 2015 | $8.80 | Dec 26, 2014 | $8.80 |
| Jan 25, 2015 | $8.80 | Dec 26, 2014 | $0.39 |
| Jan 2, 2015 | $8.41 | ||
| Feb 1, 2015 | $8.85 | Jan 2, 2015 | $8.64 |
| Jul 12, 2016 | $0.22 | ||
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