Lucy Maganga

Kaloleni, Kenya

67% repaid

Entrepreneur

Name

Lucy Maganga

Member since

April 2013

On-time repayments

24 installments  •  8%

About Me

my names arec lucy maghanga i live at kaloleni town center. am married and i live with my husband here at kaloleni.my education background is form four level of Kenya secondary school school. i started this business i wanted to raise enough money so that i can be able to sustain my daily living and for my family. with my earnings i do pay school fees buy food for my family and the rest add more goods at my shop so that my business can go on and on.am a hard working business woman here at kaloleni having been doing this business for the last three years and my business it had been of successfully since started it

My Business

my business is a retail shop here at kaloleni opposite ST JOHNS secondary school.i sell goods at my shop like bread wheat flour maize flour cocking oil. sugar dried beans. these business it is well demanded here because the types of goods that am selling and have mentioned are the common foods that are being use every day by the locals here so the demand is very high daily here. it is a profitable business because i get more income after selling. my monthly running cost is Kenya shillings 30,000. and my monthly sales revenues is Kenya shillings 55,000 this business giving me a monthly profit of Kenya shillings

Loan Proposal

I' am happy that i have manage to get a loan from your institute, promising to be faithfully and pay back this first loan on time. From this amount of money i' am going to buy more stock of flour and sugar because there is high demand of this products during this season, i' am happy because you have boosted my business. Thank you all.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.08

Date disbursed

Jun 21, 2013

Repayment status

Late

Projected term

24 months

Cost to entrepreneur

Lender interest: $100.08 at 4.52% annual rate over 24 months = $9.41

Service fee: $7.27

Lenders

joerg

Berlin, Germany

ErikN

Stockholm, Sweden

Crestwood

Hamburg, Germany

DavidRisstrom

Melbourne, Australia

KirstenShute

Montreal, Canada

J

Jeb33red

Bourne end, United Kingdom

KarmaComa

Gent, Belgium

mewesten

Waynesboro, United States

ksherwin

West Lake Hills, United States

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