Entrepreneur

About Me

my names are emmanuel khonde ngumbao. a resident here in mtwapa. am married and am blessed with one child girl. she is two years of age.am a hard working business man here in mtomondoni mtwapa i had been doing this business for the last three year.my education background is form four level of Kenya secondary school.with the earnings from my business i do buy things like food for my family and pay school fees as well as the house rent for me and for my family. and the rest i do buy more stocks of charcoals that i put in my shop for sell.

My Business

my business is of buying and selling of charcoals and firewood here in mtwapa. i buy these products in large quantity in the forest and transport them to my shop here i do split them into different sizes and make the ready for sell. i do sell these goods and products in different portion this means for the locals and to the hotels within and around mtwapa. most of the client like buying this goods to my shop because because my prices are well reduced and affordable.my monthly running cost is Kenya shillings 30,000. and my monthly sales collection is Kenya shillings 55,000. this is now giving me monthly profit of Kenya shillings 25.000 per month which is good profit to me with this business.

Loan Proposal

thank you very much for the well work done for approving my loan am proud of you all. with this being my first loan and because my business is of charcoal vendor i will use most of this loan to buy 10 bundle of charcoals at a cost of kenya shillings 5,000 kenya shillings and the rest i will use it for the transport to bring the goods to my shopping place.

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Loan Info

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