Name
Ruth
Member since
December 2013
On-time repayments
3 installments • 100%
I am a Kenyan Citizen, single lady with three children. I once worked with CFC Bank as a messenger in Naivasha Branch, it reached a point that my life was so demanding because of raising three children alone without help from anyone. I Decide doing the business sector and that when I started selling charcoal in wholesale.
I have also added to my business selling of gas, and gas cylinder since charcoal in modern life is not bearable to many. With this am able to support my family which consists of three kids: first born who is in class 6, second born in class 2 and the third born in Baby class- ECDE.
I have to work hard in-order to help my kids achieve more in life i.e good education life and atleast to be able to provide the normal basic needs as a parent.
My business that Entails on selling Gas and charcoal is located in Naivasha at Kabati estate and is on a 12 X 18 ft house that is fronting on a road and next to a welder. I have been operating my business for a period of three years now since I stopped working in a bank, I Have been doing well but on charcoal sector booms when we are on a rainy season and that leaves me with gas sector supporting … I was thinking on starting to sell paraffin to make it more profitable and with that atleas I will be able to pay my rent and electricity and even pay a worker well.
Currently I have a business relating to charcoal and gas merchant and i want to use this loan to stock parrafin business and by that my business net profit will grow with aleast 30 percent and I shall be able to pay my loan on time and be able to take a bigger loan in future.
I know that my idea will make this happen because at my place of work there is no business related to my plan. The other main reason is that my customers have been asking for that service, and so am very much believe that with time I will make it.
Thank you.
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Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Apr 4, 2017
Repayment status
On Time
Projected term
3 weeks
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