Entrepreneur
Name
Said
Member since
August 2013
On-time repayments
10 installments • 10%
About Me
My name is Said Hare Msitu, I am thirty three years old. I live in Kilifi county having successfully completed my high school education. Being born in a poor family I had to struggle much to pass my exam and I did well in my exams. My father died nine years ago when I was in class eight. So everything mother had to do it on her own without a job. Thats why I decided to go for small business that I wish to save to go for higher studies. I am also married and have one baby who is nice age three and very well doing in class. I am a Muslim by faith and I do believe God will help me and see light ahead.
My Business
I have a business of charcoal selling . I have been in the business for over four years and everything has been running smoothly. I do buy the charcoal sacks at an affordable price of two hundred and fifty shillings and sell them at a cost of five hundred shillings a profit of two hundred and fifty shillings and if I do minus my expenses I do get enough profit. The competition is down as in the area I am the only one with such kind of business and I have also built many customers since I started this business many years ago . if I get this loan I will be in a position of adding stock in my and also I wish to add paraffin for sell which is also better.
Loan Proposal
Thank you so much for approving my loan. I will use this loan to add stock in my business and I had wish to add paraffin as a commodity and I believe this time a round I will . most of my community use the charcoal for cooking and paraffin. I will add this paraffin as it is also profitable and it is an option for the customer either to use charcoal or paraffin.
Thank you so much.
About Me
My names are said Hare Msitu abed thirty three years old. I live in Kilifi county having succesifully completed my high school education. Being born in a poor family I had to struggle much for me to pass my exam and I did well in my exams. My father died nine years a go when I was in class eight. So everything mother had to do it on her own without a job. That why I decided to go for small business that I wish to save to go for higher studies. I am also married and have one baby who is ni cage three and very well doing in class. I am a Muslim by faith and I do believe God will help me and see light a head.
My Business
I have a business of charcoal selling . I have been in the business for over four years and everything has been running smoothly. I do buy the charcoal sacks at an affordable price of two hundred and fifty shillings and sell them at a cost of five hundred shillings a profit of two hundred and fifty shillings and if I do minus my expenses I do get enough profit. The competition is down as in the area I am the only one with such kind of business and I have also built many customers since I started this business many years ago . if I get this loan I will be in a position of adding stock in my and also I wish to add paraffin for sell which is also better.
Loan Proposal
Thank you so much for approving my loan. I will use this loan to add stock in my business and I had wish to add paraffin as a commodity and I believe this time a round I will . most of my community use the charcoal for cooking and paraffin. I will add this paraffin as it is also profitable and it is an option for the customer either to use charcoal or paraffin.
Thank you so much.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 19, 2013
Repayment status
On Time
Projected term
10 months
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