Pressure cooker for my fruit shop and chips parlour

Lucy

Busia, Kenya

100% repaid

Entrepreneur

Name

Lucy

Member since

November 2016

On-time repayments

79 installments  •  84%

About Me

am a kenyan lady from western kenya.I started doing small business wayback inorder for me to get some pocket money to buy books and pencils.where i live theres alot of business and also fishing taking place at lake victoria.my children would like to be doctors when they grow up.my hobby is travelling and visiting new places.

My Business

i get my income through selling chips and other food commodities and fruits.most commodities i get them across the border because they are cheaper so when i come to sell i get profit.this has really helped to boost my income and living standards has improved.the profits u get i use them to pay school fees for my children and buy them clothes i have even purchased furnitures gor my house through the prifits i receivef from the business last month my life has greatly improved and am so happy for that.

Loan Proposal

when i get the loan i would like to buy machines for cutting potatoes which cost about 50 dollars and a machine for cooking the potatoes to make them chips which costs about 75 dollars .This two equipnents will greatly increase my earnings because most of my clients have been asking me to give them snacks that they can take with the juice and also the students in the neighborhood prefer taking chios for lunch because its a quick meal and my business is strategically situated near their school so i find that a very good opportunity to increase my earnings.i expect my business profits to increase by 80% because am conc sure i will attract most customers because most clients dont like food smelling smoke so when i buy my machine my products will come out well and bring the kind of taste and preferences that my clients want and most of my competitors are not providing for them.But i can also be lending out to some of my colleagues and they give me cash if need be this will also be a good business idea which can really improve on my profits by the end of the day.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$27.00

Date disbursed

Dec 28, 2017

Repayment status

On Time

Projected term

3 months

Lenders

J

James

United States

Catmatlab

Riga, Latvia

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