Jackson
Mtwapa, Kenya
$0 to go
100% funded of $500 goal
0
days left
Entrepreneur
Name
Jackson
Member since
February 2013
On-time repayments
18 installments • 0%
About Me
My name is jackson lughanje masha, a resident of mtwapa and a businessman in mtwapa as well.I live here in mtwapa in a rented house. Am a secondary school lever having successfully completed my form four level. But due to my family's low income i did not get a chance of joining to any college. After my school i had to the race in looking for a job. I luckily got a job in a fish firm where i worked for five years. during this time i had stated a fish business where i bought fish from my work place and sold them to traders who sell fried fish. This job picked up very well and when i left the job i had aquired many customers and this encouraged me on doing his business fully. With the income i get from this business i pay rent, buy nice clothes for myself and also help my parents in the village.
My Business
I have a fish shop which is situated in the heart of mtwapa.I have been doing this business for the last three years now and business here is doing good.Mtwapa is a small town but a very fast growing and with a ver high population, which gives me a good chance of doing my business better. I get my fish from the fishermen from around here i mtwapa but sometimes i have to follow the fish in Tanzania depending on the season. My customers are the traders and also the residents who buy for their family consumption.This business has risks like, lack of fish in some seasons which makes it more costly and at such time the business looses alot of money in travelling. In a month i get an income of ksh 30,000 after my expenses. With this income i use ksh 2,500 paying rent, ksh 2,000 for my food ksh 5,000 i send to my parents for my family food and ksh 6,000 for paying school fees for my siblings. So i save ksh 14,500 per month. with this am able to pay my zidisha loan.
Loan Proposal
Thank you for this opportunity of granting my loan application. this is because of your hard work and devortion, keep it up! With this loan i will add value to my business by repiring my big refredgerator and this will anable me to have enough fish to ever growing number of customers.This will enable me to meet my customers' demand. i will then add more stock to my fish as i will have eough storage.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Mar 20, 2013
Repayment status
Late
Projected term
19 months
Lenders
Osaka, Japan
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