Charles

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Charles

Member since

December 2011

On-time repayments

79 installments  •  47%

About Me

I am 40 yrs old, married with two daughters, i work with macken services as a driver and i have a small business which i run along with my wife. I have a small shop where i sell basic household items and foods in the slums of Mukuru in Nairobi. i started the business to supplement the income which i earn as a driver which is not enough to feed and educate my children.

My Business

I sell consumable goods like soaps, sugar, cooking fat, sodas, salt, tissues and all other small basic items the good are in high demands as this is a highly populated area and people buy what they use on daily basis as this area is inhabited by poor and casual workers. i have many customers as i have been running this business for more than ten years and many customers are my neighbors and i know them personally, the business is profitable as the goods i sell are packaged in small quantities so i sell many units and they are basic family needs. In a month i buy stock worth about 60000 [672 USD] which i sell at about 80000- 90000 [896-1008 USD], i make a profit of 10000-15000 [112 - 168 USD] after deducting my costs of rent and transport and other expenses

Loan Proposal

I want to start rearing sheep and goats in my piece of land in laikipia .The amount i have asked for is enough to buy about 15 weaned goats@ 3000 each.THANK YOU ZIDISHA AND LENDER PLEASE HELP ME ACHIEVE MY DREAM OF LIVESTOCK FARMING.

Show original English  

About Me

I am 43yrs old ,married with two daughters, I work with macken services as a driver and i have a small business which i run along my work with my wife. I have a small shop where i sell basic household items and foods in the slums of Mukuru in Nairobi. I started the business to supplement the income which I earn as a driver which is not enough to feed and educate my children.

My Business

I sell Domestic consumable goods like soaps ,sugar, cooking fat, sodas, salt ,tissues and all other small basic items the good are in high demands as this is a highly populated area and people buy what they use on daily basis as this area is inhabited by poor and casual workers. i have many customers as i have been running this business for more than ten years and many customers are my neighbours and i know them personally, the business is profitable as the goods I sell are packaged in small quantities so i sell many units and they are basic family needs. In a month i buy stock worth about 60000 which i sell at about 80000- 90000,i make a profit of 10000-15000 after deducting my costs of rent and transport and other expenses

Loan Proposal

I want to start rearing sheep and goats in my piece of land in laikipia .The amount i have asked for is enough to buy about 15 weaned goats@ 3000 each.THANK YOU ZIDISHA AND LENDER PLEASE HELP ME ACHIEVE MY DREAM OF LIVESTOCK FARMING.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$611.00

Date disbursed

May 29, 2012

Repayment status

On Time

Projected term

11 months

Lenders

joerg

Berlin, Germany

A

Anninymouse

Southampton, United Kingdom

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

M

mikedufty

Perth, Australia

E

Errol

Bradenton, FL, United States

M

Monarch84

Las Vegas, United States

Brian

Midhurst, Canada

Ron

United States

EricDWalters

Rochester, Mn, Usa, United States

Daniel

Hamburg, Germany

KYLE LARSON

Little Falls, United States

Aahz

Manchester, United States

investor

Candiac, Canada

M

MiguelGago

Guimarães, Portugal

G

grizu

dortmund, Germany

E

Emerald

Pompano Beach, United States

adaniels85

Louisville, United States

D

dancesflo

sao carlos, Brazil

S

soren

Göteborg, Sweden

KyRoamer

Louisville, Kentucky, United States

galmor

Cork, Ireland

S

sublime

Braunschweig, Germany

Paul Buchheit

Mountain View, United States

Ask Charles a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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