Hotel venture
Rogers
Nakuru, Kenya
$0 to go
100% funded of $11 goal
0
days left
Entrepreneur
Name
Rogers
Member since
October 2016
On-time repayments
4 installments • 0%
About Me
I WAS BORN IN A FAMILY OF FIVE AND ATTAINED FORMAL EDUCATION, HAVE SEVERAL YEARS WORK EXPERIENCE AS AN ADMINISTRATOR, I DECIDED TO VENTURE HOTEL/ FOOD KIOSK BUSINESS WHERE I SELL TEA/ COCOA AND MANDAZI LOCALLY BAKED.
My Business
MY SMALL BUSINESS IS SELLING MANDAZI AND BEVERAGES, I STARTED THE VENTURE IN THE YEAR 2017 JANUARY WITH WITH THE PROCEEDS I GOT FROM POULTRY KEEPING AT A COST OF KES 3,000 AND I HAVE MANAGED TO PROGRESS WELL IN A DAY I CAN DO A TRANSACTION OF AVERAGELY KES. 1,500 NET, I LOOK FORWARD TO EXPANDING THE BUSINESS BY INVESTING MORE TO INCREASE MY RETURNS. THIS MADE ME TO THINK OF GETTING FINANCIAL SUPPORT FROM ZIDISHA.
Loan Proposal
IF I RECEIVE THE LOAN I WILL USE IT TO INCREASE MY INVENTORY BU BUYING 5 LITRE COOKING OIL AND A BUNDLE OF BAKING FLOUR. A BUNDLE OF BAKING FLOUR CAN PRODUCE 200 MANDAZI AND 240 CHAPATIS AT KES. 10/- GIVING A GROSS INCOME OF KES 4,400 A DAY IF I DEDUCT EXPENSES THE NET WILL BE KES. 3,200 ON AVERAGE. AT THE MOMENT MY RETURNS ARE KES. 600/-AT AVERAGE
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Loan Info
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Sep 16, 2017
Repayment status
Late
Projected term
4 weeks
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