Cooking oil and baking flour

Lydia

Ogembo, Kenya

100% repaid

Entrepreneur

Name

Lydia

Member since

March 2017

On-time repayments

54 installments  •  67%

About Me

I am a 26 year old woman. I am married with one children. I went to school at iterio primary school and later attended bombaba secondary school. Due to financial difficulties I would go further with my education so I started a small business of baking and distribution of donuts so help myself en my siblings to complete school.

A few years later I got married and I am blessed with a son. Now my goal is to give him the best that I wouldn't get thus the reason I work hard. I teamed up with my husband to do this business and so far It's going fine despite the ups and downs that happen from time to time.

My Business

My business is cooking donuts and distribution of the same. I distribute this products to local schools and shops. My main part is the cooking and my husband does the distribution. From a 2kg of baking flour I make a profit of Kshs 200 that's after taking of all cost incurred, in a good day I can sell upto 6 packets but averagly I sell 5 packets. This gives me a profit of Kshs 1000. In a month I make at least Kshs 30000

Loan Proposal

First let me say thank you for the help you have been giving me and the patience and understanding you gave me during my difficult times.
Am ready to resume business and I would wish to request for a loan of KES 4600, this amount will help me buy cooking oil and baking flour to help me run my business.
It's my sincere hope that you will fund my loan. God bless you

Feedback

1

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  • David    Mar 7, 2018

    Although the loan took a little longer than originally planned, Lydia posted comments to explain the situation. I appreciate the communication and reliable repayments.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$47.00

Date disbursed

Oct 1, 2017

Repayment status

On Time

Projected term

2 months

Lenders

PG

Paul Graham

United States

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