Loan to repair my water pump

Irene

Nakuru, Kenya

97% repaid

Entrepreneur

Name

Irene

Member since

March 2017

On-time repayments

24 installments  •  75%

About Me

My name is Irene Koech a resident of Nakuru and a former pupil at Karinga primary school, Gilgil girls secondary school in Nakuru county. I started my business five years ago of selling fruits with the help of my husband who financed me in starting up this business to date, i have managed to buy a piece of land where i plat different fruits as well as educate my kids.
i have three kids, two in secondary school and one in class six.

My Business

i sale fruits in Nakuru town at the market where i have a shop and sale my fruits from, I provide different kinds of fruits for example water melon, pineapples, apples, mangoes, oranges and so one. These goods are very useful since they are good sources of vitamins to out bodies and thus builds on our health. i chose to do this business because after carrying out a thorough market research in Nakuru county, i realized the demand for fresh fruits are very high. i chose this business because i could readily access fruits from the local farmers around and also my business was well positioned in town where i could win a lot of customers.
I use my income to take care of my children, my business and also
support my aging mother at home

Loan Proposal

I wish to be given a loan of 15 us dollars that i will combine with my savings so that i can be able to replace my water pump which broke last week. The water pump is worth 25 us dollars. With it, we are able to pump water from the storage tanks into the sprinklers in order to irrigate the land. I expect the drop in income now to go back to normal once i replace the pump and i will be able to save money again and repay the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$17.00

Date disbursed

Mar 25, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

Humble Bundle Community

San Francisco, United States

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