Name
Beauty Luchendo
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 the loan, i want to restock my shop specifically groceries. am benefiting from this loan in the sense that am able to supply the commodities that people want in my area thus satisfying my customers and more sales at the end of the day.
I expect my profit to increase at least by 20%.
Since my shop is the only shop in the area, i get support from almost everyone in the community as they all come to buy from me most of the time thus more sales.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$16.00
Date disbursed
Jan 27, 2021
Repayment status
On Time
Projected term
1 week
Canada
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