Pendo

Mtwapa, Kenya

29% repaid

Entrepreneur

Name

Pendo

Member since

November 2012

On-time repayments

11 installments  •  18%

About Me

i am the first born in our family. and i was born in mombasa hospital and grown up in mtwapa. ii went to school in bahari secondary at my 'o' level and i am an a computer literate.we are living in mtwapa with my mother. I started my business in order to help my mother as my d father is dead and my mother cant meet the family needs effectively. I had a hard time doing the business while doing my studies but by God's grace i managed and finished my education as well. I have a charcoal and firewood business, i started this business with the help of my friend we were in school together. She was from a place called Bamba, this is where the best charcoal come from.She introduced to one of the dealers sometime when i had gone to visit her diring one of our holidays. I did well and used to do all the work during holidays and when going to school my mother helped me. Its a good business because it really has helped me and my mother. out of this business i paid all my school fees and also provided food and other family needs. i now make ksh 20,000 per month after all expenses. Out of this i pay our house rent and buy food and save the remaining amount.

My Business

My business is selling charcoal and fire wood. I do this business in mtwapa town. i;ve been doing this business since i was in secondary school. I mainly get my goods in the rural areas. I normaly buy from the dealers, those who process the charcoal and cut firewood.On reaching mtwapa with the goods i sell both on wholesale and retail prices.My customers are mainly the regular consumers and also traders. It's a good business because i make an income of ksh 20,000 per month after all expences. in this business there are risks like when it rains the roads to the place where i get my goods are un passable making it hard to go bring more goods so at this time you loose your earnings. I work hard to help my mother because there no body to take care of my family.

Loan Proposal

Hello zidisha, am so much for approving my loan application . As a businesslady i want to add more charcoal to my charcoal business so that i can have more potential to my customers.So with this loan i will add 30 bags of chracoal @ ksh 15,000 and then add firewood at ksh 10,000, and then i will use ksh 10,000 for transportation.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Jan 22, 2013

Repayment status

Late

Projected term

12 months

Lenders

J

Jason

New Jersey, United States

EricDWalters

Rochester, Mn, Usa, United States

K

KakkoiiCali

Anaheim, United States

jesuisneil

MATTESON, United States

B

Bpryse

Long beach, United States

Blond56

Victoria, B. C., Canada

E

Enrique

Plano, United States

P

prodigyita

Eboli, Italy

LA

United States

Apmay

Melbourne, Australia

B

Bavarian

Bavaria, Germany

G

grahamfamily

Guildford, United Kingdom

Sundstroms

Falun, Sweden

Creole1

Mobile, Alabama, United States

borscht

Golden, United States

pentatonicscale

Niiza-shi, Japan

P

petermeier

Bern, Switzerland

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