To purchase a blender to prepare fresh juice

James

Nakuru County Nakuru Town, Kenya

100% repaid

Entrepreneur

Name

James

Member since

September 2013

On-time repayments

127 installments  •  56%

About Me

I am aged 26years. A Kenyan by nationality,living in nakuru county.I did my o level in 2006 then joined National youth service school of catering where I did food and beverage production service and sales craft level. I did my first job at Samburu simba lodge for 1year 4 months, having acquired skill in the hotel industry and seeing good potential in establishing my own business in the same field, I quit the job and started a fast food outlet which am operating till now. I use my earnings from the business to purchase better equipment i.e fridge,oven, microwave in order to satisfy the increasing demand of my customers. The remaining amount caters for my personal needs like food,clothing and shelter.The rest of my savings goes to education to advance my knowledge. I am currently pursuing a diploma in food production and hotel management.

My Business

The business has been doing good although some challenges i.e.Inadequate capital to improve my business.Equipment shortage e.g better oven, microwaves, gas cooker etc that will help me improve the quality of my food These are the 2 major challenges that am facing currently. I humbly request for a loan in order to work on the mentioned challenge s to meet my target and meet my demand to my customers , i make around 20000sh to 25000sh in a month, am focused and working hard to gain more experience and also to enlarge to a reliable business.

Loan Proposal

Thank you so much Zidisha team and lenders for giving me this great opportunity to borrow some funds that will help me boost my business. I will use the money that Zidisha lenders will lend me to purchase a good quality blender to prepare fresh juice since most of my customers have been asking for refreshments i.e fruit juice when they come to buy food in my fast food outlet. This will help me satisfy my customers my meeting their demand, and at the same time make some additional profit that will improve my business. I promise to remain committed to make good use of the loan and pay all my dues on time.

Thank you so much.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 12, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

Ingela

Falun, Sweden

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