Expantion and extentention of the restaurant eating launge
Humphrey
Nairobi-uthiru, Kenya
9% repaid
Entrepreneur
Name
Humphrey
Member since
February 2015
On-time repayments
237 installments • 43%
About Me
I am Humphrey Sasia, born in 1984. I am married and blessed with two kids. I live in Kenya, Nairobi City, Uthiru- Gichagi village. I schooled at Evojo primary and Aiam Secondary schools in respectively. I did a diploma in Business management at the Kenya Institute of Management (KIM). Perseverance, endurance and hard work is and remain to be the only key to my success in life. After completion of my diploma education, i got 100 US dollars from my uncle which i used to invest in the restaurant business. This was indeed a great success. I rented a and refurbished a small structure from thee near by uthiru market from where i started my small business. The main uniqueness in this area is that getting a good space to start a business and /or getting a good structure that fits in the public health specifications is hard. There are plenty of opportunities, however and who ever has an interest in them and with enough financial assistance one can easily succeed. My two children wish to become a doctor and a teacher. My hobby is reading novels and preparing recipes.
My Business
My business for a hotel/ restaurant. I prepare food staffs and beverages for human consumption and sell them to city residents . These products are of high demand due to mushrooming because of the high growing population in the in the city. Also, most of the motorists around believe in spicing their meals in the same area. The main reason why i chose this venture is because of these ready market and access to customers. The main costs incurred are in relation to the purchase of my stock and operational cost for the following day. Most of my revenue and income/ profits come from the sale of ready made food staffs and beverages . The main use of my profit is in improving my business and educating my kids as well as meeting my domestic expenses where necessary.
Loan Proposal
Hi Zidisha? i wish to use the money to expand my restaurant by extending the eating lounge.this is due to the rise in the number of my customers. The number of customers is rising day by day since i am winning most of them from neighbouring food vendors due to exellent services and clean quality foods.This is the break down of my budget;
50 dollars for purchase of new furnitures
70 dollars for the internal finishes
13 dollars for purchase of more utensils.
I wish to pexpand my services and upgrade them to the best standards in order to win more customers in my restaurant.
I want to creat more job opportunities by expanding the restaurant.
Foward ever backwaed never is my new slogan towards achieving the desired goals.
through this expantion i expect to get a profit of at least 50 dollars in a day.
I look foward to success.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$135.00
Date disbursed
Nov 16, 2017
Repayment status
Late
Projected term
25 months
Other loans
Lenders
WOLLONGONG, Australia
Shanghai, China
Germany
Kaohsiung, Taiwan
Italy
United States
United States
United States
Switzerland
Malaysia
Singapore
Summary
Amount repaid
$12.32
Amount remaining
$122.64
Expected completion
Dec 15, 2019
Status
Repaying late
Installment amount
$0.99
