Honamba Lubya foodstuff wholesalers

Pamela

Luanda, Kenya

100% repaid

Entrepreneur

Name

Pamela

Member since

April 2021

On-time repayments

9 installments  •  67%

About Me

Am Pamela achieng from Kenya vihiga county Luanda subcounty I was raised by my grandparents after my parents passed away I become an orphan at a tender age of 3years I didn't attend high school because of poverty my grandparents could not afford it was forced to search for employment at a young age I a retail shop this is where I gained my business skills

My Business

I own a business by the name lubya wholesalers lmt located along Luanda majengo highway I also do some tailoring to increase my income

Loan Proposal

With this loan I intend to increase my shop stock I will buy 2 bales of ajab 2kgs wheat flour @1550 per bale on Average I sell 4 bales per day @ 1680 ksh making a sweet profit of 520 ksh a day in one 7 days I will have made 3640ksh from which I will use it to repay the loan so that I can borrow again the remaining amount I will use it to buy2 boxes of latto milk 500 ml each containing 12 pieces @520 ksh will sell each @700ksh

Income Source

Will buy 2bales of wheat flour @1550 each resell it @ 1680ksh each am capable of selling an average of 4 bales in a day which is equivalent to 520 ksh profit in a day if a sell in seven days I will get a profit of 3640 ksh which I will use to repay the loan in a week's time

Feedback

1

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  • Anonymous    May 24, 2021

    Pamela repaid her loan early. I wish you good luck with your future

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.00

Date disbursed

May 5, 2021

Repayment status

On Time

Projected term

1 week

Lenders

Urszula

United Kingdom

A

Anonymous

Netherlands

GD

Gail Davis

London, United Kingdom

A

Anastasia

United States

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