Entrepreneur
Name
Mary
Member since
September 2016
On-time repayments
197 installments • 84%
About Me
My name is mary, a mother of four, i am a single mother having lost my husband back in 2004, seeing my children grow has been one of the joyous journey of my life, been a single mother has taught how to be a father and a mother to my sons and thats where i learnt the art of business, i come from a giving community where everyone is happy to always help a friend.
My Business
I have a grocery where i specialize in selling vegetables and fruits, but the most notable source of my income is the fruits which i have been able to sell and raise enough capital to open a small hotel, i come from a region where the sun gets very hot in the afternoon and in my case i take this as a blessing and in the afternoon i make nutural juice mangoes and carrot and this had given me a large number of customers who seems to enjoy this. I use my profit to enlarge my business as i am able to pay school fees for my boys using the little amount of money that i get from two dairy cattles that i have kept.
Loan Proposal
Hello dear lenders, i have been well and my business has been doing well, i have had a bigger market of the juice that i have been making and this got a boost from a construction company that has been engaged in my area, there are more than 30 workers who i sell the juice to daily, the demand been very high i have been strugling to get enough fruits, with the new loan i am going to add more stock to my grocery and also hopfully hire an extra person to help in distribution, the total cost of the fruits is estimated to be around 70$ wich would take me for two weeks and inturn make a hefty profit, this is made possible by the fact that with juice production you require very little fruits to produce 10litres of juice and every litre i am going to sell at 75sh, with this profit i am going to use to expand my business and also cater for my adopted kids, i am also hoping to employ another young person to help me in distribution of the juice this will assist in curbing the rate of unemployment in my area, thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$108.00
Date disbursed
Nov 5, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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