Lubya wholesaler and foodstuff seller

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

This loan will help me introduce eggs into my shop a crate of eggs goes for 300ksh with this loan I'll be able to purchase 13 crates (13*300=3900ksh)each crate carries 30eggs and I sell an egg @15ksh this means I will be making a profit of (390eggs*15=5850ksh-3900)=1900ksh profit in two weeks

Income Source

As human beings food is a basic need for us therefore I won't have a problem with the customers considering where my shop is situated I have decided to introduce eggs into my stock because of it's demand in my location and to increase my sales am targeting to double my sales sales by supplying eggs to nearby boarding schools which gives students boiled eggs at least once a week now that schools are opened I will double my customers imagine supplying 1000 eggs in a school once a week or(1000*15=15000ksh)and +selling900eggs in my shop per week.with this projection trust me friends I will be able to service my loan on 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

$37.00

Date disbursed

May 15, 2021

Repayment status

On Time

Projected term

1 week

Lenders

B

Barbra

United States

HM

Hemant Mehta

United States

A

Anonymous

United States

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