Name
Pamela
Member since
April 2021
On-time repayments
9 installments • 67%
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
I own a business by the name lubya wholesalers lmt located along Luanda majengo highway I also do some tailoring to increase my income
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
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
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$37.00
Date disbursed
May 15, 2021
Repayment status
On Time
Projected term
1 week
Other loans
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Amount repaid
$37.26
Amount remaining
$0.00
Date repaid
May 23, 2021
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
May 23, 2021 | $37.26 | May 23, 2021 | $37.26 |
Anonymous May 24, 2021
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