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

3

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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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  • Lydia    Jul 31, 2015

    Please my child is still very ill that has bared me from paying but promised to resume as this goes well soon.

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  • Lydia    Jul 5, 2015

    Please my child is very ill that has bared me from paying but promised to resume as this goes well soon.

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    • Hope2012    Jul 12, 2015

      That's ok so sorry to hear of your child's illness hope for a speedy recovery

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  • Lydia    Feb 1, 2015

    Dear lenders i kindly request you to reschedule my loan to a smaller amount because the grace period was very short and yet i have invested the money in my business and and am not yet to start getting the return.I will pay this amount for only this month then come next month i will reschedule to larger amount so that i can clear my loan in only three months.

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  • Lydia    Jan 13, 2015

    I am glad to inform you that your loan help me to expand my business.I say thank you God bless

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  • Lydia    Jan 10, 2015

    I thank all my lender for being generous,loyal and patient.Am here to inform you that your loan was not wasted but i used it to improved my business.So far it has help me attract many more new customers hence increasing my profit.I wish to reschedule my loan because now my business is able to repay it and child also is fine.I am planning to get fund in future to be able to buy new blow drier.Thanks

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  • Carlos Oliveira Reis    Jan 5, 2015

    Glad it is going well with her

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  • Lydia    Jan 4, 2015

    Dear lenders,i take this opportunity to thank you all for giving me support.My doughter got well and right now my business is doing fine.Thank you all.God bless you!!!!!!

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  • Lydia    Dec 12, 2014

    Dear all i am very sorry inform you that my daughter currently ill and she is admitted in hospital now and am been forced out of work now but i hope she will be well soon and i resume to work again.Kindly allow me to make partial payment for a while and when things goes well i will be back on good payment once again.

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  • Lydia    Nov 16, 2014

    thank you all!!

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