Stocking up the hotel

Nyakundi

Ongata Rongai, Kenya

Funds disbursed

$0 to go

100% funded of $104 goal

0

days left

Entrepreneur

Name

Nyakundi

Member since

April 2017

On-time repayments

21 installments  •  5%

About Me

I was born in a polygamous family of fourteen siblings, three girls and eleven boys fifty eight years ago. Life was hard as a child food was hard to find,imagine our home was the best ,richest in our neighborhood. my father was a good handy man, he could do masonry, plumbing chores and carpentry. But because of our big family resources were never enough, I had to repeat standard four because I had been allowed to attend school a whole year and my name was not in the class register. I was forced to repeat. By the time I came end of primary education my older siblings had cleared school and were working. my dad's burden had been reduced. When one looks back to where we have come from it's not easy to believe. I am a mechanical engineering contractor, lapses in between projects has led to a second line of business. Sometime ago I discovered that I had a touch of hospitality and food.. Am an enterprising sole proprietor in the hospitality industry. Have started what I believe to be a future hospitality chain of hotels, branded "Nyabote hotels and Resorts. I have started a small café at Ongata Rongai next to Tuskys supermarket where we sell fast foods a d drinks. This I believe will grow to a big hotel. it's showing signs of growth and as I continue injecting more capital there is potential. I have been managing this business with support of my able workers, whom I am training on good business management from my previous management jobs held earlier in my life.

My Business

I sell, install and service Air Conditioners, Coldrooms, Mechanical Ventilation systems, Fume Cupboards and now Food. some of our clients are hospitals-coldrooms clean rooms ventilation for kitchens and general exhaust ,hotels, embassies and high commissions, school

Loan Proposal

this loan will help me stock my hotel business, this will create jobs for a staff of seven. will buy potatoes for chips@$30, beef@$10, vegetables@$10, sausages@$10, chicken@$20, soft drinks@$7, water @$6and general eatery products@$7.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$104.00

Date disbursed

Nov 16, 2017

Repayment status

Late

Projected term

2 months

Other loans

Lenders

ads68

Melbourne, Australia

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

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Summary

Amount repaid

$0.00

Amount remaining

$103.73

Expected completion

Feb 2, 2018

Status

Repaying late

Installment amount

$9.85

Repayment History

Expected Payments Actual Payments
Nov 24, 2017 $9.85
Dec 1, 2017 $9.85
Dec 8, 2017 $9.85
Dec 15, 2017 $9.85
Dec 22, 2017 $9.85
Dec 29, 2017 $9.85
Jan 5, 2018 $9.85
Jan 12, 2018 $9.85
Jan 19, 2018 $9.85
Jan 26, 2018 $9.85
Feb 2, 2018 $5.18

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