Inventory of stock for my hotel

Lazarus

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Lazarus

Member since

December 2014

On-time repayments

340 installments  •  19%

About Me

Im the last born out of 11 children to my parents. I grew up in a remote village in kitale , western kenya. my parents have never been employed and this really affected my Education since it was very difficult for them to pay fees for me and other elder sisters. This forced me to work in peoples farms in order to raise my school fees. I had to come home very first after evening classes to go and work in farms everyday and i could only raise less than 10 USD for my fees. my parents were old and could not manage to take care of them and other siblings . after I complited form four i stated a Kinyozi and worked as a barbar after i got some savings from the work

My Business

I started a Hotel that as a start up business after saving some money from my Kinyozi Business. The Hotel was doing good until When Covid 19 struck and the government closed all Hotel Businesses in the country. This really affected my Business negatively.
I then decided to Start Farming Business where I grow Maize and Beans on large scale Farm. This Business is now doing good and Supply maize to Schools and colleges.
It has doubled my profits and also created employment for youth in the community where they come, work and I pay them.

Loan Proposal

1 bale of Baking flour-16.36 dollars
1 Bale of maize flour-12.27 Dollars
1 bale of sugar-27 Dollars
I bag of Dry maize-34 Dollars
This are the main Items that will make me operate smoothly. This will be of great importance to me because it will sustain my life together with my family and also give good service to the community.My profit will increase by 30%.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 4, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

McJulio

New Jersey, United States

Cadwah

Barcelona, Spain

K

knute

vestre jakobselv, Norway

F

flaguy999

Tampa, United States

T

Taupe

Balzers, Liechtenstein

O

ocnis

Seattle, United States

Rena121

Sydney, Australia

dmirpuri

Bangkok, Thailand

S

SAJudy

Argenta, Canada

dlpringle

Denver, United States

AllieJ

Camberwell, Australia

D

ducks127

United States

KM

Kirsty M

United Kingdom

Ask Lazarus a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...