Entrepreneur
Name
Lucy
Member since
February 2015
On-time repayments
199 installments • 10%
About Me
I was born and raise in Nakuru county and was raised by my grandmother.After completing my o level education i manage to score a high marks that enable my long distance uncle being interest to pay for me a college fee.I joined Nakuru medical college for diploma in nursing and one year later the uncle was involved in a tragic road accident and passed on so was forced to drop out of college and i travel to Molo to visit my aunt and try my luck in job search.Life was not easy so i started a very small business of selling mandazi by roadside.And that is how the idea of starting an hotel started,now live and run an hotel in Molo
My Business
In my business i sell food staff to the local.I make tea,chapati,mandazi,ugali,meat..This business i started more than 3 years ago.I started the business so that i can earn a living after failing to get a job and also to save for my college fee.My main business ch allege is the luck of enough capital.My main customer are the transport operators and cyclist.My main future goal is to run a guest house and be able to save and go back to study
Loan Proposal
I am glad today for this golden opportunity that am given.It's my joy that from now on i will be able to grow my business,may God bless each and every one who is making this possible for the small entrepreneurs who are unable to get business loans.Please i kindly welcome lenders to support my budget below,
$50 will be used to buy three bales of baking flour which i will use to bake mandazi and chapitis.Because this purchase will be made direct from wholesale i expect to save $2.
$20 i will use to buy 40 liters of cooking oil which is used in baking preparation and general cooking.The remaining $30 will be used to buy sugar,baking powder,rice and maize flour.With this loan i expect to increase my profit by at least 40%,thank you all
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 28, 2015
Repayment status
On Time
Projected term
2 months
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