Hotel venture

Rogers

Nakuru, Kenya

Funds disbursed

$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

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Sep 16, 2017

Repayment status

Late

Projected term

4 weeks

Lenders

Humble Bundle Community

San Francisco, United States

Ask Rogers a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$0.00

Amount remaining

$10.77

Expected completion

Oct 15, 2017

Status

Repaying late

Installment amount

$2.97

Repayment History

Expected Payments Actual Payments
Sep 24, 2017 $2.97
Oct 1, 2017 $2.97
Oct 8, 2017 $2.97
Oct 15, 2017 $1.87

Loading...