Selling charcoal for cooking fuel

Morris

Embakasi, Nairobi,kenya, Kenya

100% repaid

Entrepreneur

Name

Morris

Member since

May 2013

On-time repayments

40 installments  •  83%

About Me

I was born in the year one thousand nine hundred and eighty in a small village called Kikuyu kiabu county. I did my primary school certificate of education but dispute being a clever boy I did not proceed to high school due to lack of school fee which my parents could not afford by then.I was employed in a slaughter house for about five year before moving to Utawala Githunguri to start my own business. To raise the capital to start my business I was working in construction of houses industry as a laborer where I raised enough money to buy a donkey for selling water which I made enough money to buy a motor bike.

My Business

I started a business of selling water with a donkey because the place we were leaving there was no piped water nearby, I was fetching water for a distance of about 10 kilometer and sell to my customer for about Ksh 10 per 20 litter. After making enough money a bought a motorbike for transport business and I recently started selling charcoal which is the main source of energy and is in high demand in this area. both my business I about KSH 9000 per month just enough to take care of my family of two children and one wife. I wish Zidisha my give me loan to expand my business by adding more stock

Loan Proposal

I wish to apply for a loan of Ksh 8000 which are use to buy more stock for my charcoal business, I will buy 10 more bags of Charcoal at Ksh 800 and sell them at Ksh 1200 per bag this will give me a good profit and boost my business in a big way.Kindly support and fund raise for my loan so that I may invest the money in my business and pay back as we agreed

Feedback

4

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Loan Info

Project Type

Classic Loan

Disbursed amount

$96.00

Date disbursed

Mar 27, 2014

Repayment status

On Time

Projected term

3 months

Lenders

TheMoonDuster

Brisbane, Australia

ElWal

Kirn, Germany

B

bek88

Fairview, United States

Sarasota

Sarasota, Fl, United States

E

Escalada

Bakersfield, CA, United States

Paul Buchheit

Mountain View, United States

W

whlaing

United States

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Summary

Amount repaid

$97.61

Amount remaining

$0.00

Date repaid

Jul 29, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 7, 2014 $5.74 Apr 7, 2014 $5.74
Apr 14, 2014 $5.74 Apr 7, 2014 $0.14
Apr 14, 2014 $5.60
Apr 21, 2014 $5.74 Apr 14, 2014 $0.28
Apr 21, 2014 $5.46
Apr 28, 2014 $5.74 Apr 21, 2014 $0.36
Apr 28, 2014 $5.38
May 5, 2014 $5.74 Apr 28, 2014 $0.51
May 5, 2014 $5.24
May 12, 2014 $5.74 May 5, 2014 $0.53
May 12, 2014 $5.21
May 19, 2014 $5.74 May 12, 2014 $0.67
May 20, 2014 $5.07
May 26, 2014 $5.74 May 20, 2014 $0.81
Jun 1, 2014 $4.93
Jun 2, 2014 $5.74 Jun 1, 2014 $5.74
Jun 9, 2014 $5.74 Jun 1, 2014 $1.09
Jun 9, 2014 $4.65
Jun 16, 2014 $5.74 Jun 9, 2014 $1.24
Jun 17, 2014 $4.51
Jun 23, 2014 $5.74 Jun 17, 2014 $1.38
Jun 23, 2014 $4.36
Jun 30, 2014 $5.74 Jun 23, 2014 $1.52
Jun 30, 2014 $2.65
Jul 7, 2014 $1.58
Jul 7, 2014 $5.74 Jul 7, 2014 $4.31
Jul 15, 2014 $1.44
Jul 14, 2014 $5.74 Jul 15, 2014 $5.74
Jul 21, 2014 $5.74 Jul 15, 2014 $5.74
Jul 28, 2014 $5.74 Jul 15, 2014 $4.73
Jul 28, 2014 $1.01

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