Entrepreneur
Name
Lucy
Member since
May 2012
On-time repayments
126 installments • 13%
About Me
My name is lucy irungu i was in Nyeri County in a place called chaka . i started school there as from class one to class eight then i proceeded to secondary school which was just near our area.
iam a first born girl of a family of four children. i finished school in 2009 and did not perform well but could not repeat because my parents were not able to pay my fees.
i therefore opted to do business i was lucky my uncle lend some which helped to start the business with. i was lucky to be given a tender at colleges in Nakuru Bahati to supply cereals which i was able to continue up to date. I am a young lady and single. i like reading ,traveling , playing balls and exploring places.
My Business
I do business. I sell foodstuff such as cereals and greens to institutions and schools through school tenders. i usually wait until the schools receive the money from the government for free education and also when the parents pay the boarding fee which is usually spent on buying of foodstuffs. I like selling the above goods people can not do without them. the typical cost depend with season and place some time the cost is high and the other low. I use the profits to upgrade my level of education which up to date i have gone up to diploma level
Loan Proposal
I intend to use money to supply the different schools and institutions with a variety of food stuffs such as some cereals, some greens, carrots etc which are usually paid for after the schools receive money from the government or parents who pay the boarding fees. I have been given tenders in different schools but they take time to pay. i therefore need to increase my capital to allow me to be able to supply the schools as I await for the payments. When they pay they pay in large amounts at once and this will allow me to pay back this loan on time and within a short time.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$820.00
Date disbursed
Jun 14, 2012
Repayment status
On Time
Projected term
36 months
Other loans
Lenders
San Francisco, United States
Detroit, United States
Ask Lucy a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.