Selling and transporting mangrove poles

Ali

Mombasa, Kenya

100% repaid

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How it Works

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

First, I'm so thankful for the last loan and it has helped me so much in my business. I've bought a dhow for carrying the mangroves from the sea to seashore. And when I get goods for $200 I can get a profit of $100, and that makes me increase my business. After this loan is finished, I hope to get a bigger loan so that I can open another business for supplying gas; though I have started it in small [scale], I'm hoping to make it bigger while the other one is still continuing. Thank you so much for helping me to have loans and continuing with my business. I need another loan to increase more. Thanks, be blessed.

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

First im so thnkful for lending last loan nd its help me so much in my bussiness.i hv buy dhow for carrying the magroove from the sea to seashow.n when i get goods for 200$ i can get frofit of 100$n that make me increase my bussiness .after this loan i finish i hope to get bigger loan so that i can open onother bussiness for supplying gas thow i hv start it in small stort bt im hopping to make it bigger while the other one is still contueining.thnk so much for helping me to hv loan n contuininng wth my bussiness .i need onother loan to increase more.thnx b blessed