New computer and school fees

Lucky

Makindu - Nguuni, Kenya

100% repaid

Entrepreneur

Name

Lucky

Member since

April 2015

On-time repayments

169 installments  •  72%

About Me

I completed my primary school level in the year 1993, and in the year 1994 I joined high school but due to lack of school fees I dropped out. March 1994 I traveled to Mombasa, I got a job in a cybercafé as cleaner. Here's where I worked and trained in computers. Due to my good work and experience, one of my client gave me a used photocopier machine and one computer which I started a business: a small bureau.

My Business

First, I operated in a small bureau, in my bureau I did photocopy and typesetting but the competition was high due to many and well equipped bureaus around. The profit that I get from the shop wasvery low, cannot cartered for my life expenses. That's why I was seeking a loan to upgrade my bureau with more computers and stationery.

Recently I switched to another business: Sugarcane Juice. I do crush 50pcs of sugarcane in one day, the business is going very well.

One pc of sugarcane is sold at kshs. 35 at our nearby market (Kongowea).
50pcs = Kshs. 1,750/= and when i sell the juice I get Kshs. 5,000/=.

I employed a small boy whom I pay Kshs. 300/= per day.
It is a good business, my profit can be Kshs 2950!

Loan Proposal

After the last loan i got i bought a coloured printer, this round i intend to buy a computer and the rest of money to pay for my son school fees whos is not in class one and he is moving to class two next year. I thank you lenders because of your support and making things work smoothly.

Show original English  

About Me

I, completed my primary level in the year 1993, and in the year 1994 I joined high school but due to lack of school fees I dropped out. March 1994 I traveled to Mombasa, I got a Job in a cyber as cleaner that where I worked and trained in computers. Due to my good work and experience, one of my client gave me a used photocopier machine and one computer where I started a small bureau.

My Business

I operate a small bureau, In my bureau I do photocopy and typesetting but the competition is high due to many and well equipped bureaus around. The profit I get from the shop is very low cannot carter for my life expenses. Thats why I,m seeking a loan to upgrade my bureau with more computers and stationery.

Dear Lenders,
I switched to another business of Sugarcane Juice, where by the business is doing very well i do crush 50pcs of sugarcane in one day. One pc of sugarcane sold at kshs. 35/= at our near buy market (Kongowea). 50pcs = Kshs. 1,750/= and when i sell the juice i get Kshs. 5,000/=. I employed a small boy whom i pay Kshs. 300/= per day. It is a good business whereby after my sells which is Total Sells Kshs 5,000 minus Kshs. 1,750 for sugarcanes and minus Kshs. 300 for the boy i remain with Kshs 2950/= Profit.

Dear Lenders,
I thank God and your support for making me be a businessman, This sugarcane Juice business is doing very well, though we operate in a open place using big umbrella to cover us for direct sunlight, But the business is paying thats why i want to add another Sugarcane Crusher Machine to extend my business after getting another good place. The machine costs Kshs. 50,000/= which is equivalent to USD 497. The place we buy sugarcane (Kongowea Market ) they reduced price of sugarcane from Kshs. 35/= to Kshs. 30/= because now i take more than 100pcs a day and i can crush 70pcs a day, thats gives me a good profit of Kshs. 7,000/=. i also added daily payment of my boy from Kshs 300/= to Kshs. 350/= plus lunch of Kshs. 50/= that totaling to Kshs. 400/= per day.

Loan Proposal

After the last loan i got i bought a coloured printer, this round i intend to buy a computer and the rest of money to pay for my son school fees whos is not in class one and he is moving to class two next year. I thank you lenders because of your support and making things work smoothly.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$179.00

Date disbursed

Dec 14, 2015

Repayment status

On Time

Projected term

4 months

Lenders

BelleStarr

Albuquerque, United States

Zidisha

Sterling, United States

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

D

Divergent

Bethesda, United States

ads68

Melbourne, Australia

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

dlpringle

Denver, United States

mepster

San Francisco, Ca, United States

C

Crainster

Chapel Hill, United States

Family Mueller

Petershagen, Germany

Fred

Germany

ME

Manaal Eisa

Washington DC, United States

D

Daniel

United States

J

Juan

Netherlands

C

Christian

Switzerland

AK

Achim Königs

Bonn, Germany

SH

Steven Huntington

London, United Kingdom

KE

Karen Epolito

Syracuse, NY, United States

S

Stephanie

Zurich, Switzerland

H

Huub

Switzerland

SB

Sue Bucholz

Sacramento, United States

HL

heather lake

United States

L

LuZi44

Basel, Switzerland

JB

John Brown

United States

RK

Robin Kinman

United States

E

elissaclair

United States

Ask Lucky a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Lucky    Jan 25, 2019

    I closed my business, at the moment am employed .. so getting money not easy .. i would like to reduce to the amount i can afford each week .

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  • Lucky    Dec 20, 2018

    First i beg for apology for not repaying the loan i took .. It is due to loss occurred after my working place was raided and they took every thing. My computers, Copier Machine, and my sugarcane machine.. But i promise to repay the amount though it will take long before i complete.

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  • Emmy    Sep 7, 2018

    Lucky still promised to pay before the end of this month.

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  • Emmy    Jul 22, 2018

    Hi, lenders, I have tried my best to advice this guy to adjust his instalment amount, in order for him to pay his past due instalment, he agreed to do as requested.

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  • Emmy    Jun 17, 2018

    Dear lenders, this guy lucky have promised to start, making partially payment this week, I have also advised him to adjust his instalment to an amount that he is able to pay weekly.

