Entrepreneur

About Me

I'm a gentleman and my name is Rashid Mweandogo Mwanyika from Kinango county currently lives/resides at Mtwapa.Im married with five children of which four are sons the and the other is a girl.They are all in school;the firstborne child is in class seven another in class four,two in class three,and the lastborn is in class one.I live in Mtomondoni in Mtwapa near Mtomondoni primary next to the new mtomondoni mosque.I'm a charcoal dealer, I sale charcoal. I get my chacoal from the dealers in Kinango, my home area. This is because i have alot of people there who deal with that business of processing the charcoal. And since they are my relatives they normally gives me a discounted price. My education standard is class five This is because i could not finish even my primary school level mainly because of my poor family status. .I started this business so as to earn a leaving and to improve my life. Sincei had a poor family background, my life was at stake. I purchase some items as follows;charcoal,charcoal sacks,ropes,also pay for transport,rent etc.Also buy medicine,clothes,water,pay for school fees etc.Hopes to expand my business internationally and improve my family walfair,when Im given aloan by zidisha I will increase the quantity to meet the needs of my clients.

My Business

I operate a charcoal business. i do this business in mtwapa. I have been in this business for the last five years. since i have that experience in this business i made a lot of customers. most of my customers are normal consumers are also other retailers who i sell to them at reasonable and fair price so that they can get a profit too.. I must admit that this is a good business because in a good month i get a minimum of ksh 20,000 in a good month. with this money i use ksh 5,000 for my family food consumption. And since i live and do my business in my own house and my own plot i don't have much expenses. so i save ksh 15,000 per month. In this business i have risks like,when it rains its hard to get the charcoal since this exercise mainly depend on the sunshine.So with this good advantage am certain that am so much capable of paying the zidisha loan. My main objective when starting this business was to help me and my family meet our family needs.And this why i want zidisha to help me achieve my goals. And thats why am applying this loan so please assist me.

Loan Proposal

Hello, zidisha am so happy that my application has reached this far. As a businessman, i like to see my customers get whatever they require. So with this loan i want to add my stock and improve my business. With this loan i will use ksh 20,000 to buy charcoal and ksh 10,000 buy firewood, i will again use ksh 5,000 for transport. the remaining will be used to renovate my premises. This will add value to my business and i expect more returns in income.

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