Loan to buy equipment for my restaurant

Stephen

Nyamira, Kenya

Funds disbursed

$0 to go

100% funded of $27 goal

0

days left

Entrepreneur

Name

Stephen

Member since

July 2017

On-time repayments

10 installments  •  0%

About Me

Hello, I am Stephen. I was born in Kenya. I attended Hola primary school. I joined Nyandicho Secondary school. After form four I managed to go to college and now am married. Finding a job was hard and I struggled so much until I decided to open a small restaurant. I have two children. One wants to be a doctor and another wants to be a pilot. I like watching and travelling.

My Business

I sell food staff like tea, cooked potatoes, chapattis, vegetables, fish among others. These foods are in high demand as people taking this meals are casual laborers who do heavy work and need more energy giving food. I chose this kind of business because it is the career I learnt about in college. I use the profits to pay fee for my children and to pay rent for my business premise.

Loan Proposal

I will buy more saucepans, utensils and increase food staff in my restaurant. I will need around $50. This will give me a daily profit of $10. I will benefit in that I will be paying school fee and paying my rent in time because my profit will go up. I expect a double profits.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$27.00

Date disbursed

Jul 12, 2017

Repayment status

Late

Projected term

2 months

Lenders

Humble Bundle Community

San Francisco, United States

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Summary

Amount repaid

$0.00

Amount remaining

$27.29

Expected completion

Sep 25, 2017

Status

Repaying late

Installment amount

$2.96

Repayment History

Expected Payments Actual Payments
Jul 24, 2017 $2.96
Jul 31, 2017 $2.96
Aug 7, 2017 $2.96
Aug 14, 2017 $2.96
Aug 21, 2017 $2.96
Aug 28, 2017 $2.96
Sep 4, 2017 $2.96
Sep 11, 2017 $2.96
Sep 18, 2017 $2.96
Sep 25, 2017 $0.62

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