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  • Lucky    May 24, 2018

    Dear lenders as i said am going to buy a coloured copier machine, this machine will make my work easier and gain more profit because i will be making coloured copies plus prints. Thank you so much for making my dreams come true. Regards lucky

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  • Lucky    May 22, 2018

    Dear Lenders,
    Hope you are doing good same applies to me and my business, Thank you for making my dream come true. I thank you for the support you gave me. I managed to buy the sugarcane juice machine and by business is doing good, now am requesting for a loan to buy a Photocopy Machine for my bureau make (Konica Minolta - Bizhub C220, this machine costs Kshs. 100,000/= which is equal to USD 993 this machine will make my work easier because it is a coloured machine not like the previous one black colour Kyocera Mita. This bizhab machine will be giving a good profit because i will be printing coloured pics and making coloured copies and it can give me a profit of kshs. 2000/= per day. that is kshs. 50,000/- to 60,000/= per month.

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  • Lucky    Mar 9, 2018

    This is the machine i intend to buy

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  • Lucky    Mar 5, 2018

    Dear Lenders, Thanks very much for the loan u gave me, i really appreciate and my business is doing very good, but the challenge is the machine in the picture cost Ksh. 120,000/= that is equal to USD 1,185. So i decided to pay it in 3 installments. I gave the owner Kshs. 50,000/= the remaining cash i will pay Kshs. 35,000/= after 2 months and the last balance after 2 month . I decided to do so because i will be paying my loan and the machine at the same time. But i Jesus name i will manage and my business will be good. Thank you and God bless.

    Lucky Wambua.

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  • Lucky    Feb 23, 2018

    Dear Lenders,
    Thank you very much for your support i received Kshs. 50,692.00 in my Phone, i will buy the machine i said and start the work immediately. Thank you very much for your support and God bless you.

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  • Lucky    Feb 21, 2018

    I requested the loan to buy another machine of sugarcane juice, the machine will help me to add more profit to my business so that i can manage to educate my kids and for my late brother. I thank you very much for your support , i hope God will guide and give me strength to work hard. May God bless you so much.

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  • Kathryn Morrell    Feb 19, 2018

    Continuing good luck on your new venture. I love that you are employing someone and helping lift them up! God bless you.

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    • Lucky    Feb 20, 2018

      Thank you very much Kathryn Morrell, He is a hardworking boy and he manages my work when am not around. He is the one encouraged me to add another machine.

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  • Lucky    Sep 23, 2017

    Dear Lenders,
    Thank you very much for your support, i real appreciate your effort. at the moment i have family issues and i cant take a loan but soon after i finish i will apply for another loan . my business is doing good.
    Regards,
    Lucky

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  • Lucky    Apr 11, 2017

    Dear Lenders,
    Thank you very much i received the amount and i have already bought the machine. I hope my business will be ok.

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  • Lucky    Mar 30, 2017

    I will go direct to the shop and buy the machine. because am not new inthe sugarcane juice business I hope it will make much money and manage to pay the loan in time.

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  • Emma    Mar 26, 2017

    Hi Lucky, you mentioned you employed a small boy... How old is he please? Does he need help with funding his schooling? Is there a reason you're not employing someone older instead? All the best, Emma.

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  • Lucky    Mar 26, 2017

    I switched to another business of Sugarcane Juice, whereby the business is doing very well i do crush 50pcs of sugarcane in one day using hand driven manual sugarcane juice machine . One pc of sugarcane sold at kshs. 35/= at our near buy market (Kongowea). 50pcs = Kshs. 1,750/= and when i sell the juice i get Kshs. 5,000/=. I employed a small boy whom i pay Kshs. 300/= per day. It is a good business whereby after my sells which is Total Sells Kshs 5,000 minus Kshs. 1,750 for sugarcanes and minus Kshs. 300 for the boy i remain with Kshs 2950/= Profit. At the moment i want to buy another machine electric driven machine so that i can make my work easier and make more profit. The machine is being sold at Kshs. 65,000/= so after getting this loan i will go direct to the shop and get the machine, because the manual machine broke down is now Two weeks no work.

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  • Lucky    Mar 6, 2017

    Hello Dear Lenders.
    I thank God and you lenders for making my dream come true. Am writing to update you how is going, after i got the loan, i finished paying the remaining amount for the sugarcane juice machine, and the balance i kept it in my account. My business is doing very well thou my mother fall sick and it took me time not to update how my business is doing. At the moment my mother she is feeling well and i intend to buy another machine and expand my business. I hope lender will increase my loan limit so that i can make to open another business.

    Regards,
    Lucky

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  • Lucky    Nov 14, 2016

    Dear Lenders,
    Am very sorry for not replying in time, but i received Kshs. 50,692/= in my M-Pesa Account , but the total loan money was disbursed was Kshs. 53,360/= . As i said in previous messages that i was going to finish up paying for the Sugarcane Juice machine which i took it in credit basis. The machine will give me a good profit wich i will pay the loan and the rest i save to my bank account. I thank you very much for your continued support.

    Regards,
    Lucky

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  • Lucky    Nov 11, 2016

    Dear Lenders,
    I do thank you very much for this loan, i can say you made my dream come true. I thank you once more because i will finish paying for the Sugarcane Juice Machine which i took it in credit, but know i will pat it completely. I hope my business will be good as the profit i get i will be dividing it for the loan repayment and bank savings, and i hope by those 27 weeks i will finish by 100% . My God bless you for this continued support.
    NB:- Here is the machine picture
    Regards,
    Lucky

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