Fish farm to supply market depleted by overfishing in Lake Victoria
Lorine Lucy
Kisumu, Kenya
7% repaid
Entrepreneur
Name
Lorine Lucy
Member since
February 2014
On-time repayments
29 installments • 7%
About Me
i am a lucy lorine amondi 22 years of age and i live in kisumu as i study also in maseno university town campus a bachelor degree on food and nutrition,.i am from a very big family of ten that includes my father,mother,four brothers,my three lovely sisters and I.i am a business lady since my childhood because i use to help my mother sell fish in kbuye market kisumu and now that is the business i am running on my own just at kona maji area in manyatta community.i love my business because i have been able to be an independent lady at my tender age and also being able to pay my diploma certificates and now am doing a degree just from my fish or tilapia business.iwith the cash i also support my parents and my young onesbuying them clothes,give them pocket money as they go to school and now is like i have got alot of responsibilities till i find am unable to meet and expand my business well thats why i come to join thisexemplary family known as zidisha to fund me and help me grow business wise.thank you zidisha.
My Business
once again lovely zidisha team i come to you and request for a loan of my fish business and i would like to ask for a loan of 200,000/-.due to the rise of many eaters of tilapia in kisumunthe market has increased so fast thus making the fish to be also expensive for us who take them from the lake side.therefore i will use 150,000/- to buy a fish stock both tilapia worth 50,000/-,cat fish,50,000/-,nile perch 50,000/- because i want to increase my supply even to outside markets apart from kisumu.then the 50,000/- i will use to buy preservative such as small boxes that i put ice to store the fish so that it does not spoil before it reaches the market.this business i inherited from my mother and when she left me to do it she left me with a stock of 20,000/- and from there i sat down and strategise my business plan and i have been able to make a constant profit of of 50,000/- every month and removing all the expenses i i deposit to my bank account untouchable profit of 20,000/- cash.therefore with your loan zidisha i believe i am capable of paying the loan on time because i also work to some hotels every weekend just to give them tips about good health and hygien and they do pay my service 7000/- every month therefore with your loan zidisha i believe to fly high and achive my goals.thank you so much zidisha.
Loan Proposal
i will use 5000/- to buy tilapia,3000/- one suck of small fish also know as omena in the dialect language and 4739 i will buy cat fish also and mud fish to boost my stock.this is the new beggining of my business to boom and i want appreciate once again zidisha for the great support you have just given unto me and i believe very soon am going to own a fishery and infacty the biggest one because only the number one zidisha organization has given me reasons towards me achieving my goals.thank you so much zidisha.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 11, 2014
Repayment status
Late
Projected term
6 months
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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