Stablized my grocery shop

Lydia

Elburgon, Kenya

100% repaid

Entrepreneur

Name

Lydia

Member since

November 2014

On-time repayments

282 installments  •  13%

About Me

My names are Lydia Mucheru,I am 23 years old,singlemother with one child.I was born in Nakuru county raised by single mother,my father died when i was still young.I am third born in my family i went to school in Rurii Primary school and after words my mother had no money to pay for my secondary school fees and that's how my miserable life started.
After finishing my school i went to live with y grandmother who groom me about farming work afterwards life was good because everything i wanted i was provided for me.Since grandma was old and she could not be able to operate on her farm as usual she asked me to take charges on farm work.Though i never loved the farm work because one could be dirtied with mud but i had too.One day i went for a conference and i was challenged by a young lady who had become someone important through farming.Now am a good farmer i produce tomatoes,vegetables,maize,beans.Besides that i run a grocery where i sell tomatoes,vegetables,onions,potatoes,cucumber

My Business

I am a farmer and i run a small grocery in Elburgon town.I do sell vegetables,tomatoes,potatoes,cucumber,fruits.My goods are on demands simply because they are food staffs that is essential to every household and they are really needed in daily life.

I started this business to open a market for my farm produce and also to create employment opportunity for myself.My monthly cost ranges from $60 to $80 and am able to generate $5 per day revenue.Mostly i usually get $3 per day

Loan Proposal

Thank you so much for accepting my loan application and now this is how am going to spend the loan in my business.

-$70 i am going to stock two trays of tomatoes,vegetables and onions.These are quick going products which will earn me other $3 profit per day.

-$30 i am going to buy fertilizer and pesticide for my farm.In one month time i will be harvesting my tomatoes and vegetables of which i will be selling at my grocery.This will enable me to get a bigger profit as i will be picking directly from the farm(producer) to my grocery(market).Thanks

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Nov 17, 2014

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

Tavin

Ottawa, Canada

H

howard

Vence, France

C

charleen

United States

Tsay

Taipei, Taiwan

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