Mwanaidi Mohamed
Kikambala, Kenya
$0 to go
100% funded of $100 goal
0
days left
Name
Mwanaidi Mohamed
Member since
May 2013
On-time repayments
12 installments • 0%
Am married woman with five chidren. they are all grown up and are working.My husband is also working as a security guard within mtwapa. Am living with my family here at kikambala which is in mtwapa location.Am a business woman.I only completed primary level and did not go any further because my father never took girls to school in those days..I have been doing business ever since i got married because i could not get a good job according to my educationala and i needed to assit my husband in providing for the famliy.I use my business earnings to buy food for the family.
My business is a charcoal and firewood selling.The business is good and there is demand because in mtwapa has a high population and most people are middle class people and its expensive to afford the high prices of either cooking gas or kerosene thereby creating a demand for charcoal business.Most people buy from me because i buy in bulky and then sell in small quantities therefore enabling local middle class to be able to afford because my prices are reasonable and fair.Risks are that in security is high and at times thief steal the goods.I make around 2,500 shilings per day and thats 75,000 shillings per month.Dily expenses is about 500 shilings per day and that comes to 15,000 shillings per month.I buy in nwe stock worth 40,000 shillings every month. I make aprofit of 20,000 shillings per month.
hello, many thanks to all zidisha staff for the hardwork and commitments and for giving me a chance to post a loan application.Am very honoured and grafefull for becoming a zidisha member.I will use this loan in adding stock to my charcoal business and in that way will be able to reatain my customers and increase my income.
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 12, 2013
Repayment status
Late
Projected term
12 months
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