Lilian Olela
Mombasa, Kenya
100% repaid
Name
Lilian Olela
Member since
November 2017
On-time repayments
14 installments • 36%
I was born in 1987 in homabay county and studied at nyahera primary until 2001 and went to nyabola girls secondary school but didn't finish due to lack of school fees I then decided to go to mombasa county in the year 2006 in search of a job and started working as a sales girl in a network marketing firm
After getting married I couldn't continue with the job so in the year 2012 I started this business of cooking chapatis and mandazis which are associated with breakfast in this area so i usually rise up early and close by 10am where I make approximately 900 shs profit everyday
since am intending to improve this business quite fast I want to expand my working capital to enable me make purchases in bulk to attract discount and boost profit margin this will cost $100 and give a profit margin of $10 on a daily basis
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$131.88
Date disbursed
Dec 7, 2017
Repayment status
On Time
Projected term
6 weeks
Cost to entrepreneur
Service fee: $5.56
Lilian opted to pay
$104.18 into the Zidisha Members
Loan Fund in return for a
higher starting credit limit.
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