Selling mangrove poles for building homes

Ali

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Ali

Member since

November 2015

On-time repayments

129 installments  •  65%

About Me

When I was a child, I was very close with my father; he taught me how to do business and I was respecting everybody. After I finished my primary education I joined secondary school, but due to a lack of finances I dropped in form 3 because my father had other kids in school. Then I joined driving school, and I got work and saved some money. I joined a college of tour and travel operation, then I [studied] French language at Alliance Française. After I finished my studies, I got a job and I started to save some money to start a business. I started a business after working for a long time.

The people in our land [do] fishing and cultivation and live in communities. My children, I want them to be doctors or lawyers or what they are interested in. l like football and swimming because I'm near the sea. I have played football since I was young. I also like to watch the news.

My Business

I provide mangrove. I have a small dhow (ship) which is used to load then [transport] the good[s] to the seashore. We remove the outer layer and then it is ready for selling and marketable. After I have done all this, I have to keep them together for easy counting and stamping. The useful [thing] is that I get half profit in what I have spent in buying. The cost depends on how many goods I have bought and how much you pay on revenue. For example, if I have 100 poles, I pay Ksh. 3200 revenue and movement permit Ksh. 1500 and buying is ksh. 4000 and I sell Ksh. 20,000 transport Ksh. 4000 and the loaders. I use my profit for reinvestment and some I save for feature. I like my business and I do respect[ably] because I get food for my children and pay for their education. In business, you have to make a profit, but if you get losses you lose. So I'm very serious in my business and I hope to pay my loan in time so that I get more loans and raise my business. In any business I must be trusted to achieve your goals. Hard work pays and I'm hardworking, and that's why I do my business good and I have cooperation with people I do business with. I do my business in good faith, no cheating or stealing. I like to be straightforward and pay my debt in time.

Loan Proposal

The loan I will add with momey I have to add the magroove poles which is used for making local house n roofing mordern house n fencing land.the item will b $5 @ n for my load I have to have 300 pieces for one car to be loaded there I get good profit after I minus cost n in this loan I will get 5percent n when I add with the money I have that Will raise n that I will make good good bussiness n when then bussiness is good u ean good profit n bussiness is buying n selling with aim of making profit .

Show original English  

About Me

When I was childhood I was very close with my father n he talk me how to do business n I was respecting everybody.after I finish primary education I join secondary school but due to luck of finance I drop in form 3. Coz my father was having another kids in school.then I join driving school n I get work n I save some money n join coledge of tour n travel oparation then I join french language in alliance francaise.atfer i fish my studies I got job n I started to save some money to start bussiness.I started bussiness atfter I have work for long time.the people in our land is fishing n cultivation n live in community .my children I want them to be doctors or lawyer or what they r interested with.l like football n swiming coz I'm near the sea I use to play football since I was young .I also Like to watch news.

My Business

I proved magroove n I have small dhow which is used to load then goodp to seashow.n we remove the outlayer n that is ready for selling n market able.ater I have done all these i have to keep then togather got easy counting n stamping.the useful in demand is that I get half profit in what I have spend In buying .the cost is depending on how many goods I have buy n there u kwow how much you pay on revenue.eg if I have I00 poles I pay ksh3200 revenue n movement permit ksh.1500 n buying is ksh.4000 n I sale ksh.20000 transport ksh. 4000 n the loders.I use my profit for reinvestment n some i save for feature.I like my bussiness n I do respect coz I get food for my children n paying their education.in business u have to make profit but if u get loss u lose.so I'm very serious in my business n I hope to pay my loan in time so that I get more loan n raise my business n in any business I must be trust to achieve ur goals.hardworking working pays n im hardworking n thats why I do my bussiness good n I have co_oparation with people I do bussiness with.I do my bussiness in good faith no cheating or stealing.I like to be straightfoward n pay my dept in time

Loan Proposal

The loan I will add with momey I have to add the magroove poles which is used for making local house n roofing mordern house n fencing land.the item will b $5 @ n for my load I have to have 300 pieces for one car to be loaded there I get good profit after I minus cost n in this loan I will get 5percent n when I add with the money I have that Will raise n that I will make good good bussiness n when then bussiness is good u ean good profit n bussiness is buying n selling with aim of making profit .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Dec 14, 2015

Repayment status

On Time

Projected term

9 months

Lenders

quozl

Dublin, Ireland

Z

Zarnigar

Boston, United States

P

Prysdahl

Marshall, United States

markpearson

Portsmouth, United Kingdom

lyalljellyman

Wellington, New Zealand

Leonardia

Waddinxveen, Netherlands

M

motivator1117

United States

M

mbarbier

United States

SL

Samuel Le

Seattle, WA, United States

MW

Matt Willis

United States

Aylsham Rotary

Aylsham, Norfolk, Uk, United Kingdom

N

Nick

Greater London, United Kingdom

C

Christian

Switzerland

M

Marzl

Germany

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