Farming and shop business

Lydya

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Lydya

Member since

August 2020

On-time repayments

8 installments  •  100%

About Me

I am a mother of 4 kids currently doing farming and also has a shop where I deal with various items such as planting kales, potatoes etc and in the shop sell household items such sugar, tea leaves, cooking fats, onions, tomatoes etc.

My Business

My business entails subsistence farming and the extra is sold as a source of income.Further I have a shop where I sell various household items such as sugar , salt, cooking fat etc. My sales weekly is Ksh 15,000 and my net profit is ksh 7,500.

Loan Proposal

My loan proposal entails sourcing for inventory for my farming and shop items in bulk then split them and sell in retail with a margin to ensure I get profit and also repay loans

Income Source

During covid19 situation we adhere to WHO guidelines as juggle various activities.Food being essential item in our lives always has demand hence this will help us generate revenues to pay off the loan

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$27.00

Date disbursed

Aug 28, 2020

Repayment status

On Time

Projected term

1 week

Lenders

AltruisticSelfishnes

Chicago, United States

T

Tallago3

Munich, Germany

C

cjmenchaca

Austin, United States

Cloudways

Malta, Malta

juliemartha

Lake Mary, United States

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

V

Valis

Singapore, Singapore

sderickson

Berkeley, CA, United States

Mimobo

Schwäbisch Gmünd, Germany, Germany

E

erica

antwerpen, Belgium

Sinan Taifour

Munich, Germany, Germany

Utahna

United States

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  • Lydya    Dec 11, 2023

    The loan will go towards purchase of stock 100%. Examples of stock are sugar, tea leaves, salt, groceries etc

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  • Lydya    Jun 10, 2023

    The loan will go towards purchase of inventory and farming inputs. The inventory will go along way in enabling me achieve margins that can sustain the business and also give me a source of income.

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  • Lydya    Dec 9, 2022

    I will buy seeds for various vegetables , buy stock for the business and use the balance to plough and harrow the piece of land I own

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  • Lydya    Jun 11, 2022

    Will buy inventory for the business and shall share the items bought from the actual amount received

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  • Lydya    Nov 27, 2021

    I will buy materials such as Cement, Nails, Iron Sheets among others for the renovation of the shop

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  • Lydya    Jun 8, 2021

    @Jessica very thankful for your gesture

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  • Lydya    Jun 7, 2021

    @Kirk Moore grateful for your support

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  • Lydya    Jun 6, 2021

    @Laurie receive my kind regards for your support

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  • Lydya    Jun 5, 2021

    @Jari Thanks a lot for your support

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  • Lydya    Jun 5, 2021

    @Bing-shu Pan very grateful for your support

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  • Lydya    Nov 26, 2020

    @Joakim Thiesen request your support

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  • Lydya    Nov 25, 2020

    @L Paul I am very grateful

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  • Lydya    Nov 24, 2020

    @Paul very grateful

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  • Lydya    Nov 7, 2020

    Inside the shop

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  • Lydya    Nov 7, 2020

    Mudwalled shop that needs renovation

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  • Lydya    Oct 27, 2020

    @ Joakim Thiesen many thanks for your support

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  • Lydya    Oct 23, 2020

    @Christelle Hugel thank you very much for your support. I will keep the promise

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  • Lydya    Oct 13, 2020

    I am grateful for your support and quick expediting option

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  • Lydya    Oct 13, 2020

    I am grateful to the lenders for the loan which I used to buy stock

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  • Lydya    Oct 3, 2020

    Very grateful to my lenders. I will buy stock for the retail business

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