Give my hotel a new look

Lucy Kamau

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Lucy Kamau

Member since

January 2011

On-time repayments

192 installments  •  83%

About Me

I am Lucy Wambui Kamau and I am married with three children. One of the children is still young and finished form four last year. She is still to join college this year. I live in Bahati. our home is situated next to J M Memorial Secondary school , as you alright at Bahati Center bus stage you will see a sign post that direct you to J M Secondary school you follow that route our home is just next to the school.

My Business

I have a hotel business at Bahati. My customers include those who attend the Wednesday and Saturday markets because the two days are market days. During the other days, I get customers from persons from the DCs office and those who visit the head of the district offices. I usually make a profit of about ksh 20000 per month. I also do farming. I plant maize, beans, vegetables, potatoes, onions and sometimes fruits. I use them for food for my family and the surplus I sell. I usually make about ksh 100000 from selling the farm produce over the different seasons. I also keep sheep which I sell after every four to six months. I make about ksh 50000 from the sale.

Loan Proposal

Thanks zidisha members for the good work and also for my incoming loan. I would like to to prepare my hotel by replacing the old and worn out assets in the hotel and buy some new one which are modern and attractive to the customers and also to paint it a new I will also get a new licenses for the this year.2014 which will need more money and without it i cant operate the hotel. For the last loans i have been doing good job with the money and it has really helped me to uplift my family life and also my business my customer has been enjoying my very much due to good service.

Feedback

21

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2,008.93

Date disbursed

Apr 3, 2014

Repayment status

On Time

Projected term

23 months

Cost to entrepreneur

Lender interest: $2,008.93 at 4.95% annual rate over 23 months = $191.23

Service fee: $136.36

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