Purchase of a popcorn-making machine

Lydia

Mombasa, Kenya

25% repaid

Follow Lydia

How it Works

Entrepreneur

Name

Lydia

Member since

March 2019

On-time repayments

29 installments • 45%

About Me

My name is Lydiah. Am the 1st born in a family of 5 siblings. Am married & a mother of 2 kids. I live in Mombasa County. We own a home there. Am also a trained ECD teacher, but currently a stay-at-home mom running a retail shop.

I have experienced funding firsthand so am aware of its benefits & that it changes lives.

My goal is to be financially stable so that my children can live a comfortable life in future.

Am passionate about Early Childhood Education & Literacy. Am saving so that I build a modern Pre-school that would be a safe haven for children & families in general.

My Business

My business is a retail shop. I recently added an Mpesa to my shop. My initial starting capital was Kshs. 30000. The business generates a monthly net profit of Kshs. 5000.

It's not a busy neighborhood so profits are slow, but steady. It's almost 2yrs since I started operations.

Loan Proposal

I plan to buy a popcorn- making & sealing machines so that I can process & package popcorn to distribute to other retail outlets for sale. Hygiene is outmost priority when it comes to handling food & i intend to maintain that while I sell my product. The venture will help boost sales in my retail shop.