Name
Beauty
Member since
January 2021
On-time repayments
24 installments • 38%
My names are Beauty Luchendo. I was born in 1975 and completed my secondary school education and proceeded to do a course in business administration.
Upon completion of my course, i worked for a NGO (World vision) for 3 yrs and when my contract ended thats the time i decided to start a business.
In my community everyone is a brothers keeper such that when certain opportunities come, people get to be informed about it.
I have 2 children and they are all grown up and working.
I run a business of a shop at my house where i stock charcoal, foodstuffs like potatoes, dry fish, dry kapenta, eggs and groceries. this type of business is useful because almost everyone in my community need them and because the market is far from where we live, most people come to my shop for the supplies.
The money i make from selling is reinvested in the business and 20% of daily sales i keep in my account.the business is also helping to build my house and daily upkeep.
when i receive this loan, i want to restock my shop with groceries and food stuffs. when i do, its going to increase the variety of goods at the shop and all my customers will be catered for. it will also increase profits by at least 25%.
i will be able to repay the loan without difficulties because when i restock the shop with things that customers want, am guaranteed of having an increase in sales as am the only one with the kind of business in my locality. and this will make it easy for me to repay the loan.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$65.00
Date disbursed
Feb 23, 2021
Repayment status
On Time
Projected term
2 months
Ask Beauty a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.