Mohamed

Mtwapa, Kenya

8% repaid

Entrepreneur

Name

Mohamed

Member since

January 2013

On-time repayments

12 installments  •  0%

About Me

my names are Mohamed said hamisi. i live i mtwapa mtomondoni kenya. my occupation is business man. own my big retail shop in mtomondoni.i live with my family here in mtomondoni village.my education background is class eight of Kenya primary school.this means i could not proceed on with my secondary education.due to the family status background.i started this business because i wanted to earn money so that i can be able to sustain my daily needs for me and for my family. with my earnings from my business i do purchase things like food for my family. pay school fees for my children. and the rest i add more stocks of item into my shop and sell to my clients am married an and i live with my wife together. am blessed with five children whom they are all in school three in secondary school and two in primary school

My Business

my business is retail and wholesale price shop. i buy and sell different type of goods and products to the people in the community. and i sell these these goods and products into different category one in retail shop price and in whole sale prices to the other retail who are just buying the goods in order for selling into their shop.most of the clients prefer buying from my shop and retail because my prices are reasonable and fair to the community.this business is profitable because for each and most of the item that am selling am getting profit so it is very profitable. the typical monthly running cost is Kenya shillings 90,000 and my monthly sales collection is Kenya shilling 145,000 so this means this business is profitable and am therefore hand in a monthly profit is kenya shillings 45,000 monthly so with the loan that am now applying to zidisha i ought to use this loan to buy a container of or tank of kerosine so that i can use this loan as well to buy kerosine that i will sell to the people with mtomondoni and its teritory

Loan Proposal

thank you zidisha team for approving my loan at last. am very much proud with you and may the almight God bless you for the well good job done. with this loan am going to add more stock of goods in my shop. and by doing this it will add a little bit of value and different in my shop of which it will increase a little bit different and income to my daily sales.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 24, 2013

Repayment status

Late

Projected term

12 months

Lenders

Sister

Kongsberg, Norway

J

jjonas

berlin, Germany

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

Namaste250

Pittsford, United States

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