Restaurant development

Iwan

Bandung, Indonesia

Funds disbursed

$0 to go

100% funded of $150 goal

0

days left

Entrepreneur

Name

Iwan

Member since

November 2015

On-time repayments

6 installments  •  0%

About Me

I am a man with educational background in Hotel management and Commercial Culinary with more than 20 years working experiences. Last seven years, I employed myself as Hotel and F

My Business

The loanI proposed here for starting my business, since I believe and I have done a little survey that the business I will do is feasible is look from any aspect such as:__1. Target Market (By social class: Middle Up; By Age: 15 - 50 yo; By Demography: the whole town; by communities)__2. Product; We are going to sell various danish pastry but we are not said as is it: The name is Danks Wienerbrod, this name I used for attracting the customer, as I have found out the danish pastry only sold in 4 star Hotel and Higher, so, in opinion I believe, it is a new product for most of people in town or even in the country.__3. Sales and Promotion strategy; Sosial Media, Digital marketing, supply to three star hotel and below.__4. Simple P/L calculation is Food Cost 30%, Fixed Cost 55% (Wages, Lease, Overhead, Marketing)__5. ROI Rate is 15% per month

Loan Proposal

I can not do anything with the rest of fund after deposit at more less USD 40.00 because the initial investment what I have planned as follow:__1. Space lease USD 900.00 / month__2. FF

Show original Bahasa Indonesia  

About Me

I am a man with educational background in Hotel management and Commercial Culinary with more than 20 years working experiences. Last seven years, I employed myself as Hotel and F&B Consultant. Three years ago, my wife has pre-eclampsia (Hypertension during Pregnancy) which caused kidney failure. At that moment, our family have spent a lot of fund to taking care my wife, we spent saving, sell car, and house to cover the cost. Since most of time spent to take care my wife, automatically I quite difficult to get client. So, I decide to have a F&B business with starting a small restaurant or cafe in my home town, Bandung, Indonesia. I believe, with my expertise as a Chef (I have European Experience) and my other experience as marketing director in one popular F&B Enterprise in Indonesia, I can perform my business as Planned.
I will save my earning for my sons's (I have three sons) education especially the youngest one which born at the time his mother got kidney failure and pay my loan to my parent in law for the cost spent to my wife kidney transplant a week ago.

My Business

The loanI proposed here for starting my business, since I believe and I have done a little survey that the business I will do is feasible is look from any aspect such as:
1. Target Market (By social class: Middle Up; By Age: 15 - 50 yo; By Demography: the whole town; by communities)
2. Product; We are going to sell various danish pastry but we are not said as is it: The name is Danks Wienerbrod, this name I used for attracting the customer, as I have found out the danish pastry only sold in 4 star Hotel and Higher, so, in opinion I believe, it is a new product for most of people in town or even in the country.
3. Sales and Promotion strategy; Sosial Media, Digital marketing, supply to three star hotel and below.
4. Simple P/L calculation is Food Cost 30%, Fixed Cost 55% (Wages, Lease, Overhead, Marketing)
5. ROI Rate is 15% per month

Loan Proposal

I can not do anything with the rest of fund after deposit at more less USD 40.00 because the initial investment what I have planned as follow:
1. Space lease USD 900.00 / month
2. FF&E (Furniture, Fixture and Equipment) USD 9,500.00
3. Working Capital USD 5,000.00
5. Marketing USD 3,000.00
6. Legal/Permit USD 2,000.00

Total Investment needed USD 20,400

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Dec 22, 2015

Repayment status

Late

Projected term

6 weeks

Lenders

B

blahblah

Nuernberg, Germany

D

Divergent

Bethesda, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

pvilliger

Zurich, Switzerland

mepster

San Francisco, Ca, United States

NR

Nina Roth

United Kingdom

C

carle

United States

R

robert

United States

F

fabrice

United States

G

garry

United States

P

patricia

United States

R

robin

United States

Z

zelie

United States

B

blanche

United States

F

fabrice1

United States

G

garry1

United States

G

garry2

United States

G

garry3

United States

L

leonme5

United States

L

leonme3

United States

L

leonme8

United States

L

leonme9

United States

L

leonme1

United States

L

leonme2

United States

L

leonme7

United States

L

leonme6

United States

L

leonme10

United States

L

leonme4

United States

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  • Iwan    Feb 12, 2016

    Dear administrator,____I do apology for delaying my payment, I was ill for couples week and I couldn't work as usual. Since yesterday I have recovered and start work again. so, Please give me some time at least a week from today to pay my first loan payment.__Once again, I regret and please accept my apology. Your kind attention and consideration is highly appreciated.____Kinds regards, iwan

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