Nyakundi
Ongata Rongai, Kenya
$0 to go
100% funded of $104 goal
0
days left
Name
Nyakundi
Member since
April 2017
On-time repayments
21 installments • 5%
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.
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
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.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$104.00
Date disbursed
Nov 16, 2017
Repayment status
Late
Projected term
2 months
Other loans
Amount repaid
$0.00
Amount remaining
$103.73
Expected completion
Feb 2, 2018
Status
Repaying late
Installment amount
$9.85
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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