Charcoal and maize for my business

Florence

Mazeras Mission, Kenya

Expired

$426 to go

49% funded of $830 goal

0

days left

Entrepreneur

Name

Florence

Member since

October 2016

On-time repayments

159 installments  •  49%

About Me

I was born on 1st January in 1986 at jomvu in Mombasa county. Am a first born of Mr and Mrs mgandi. I started my primary education at jomvu primary school in the year 1992 to 1999 after completing my education i started working in a small hotel. I got married in 1997 and left to mazeras where i stay up to now. My children wants to do business when they grow up. I like watching movies during my free time.

My Business

I sale food in my small hotel. These goods are useful because people must eat. I choose this kind of business because there are several day schools around here and several industries around so many people have no time to cook they come to my hotel to eat breakfast lunch and sapper. My typical cost and revenue are, license 4,000 KES per year, electricity bill 2,000 KES per month, health permit for my husband and i 1,000 per year water bill 1200 KES per month. I use the profit to pay school fees for my children and and and home improvement.

Loan Proposal

I will buy 50 bags of charcoal at 8$ each and 20 bags of maize at 300$ each. In this community many people use charcoal for cooking so i expect to sell the product as faster as possible so that i bring another stock maize is also in a high demand. I expect my profit to increase for another 30%.

Feedback

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Loan Info

Project Type

Classic Loan

Amount requested

$830.00

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