Entrepreneur
Name
Danvas
Member since
March 2016
On-time repayments
10 installments • 10%
About Me
My name is Danvas i live in Subukia.where i do my business.As they said in this world people are not the same i was not able to be same as other lucky children who were able to get a better education.Since my mother was just a house wife when my father died life became so harder that i was forced to doped out of school when i was in form three.From there i started to do any informal job where i found myself a motorbike taxi driver.The money i got from this business helped me to save which i used to open another business of selling firewood and charcoal.
My Business
In my business i sell both firewood and charcoal .This business i only started with on one tree which i bought $50 which i made charcoal from it then the remaining i dried for firewood.I am very happy that today i have a store full of firewood and charcoal and i maintain my stock not to run out so that my customers could lack them whenever they need it.I started this business because from my area nobody thought of it and i was the first one to bring it to town
Loan Proposal
This loan will help me get charcoal at a wholesale price which is cheaper.Buying at wholesale on sack of charcoal goes at $7 while at retail it goes at $9.5 so buying at wholesale will help save hence giving me more profit to expand my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$300.00
Date disbursed
Mar 8, 2016
Repayment status
Late
Projected term
61 months
Lenders
I want my "My loans" page back, Qatar
United States
United States
Australia
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Latvia
United States
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Sweden
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Austria
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Germany
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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