Adding food stock to the restaurant

David Collins

Kayoo, Kenya

100% repaid

Entrepreneur

Name

David Collins

Member since

January 2015

On-time repayments

68 installments  •  63%

About Me

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.

My Business

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.

Loan Proposal

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/=

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.00

Date disbursed

May 5, 2016

Repayment status

On Time

Projected term

2 months

Lenders

JimVandegriff

Trinidad, California, United States

dlpringle

Denver, United States

Paul Buchheit

Mountain View, United States

S

Sven

Netherlands

PG

Paul Graham

United States

J

Juan

Netherlands

John Minges

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Ellen

Michigan, United States

Manayon Domingo

San Miguel Guimba, Nueva Ecija, Ph 3115, Philippines

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