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 26, 2017 | $2.96 | Nov 26, 2017 | $2.96 |
| Dec 3, 2017 | $0.00 | ||
| Dec 10, 2017 | $0.00 | ||
| Dec 17, 2017 | $0.99 | Dec 9, 2017 | $0.99 |
| Dec 24, 2017 | $0.99 | Dec 9, 2017 | $0.99 |
| Dec 31, 2017 | $0.99 | Dec 9, 2017 | $0.99 |
| Jan 7, 2018 | $0.99 | Dec 9, 2017 | $0.49 |
| Jan 12, 2018 | $0.49 | ||
| Jan 14, 2018 | $0.99 | Jan 12, 2018 | $0.99 |
| Jan 21, 2018 | $0.99 | Jan 12, 2018 | $0.99 |
| Jan 28, 2018 | $0.99 | Jan 12, 2018 | $0.49 |
| Feb 3, 2018 | $0.49 | ||
| Feb 4, 2018 | $0.99 | Feb 3, 2018 | $0.99 |
| Feb 11, 2018 | $0.99 | Feb 3, 2018 | $0.99 |
| Feb 18, 2018 | $0.99 | Feb 3, 2018 | $0.49 |
| Feb 25, 2018 | $0.99 | ||
| Mar 4, 2018 | $0.99 | ||
| Mar 11, 2018 | $0.99 | ||
| Mar 18, 2018 | $0.99 | ||
| Mar 25, 2018 | $0.99 | ||
| Apr 1, 2018 | $0.99 | ||
| Apr 8, 2018 | $0.99 | ||
| Apr 15, 2018 | $0.99 | ||
| Apr 22, 2018 | $0.99 | ||
| Apr 29, 2018 | $0.99 | ||
| May 6, 2018 | $0.99 | ||
| May 13, 2018 | $0.99 | ||
| May 20, 2018 | $0.99 | ||
| May 27, 2018 | $0.99 | ||
| Jun 3, 2018 | $0.99 | ||
| Jun 10, 2018 | $0.99 | ||
| Jun 17, 2018 | $0.99 | ||
| Jun 24, 2018 | $0.99 | ||
| Jul 1, 2018 | $0.99 | ||
| Jul 8, 2018 | $0.99 | ||
| Jul 15, 2018 | $0.99 | ||
| Jul 22, 2018 | $0.99 | ||
| Jul 29, 2018 | $0.99 | ||
| Aug 5, 2018 | $0.99 | ||
| Aug 12, 2018 | $0.99 | ||
| Aug 19, 2018 | $0.99 | ||
| Aug 26, 2018 | $0.99 | ||
| Sep 2, 2018 | $0.99 | ||
| Sep 9, 2018 | $0.99 | ||
| Sep 16, 2018 | $0.99 | ||
| Sep 23, 2018 | $0.99 | ||
| Sep 30, 2018 | $0.99 | ||
| Oct 7, 2018 | $0.99 | ||
| Oct 14, 2018 | $0.99 | ||
| Oct 21, 2018 | $0.99 | ||
| Oct 28, 2018 | $0.99 | ||
| Nov 4, 2018 | $0.99 | ||
| Nov 11, 2018 | $0.99 | ||
| Nov 18, 2018 | $0.99 | ||
| Nov 25, 2018 | $0.99 | ||
| Dec 2, 2018 | $0.99 | ||
| Dec 9, 2018 | $0.99 | ||
| Dec 16, 2018 | $0.99 | ||
| Dec 23, 2018 | $0.99 | ||
| Dec 30, 2018 | $0.99 | ||
| Jan 6, 2019 | $0.99 | ||
| Jan 13, 2019 | $0.99 | ||
| Jan 20, 2019 | $0.99 | ||
| Jan 27, 2019 | $0.99 | ||
| Feb 3, 2019 | $0.99 | ||
| Feb 10, 2019 | $0.99 | ||
| Feb 17, 2019 | $0.99 | ||
| Feb 24, 2019 | $0.99 | ||
| Mar 3, 2019 | $0.99 | ||
| Mar 10, 2019 | $0.99 | ||
| Mar 17, 2019 | $0.99 | ||
| Mar 24, 2019 | $0.99 | ||
| Mar 31, 2019 | $0.99 | ||
| Apr 7, 2019 | $0.99 | ||
| Apr 14, 2019 | $0.99 | ||
| Apr 21, 2019 | $0.99 | ||
| Apr 28, 2019 | $0.99 | ||
| May 5, 2019 | $0.99 | ||
| May 12, 2019 | $0.99 | ||
| May 19, 2019 | $0.99 | ||
| May 26, 2019 | $0.99 | ||
| Jun 2, 2019 | $0.99 | ||
| Jun 9, 2019 | $0.99 | ||
| Jun 16, 2019 | $0.99 | ||
| Jun 23, 2019 | $0.99 | ||
| Jun 30, 2019 | $0.99 | ||
| Jul 7, 2019 | $0.99 | ||
| Jul 14, 2019 | $0.99 | ||
| Jul 21, 2019 | $0.99 | ||
| Jul 28, 2019 | $0.99 | ||
| Aug 4, 2019 | $0.99 | ||
| Aug 11, 2019 | $0.99 | ||
| Aug 18, 2019 | $0.99 | ||
| Aug 25, 2019 | $0.99 | ||
| Sep 1, 2019 | $0.99 | ||
| Sep 8, 2019 | $0.99 | ||
| Sep 15, 2019 | $0.99 | ||
| Sep 22, 2019 | $0.99 | ||
| Sep 29, 2019 | $0.99 | ||
| Oct 6, 2019 | $0.99 | ||
| Oct 13, 2019 | $0.99 | ||
| Oct 20, 2019 | $0.99 | ||
| Oct 27, 2019 | $0.99 | ||
| Nov 3, 2019 | $0.99 | ||
| Nov 10, 2019 | $0.99 | ||
| Nov 17, 2019 | $0.99 | ||
| Nov 24, 2019 | $0.99 | ||
| Dec 1, 2019 | $0.99 | ||
| Dec 8, 2019 | $0.99 | ||
| Dec 15, 2019 | $29.51 | ||
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