Buying laminating machine

Lucy

Kitale, Kenya

100% repaid

Entrepreneur

Name

Lucy

Member since

November 2017

On-time repayments

16 installments  •  100%

About Me

I was born and brought up in Trans Nzoia county, Saboti constituency in Kitale town.I am the second born in a family of 8 consisting of four boys and four girls.I went to Saboti primary school.My early school life was hard since my dad passed away while still in grade 7. I passed well in the end of year exams and was admitted to a national secondary school.Paying school fees was a problem but I appreciate my mother who through selling tomatoes from our small shamba and getting funds from well-wishers ensured that I graduated from High school.
After high school, I started a small business at Saboti shopping center of selling tomatoes.Through the earning I got I was able to join college part-time and studied computer skills.
Now i am married and have two children.

My Business

I started a cyber cafe business in Kitale town CBD after graduating from college and attaining a diploma in computer studies.I started this business since I possed the required skills and the demand for the services was high.The Kenyan government is now digitalizing their systems and this has been a boost to my cyber business.
I offer internet services, photocopy, and typesetting.
I use the profits to pay school fees to my two children and my younger siblings.
I also re-invest the savings so as to grow the business .

Loan Proposal

Thank you my previous loan. Through this loan I was able to pay my rent and other monthly bills. When I get this second Loan I will buy Laminating Machine which will help me increase my profits.
The estimated budget for this Item is :
Laminating Machine @ ksh 5000/=($50)
My profits will increase with 30% increase.
Regards.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$38.00

Date disbursed

Mar 3, 2018

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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