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.
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
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$179.00
Date disbursed
Dec 14, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Austin, United States
Fontvielle, Monaco, Yemen
Taiwan
Washington DC, United States
New Zealand
Bonn, Germany
Netherlands
United States
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.
Dirk Nov 7, 2018
Loading...