Project development

Alex

Nakuru, Kenya

15% repaid

Entrepreneur

Name

Alex

Member since

April 2017

On-time repayments

10 installments  •  50%

About Me

Am a self made businessman started with employment at a assembly firm,saved and started a hostel where I rented it out to university students and after 2years of running the business I was able to open a hotel that has now been running for 2years named My Sinai hotel and its my current business that is growing daily and doing well would like to keep going and growing and currently have employed 9 people and would like to grow and also as I grow will also be able to help my community more and we get to grow together

My Business

my business is a hotel with a sitting capacity of 50people, daily we serve and sell to 200 - 400 people, at least once a month we do outside catering to events like funerals,weddings,parties,cook for the local rugby team supper at least 3-4 times a week and make breakfast lunch and supper for them on match day. A small business loan that will be used to fund restocking every few times a year would help generate more revenue and help the business grow much faster. thank you in advance

Loan Proposal

fund my business,help buy a new weighing scale that will help in the day to day running of the butchery and help raise more funds to help expand and expand my businesses.hope will be able to acquire the loan to help me reach my goals and dreams and help me move foward. so thank you in advance for the chance to help me achieve my dreams and goals.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Jun 21, 2017

Repayment status

Late

Projected term

5 weeks

Other loans

Lenders

MarktheMormon

Sandy, Utah, United States

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$0.77

Amount remaining

$4.42

Expected completion

Jul 31, 2017

Status

Repaying late

Installment amount

$1.04

Repayment History

Expected Payments Actual Payments
Jul 3, 2017 $1.04 Apr 3, 2018 $0.77
Jul 10, 2017 $1.04
Jul 17, 2017 $1.04
Jul 24, 2017 $1.04
Jul 31, 2017 $1.04

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