Increase charcoal stock

David Kimunya

Nairobi, Kenya

14% repaid

Entrepreneur

Name

David Kimunya

Member since

February 2015

On-time repayments

228 installments  •  13%

About Me

My names are David njenga kimunya I come from kiambu west county a small town known as limuru in the outskirts of Nairobi city, I was born in the year 1990 joined a public primary school known as karanjee primary school then manguo high school and attained a grade b+, I couldn’t further my education because my mother died several years ago, I never knew my father either as i had only a mother, my uncle Philip njenga took me after my mothers death and supported my high school education but could not support me further because he had younger children so I began going for labor works to support my needs, after some months I managed to secure a contract employment at tigoni hospital as a casual worker where I earned 350ksh a day ,I saved 200ksh each day and used the money to rent a place of my own so I moved from my uncles place, luckily my girlfriend got pregnant last year and she moved in with me although her parents did not support this ,I then had to work extra hard to provide for her and as this year began my salary was also raised to 500shilngs and I got a permanent job in the same hospital as a gardener I love flowers being smart and fashion ,drawing ,swimming and socializing.

My Business

my house is located at karanjee maendeleo house plot blue roof a kilometer away from limuru town.I live in a apartment holding almost one hundred people and limuru if you happen to know the place is a very cold place so people buy charcoal at very high prices I then decided to ask my wife to be selling charcoal at the door of my house and she liked the idea so I started with two sacks of charcoal bought at a wholesale price of 800ksh and we sell in cans of 70 and 80shs per can, a sack gives 25 cans so I make roughly 2000ksh per sack a profit of 1200shs per sack, in a week we sales two to three sacks and make a average of 3000ksh while I go to my job and manage to save 200ksh per day we combine the cash and save it in a bank we have been doing this since last year July as we are planning to set up a shop come this year February ,as stated early am a gardener at tigoni hospital.

Loan Proposal

Thank you again for a chance to raise my secound loan.
Granted this loan i will buy 30 sacks of charcoal at $10 each.
This will increase my stock and meet my customers demand.
I will also have spared time which i lose going to transport a sack,i will transport all the 30 sacks in a day.
I will then expect to make a 20percent profit increase.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$290.60

Date disbursed

Aug 19, 2015

Repayment status

Late

Projected term

49 months

Cost to entrepreneur

Service fee: $12.07

Lenders

C

Christian

Saarbruecken, Germany

Elinor

Maple Lake, MN, United States

A

andyfletcher

I want my "My loans" page back, Qatar

sarasofia

Stockholm, Sweden

johnandmoliehi

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Zidisha

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B

blahblah

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A

anonymous123

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SeeMeeFi

Ontario, Canada

cmahoney

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jimmycarterforever

Missoula, United States

I

ijerkov

Zagreb, Croatia

Bobrm2k3

Charleston, United States

A

alexvanandel

Haarlemmermeer, Netherlands

K

kingcamo1095

Mountain Home, United States

B

BMcDermott

Washington, DC, United States

D

DogFort1

Sydney, Australia

Genady

Münich, Germany

O

OrientExpress

Tokyo, Japan

M

mzhope

Harrisburg, United States

Z

zvrk2014

Brookline, MA, United States

D

dregier

Ozark, MO, United States

L

lamar

lamar colorado, United States

M

Mullagh

United Kingdom

AllieJ

Camberwell, Australia

Romojo

Paraparaumu, New Zealand

S

Samhall8

Brandon, Canada

B

bscent

Hong Kong

M

Manley

Windermere, United States

D

djlayton4

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K

Kristiina

All Countries

JL

Joao Leal

United Kingdom

Valeria Cremonesi

Casalpusterlengo, Italy

Jansa

Oulu, Finland

TF

Timothy Fitz

United States

M

MatzeFR

Frankfurt, Germany

M

Malte

Munich, Germany

Heiko

Haan, Germany

Issy

United Kingdom

Paul

Auckland, New Zealand

H

Hank

New Zealand

MB

michael breen

United Kingdom

The Bayiates Family

Chicago, IL, United States

PR

peter reibold

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Kate Courteau

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JM

John Myers

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Julia

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JC

JD Conley

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ME

Manaal Eisa

Washington DC, United States

SS

Sue Smith

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S

SARA

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Cathy Via Reque

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AB

Amy Biddle

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TH

Taylor Hogan

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H

Harry

Florida, United States

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chryddi

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Solon Brown

Singapore, Singapore

DC

Dan Crosby

United States

M

Mart

United Kingdom

KH

Kim Howard

United States

Robin Padberg

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V

Varun

New Zealand

Isabella

UK, United Kingdom

Egor

Kiev, Ukraine

MJ

Monika Jelic

United States

E

Eve

United States

I

Irene

Switzerland

PS

Pedro Soares

Almada, Portugal

DL

Dan Lawrence

United States

Rosario von Li

San Jose, Ca, United States

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