Name
Jumaa
Member since
December 2012
On-time repayments
12 installments • 8%
my name is jumaa kazungu thoya am gentleman and i live mtwapa in mtepeni village.am married i live with my wife and we live together,. i have seven children, the first born she is a girl and she is called zawadi. the second born he is a boy and is called Dickson. the third born he is a boy and he is called Raphael. the fourth one she is a girl and she is called Salama, the fifth one he is a boy and he is called Hamisi. the sixth one she is a girl and she is called Furaha and the seventh born he is a girl and he is called Christopher.with these seven children zawadi Dickson and Raphael they are grown up and they have their own life and the rest four they are still under my care or control this means they are still in school and i do provide for them as their father.my occupation is selling of live Goats.my education background is class seven. i started this business because i wanted to earn some money and sustain my living standard.with what i get from my business as my earnings i do buy things like food for my family paying school fees for my children and providing of food to my family., and i use the rest to purchase more goats and sheep to sell to my clients so that i can increase my earnings.
my business is of selling of live goats and sheep.i buy these in a low rate and sell them to the clients with a good rate that gives me a profit.the demand of this goods is very high and good because things like goats and sheep they are more demanding here by the hotelier and restaurant peoples for meat because the goats and sheep that am selling they are for meat not for milking.and every weekend and every party and special occasion the demand is more high than normal.my customers prefer buying this goats and sheep from me because my products is of high quality fresh and reasonable that why my clients they prefer buying my products.this business profitable because i buy this products at lowest price of ksh 2000 per goats or sheep. and after buying for this price and take this products into the market for sale then i sell at a price ranging from ksh 4,000 to 4,500 so my business is profitable.my business has got no big challenges or risks. my monthly cost expenses is ksh 40,000. and my monthly sales revenues is ksh 80,000. so my monthly profit is ksh 40,000
thank you so much am very much proud of you may God bless you. for sure i had been waiting for this opportunity to happen to me. although the amount has been reduced but at least this will help me add two or three goats that will boost my business a little bit to my business. as my target is the big amount i will use this loan and be able to make my payment on time so that i can reach my target.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 21, 2013
Repayment status
Late
Projected term
12 months
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