Entrepreneur
Name
Sharifa
Member since
October 2012
On-time repayments
15 installments • 13%
About Me
my name is sharifa omar,a resident of mtwapa mtomondoni in kilifi county.am single with two children who are now in school here in mtwapa at st Marys.my occupation is sellimng of charcoals and second hand clthes within mtwapa.i went a school called mtondoni primary school in the year 1998 and went to secondary school at bahari girls but did not wind up.I started this business to uplift the lives of my kids.with the earnings,i will use them to add more stock.
My Business
my business is selling of second hand clothes and charcoal.i supply charcoal within mtwapa town.demand for these goods is there due to the population and other businesses going on.it is profitable because majority of the people use it for cooking.On the second hand clothes,majority of the people around here have small income hence able to buy from me.i have no direct competition here hence more profits.I make kshs 24,000 in a month,expenses ios about kshs 10,000,the balnca is used to pay loans and other items.
Loan Proposal
My business is selling of second hand clothes and charcoal.i supply charcoal within mtwapa town.I will buy 100 bags of charcoal at kshs 25,000.This shall make about kshs 10,000 profit.i will also buy 3 bales of second hand clothes at ksh 10,000.The balance of the loan amount shall be used to pay for transport.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Nov 21, 2012
Repayment status
Late
Projected term
16 months
Lenders
Southampton, United Kingdom
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