Name
Lydia
Member since
March 2017
On-time repayments
54 installments • 67%
I am a 26 year old woman. I am married with one children. I went to school at iterio primary school and later attended bombaba secondary school. Due to financial difficulties I would go further with my education so I started a small business of baking and distribution of donuts so help myself en my siblings to complete school.
A few years later I got married and I am blessed with a son. Now my goal is to give him the best that I wouldn't get thus the reason I work hard. I teamed up with my husband to do this business and so far It's going fine despite the ups and downs that happen from time to time.
My business is cooking donuts and distribution of the same. I distribute this products to local schools and shops. My main part is the cooking and my husband does the distribution. From a 2kg of baking flour I make a profit of Kshs 200 that's after taking of all cost incurred, in a good day I can sell upto 6 packets but averagly I sell 5 packets. This gives me a profit of Kshs 1000. In a month I make at least Kshs 30000
I would to invest this loan in an electric oven, this will help me introduce more products to my business, for instance I will introduce queencakes, birthday cakes and cakes generally, thus will help meet meet my clients orders as well as widen my clientele as well. An oven will cost me KES 14,000 with a loan of KES 8000 I will use some of my savings to top up to help me buy the oven.
I hope you will find my idea worth funding.
Thanks in advance.
Positive
1
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$84.00
Date disbursed
Dec 5, 2017
Repayment status
On Time
Projected term
7 months
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David Mar 7, 2018
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