David Collins
Kayoo, Kenya
100% repaid
Name
David Collins
Member since
January 2015
On-time repayments
68 installments • 63%
I am 36 years old marred with three kids. I was borne in homa bay county schooled at Nyagowa primary school, secondary level at Karabok Oyugis, diploma at Eldoret polytechnic, and then finally Moi university graduate with degree in information sciences, apparently working at Mount Kenya University as a Library Assistant and doing restaurant business in Oyugis hometown where my wife is the manager. This business i started after completing my degree in 2012 and there was no job to support may wife's education fee in college doing certificate in education. Maine target is to expand in services and become leading employer in Homa bay county. And because of what my costumers like most in my hotel i plane to start poultry farming and supply my business with hens at list two every day, this will help me not depend on this business alone but to have another income generating activities again.
I stated my business one year after completing my degree education, with the small capital found from my fathers taxi which i was operating. It started in a small scale as a food kiosk operating next to bus stop where there was many customers and know restaurant around, this gave me an opportunity to capitalize on. The business started with 6000/= and was making profit of 1200/= after paying three workers and water bill 100/= ,today its is making 2800/= less all expenses every normal days of the week. my Maine target to add more chairs and tables to meet the demand of may customers witch is growing daily and to start outside catering for funeral services, meetings and weddings around.
this loan is to help in adding stock to the restaurant. by adding stock will help in meeting the market demand. the total cost will take KES 9551/= Maize flour 70kg =KES 3150/= Rice 5kg =KES 1848/= Cooking oil (Elianto) 20liters=KES 4553/=
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$91.00
Date disbursed
May 5, 2016
Repayment status
On Time
Projected term
2 months
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