For gas cylinders to sell, and for mobile money business
Hassan
Eldoret, Kenya
100% repaid
Entrepreneur
Name
Hassan
Member since
December 2015
On-time repayments
156 installments • 97%
About Me
I was brought up in a humble family of nine siblings I being fourth in our family. We are four brothers and four sisters. My father worked as painter and mother had a grocery on which we depended alot. Well it was hard to be brought up in that kind of a family, but We tried the best We could to have food on The table. every one had to work hard so as to come home with something small for The family. We had to support ourselves through school ie buying books, uniform and sometimes paying our school fees.I had to work hard to finish my schooling program finally I managed to go through my O level education. Well I was working in od jobs to make a living and trying save a little to enable me raise capital to open up a business. Lucky enough a friend of mine was leaving The area and was selling his business luckily I had saved enough money and I boughtsa the business. Ok this place is a good place to do business because of it's. People are friendly and welcoming the security of this place also it's good considering the place is near Ia police station. Well my family is still young I have tow little girls six months and five years. Well during my free time I like traveling alot the spirit of venture is in blood.
My Business
Well. in. My. Place business it is a 15 by 12 room in hich I have tow businesses. I have a barber shop and at the front place I I have an mpesa, equity, and Airtel money agents. Also I do repairs of electronic. These services are important to my customers because it has reduced the distance at which they used to travel to have the same services that I am offering .well I chose these kind of business because it did not needed alot of capital to start and it is easy to grow to a much bigger business that I want to be in the future. Ok my typical costs are raising school fees for my doughter, paying my rental charges, electricity bill, water bill, and making sure that my family have food on the table. Ok these business is my employment so I have to make sure it grows itself from the profits it generate as well as paying school fees to my kid home improvement.
Loan Proposal
Describe what you will do with the loan.
I will be able to purchase a few more cylinders, to enable my business make a good profit. if I am funded;the amount will be decided into two halves,fast half will be used in the purchasing of the cylinders and the other half will be re invest in the current business that I am doing of mobile money transfer.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$343.00
Date disbursed
Nov 30, 2016
Repayment status
On Time
Projected term
5 months
Lenders
Hong Kong
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