Capital injection to my restaurant

Nazarena

Kajiado, Kenya

Funds disbursed

$0 to go

100% funded of $52 goal

0

days left

Entrepreneur

Name

Nazarena

Member since

July 2017

On-time repayments

3 installments  •  0%

About Me

I was born in Western Kenya 53 years ago. I went to school to class seven back when the education system was not well developed in Kenya. After that I was married and was blessed with six kids. We relocated to Nairobi with my husband when he found a job as a mechanic. When family needs overwhelmed my husband who was the sole provider , I borrowed him money to help me start a food kiosk which I opened to supplement our income. My children are grown up now and working except two young ones who are in college and want to be teachers. I like knitting during my free time.

My Business

I generate my income fro m selling ready made food in my food kiosk. My food kiosk is located in a prime area where construction workers always converge and eat therefore am never short of customers. I chose this business because I love cooking and figured that my customers would love my food. Costs include wages, buying food products, local rates and rent. I save most of my profits to expand my business and to supplement the families income.

Loan Proposal

I will use the money to improve my stocks so as to provide a wide variety food products for my clients. I am also planning to expand my restaurant so am saving and repay the loan to increase my credit and finance my expansion. I expect to increase my profit double fold to about $150 per week.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$52.00

Date disbursed

Jul 30, 2017

Repayment status

Late

Projected term

3 months

Lenders

Humble Bundle Community

San Francisco, United States

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Summary

Amount repaid

$0.00

Amount remaining

$51.99

Expected completion

Oct 30, 2017

Status

Repaying late

Installment amount

$24.70

Repayment History

Expected Payments Actual Payments
Aug 30, 2017 $24.70
Sep 30, 2017 $24.70
Oct 30, 2017 $2.60

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