Rent an additional room to expand my restaurant

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

Dear Zidisha lenders, thank you very much for your help with my first and second loan. I have realized a very positive growth in my business and am pleased to inform you that there is great improvement in both income and number of customers. Therefore there is need to rent an extra room in order to accommodate the increasing number of customers. It will cost me $300 to secure the room that is three months rent. I will add the remaining $200 to my savings to furnish the room with a few tables and chairs. I am committed to repay all my installments in time. Regards

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$494.00

Date disbursed

May 29, 2014

Repayment status

On Time

Projected term

17 months

Lenders

davelowe100

Perryville, United States

adaniels85

Louisville, United States

BrianHibbs

South Bend, United States

valliejc

Edmonton, Canada

Landei

Sandersdorf-Brehna, Germany

Namaste250

Pittsford, United States

P

Prysdahl

Marshall, United States

J

javifdezsainz

Madrid, Spain

Sarasota

Sarasota, Fl, United States

DocHolliday

Legend, United States

O

oonbug

United States

larry

Sweden

A

ajayhk

San Jose, United States

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Summary

Amount repaid

$578.85

Amount remaining

$0.00

Date repaid

Nov 26, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 11, 2014 $5.88 Jun 12, 2014 $5.88
Jun 18, 2014 $5.88 Jun 12, 2014 $0.88
Jun 20, 2014 $5.00
Jun 25, 2014 $5.88 Jun 20, 2014 $5.88
Jul 2, 2014 $5.88 Jun 20, 2014 $1.47
Jul 7, 2014 $4.41
Jul 9, 2014 $5.88 Jul 7, 2014 $5.88
Jul 16, 2014 $5.88 Jul 7, 2014 $1.47
Jul 16, 2014 $4.41
Jul 23, 2014 $5.88 Jul 16, 2014 $5.88
Jul 30, 2014 $5.88 Jul 16, 2014 $2.65
Aug 1, 2014 $3.24
Aug 6, 2014 $5.88 Aug 1, 2014 $5.59
Aug 20, 2014 $0.29
Aug 13, 2014 $5.88 Aug 20, 2014 $5.88
Aug 20, 2014 $5.88 Aug 20, 2014 $5.29
Sep 2, 2014 $0.59
Aug 27, 2014 $5.88 Sep 2, 2014 $5.88
Sep 3, 2014 $5.88 Sep 2, 2014 $5.06
Sep 10, 2014 $0.82
Sep 10, 2014 $5.88 Sep 10, 2014 $5.88
Sep 17, 2014 $5.88 Sep 10, 2014 $5.32
Sep 24, 2014 $0.56
Sep 24, 2014 $5.88 Sep 24, 2014 $5.88
Oct 1, 2014 $5.88 Sep 24, 2014 $5.18
Oct 6, 2014 $0.71
Oct 8, 2014 $5.88 Oct 6, 2014 $5.88
Oct 15, 2014 $5.88 Oct 6, 2014 $4.88
Oct 18, 2014 $1.00
Oct 22, 2014 $5.88 Oct 18, 2014 $5.88
Oct 29, 2014 $5.88 Oct 18, 2014 $4.65
Nov 12, 2014 $1.24
Nov 5, 2014 $5.88 Nov 12, 2014 $5.88
Nov 12, 2014 $5.88 Nov 12, 2014 $5.24
Dec 6, 2014 $0.65
Nov 19, 2014 $5.88 Dec 6, 2014 $5.88
Nov 26, 2014 $5.88 Dec 6, 2014 $5.82
Dec 19, 2014 $0.06
Dec 3, 2014 $5.88 Dec 19, 2014 $5.88
Dec 10, 2014 $5.88 Dec 19, 2014 $5.82
Dec 31, 2014 $0.06
Dec 17, 2014 $5.88 Dec 31, 2014 $5.88
Dec 24, 2014 $5.88 Dec 31, 2014 $1.12
Jan 9, 2015 $4.76
Dec 31, 2014 $5.88 Jan 9, 2015 $5.88
Jan 7, 2015 $5.88 Jan 9, 2015 $0.88
Jan 27, 2015 $5.00
Jan 14, 2015 $5.88 Jan 27, 2015 $5.88
Jan 21, 2015 $5.88 Jan 27, 2015 $2.94
Feb 2, 2015 $2.94
Jan 28, 2015 $5.88 Feb 2, 2015 $5.88
Feb 4, 2015 $5.88 Feb 2, 2015 $5.88
Feb 11, 2015 $5.88 Feb 2, 2015 $2.35
Feb 17, 2015 $3.53
Feb 18, 2015 $5.88 Feb 17, 2015 $5.88
Feb 25, 2015 $5.88 Feb 17, 2015 $5.88
Mar 4, 2015 $5.88 Feb 17, 2015 $5.88
Mar 11, 2015 $5.88 Feb 17, 2015 $2.06
Mar 17, 2015 $3.82
Mar 18, 2015 $5.88 Mar 17, 2015 $5.88
Mar 25, 2015 $5.88 Mar 17, 2015 $2.06
Apr 8, 2015 $3.82
Apr 1, 2015 $5.88 Apr 8, 2015 $5.88
Apr 8, 2015 $5.88 Apr 8, 2015 $1.82
Apr 25, 2015 $4.06
Apr 15, 2015 $5.88 Apr 25, 2015 $5.88
Apr 22, 2015 $5.88 Apr 25, 2015 $1.54
May 5, 2015 $4.34
Apr 29, 2015 $5.88 May 5, 2015 $1.54
May 21, 2015 $4.34
May 6, 2015 $5.88 May 21, 2015 $5.88
May 13, 2015 $5.88 May 21, 2015 $5.88
May 20, 2015 $5.88 May 21, 2015 $0.95
Jun 22, 2015 $4.93
May 27, 2015 $5.88 Jun 22, 2015 $5.88
Jun 3, 2015 $5.88 Jun 22, 2015 $5.88
Jun 10, 2015 $5.88 Jun 22, 2015 $5.88
Jun 17, 2015 $5.88 Jun 22, 2015 $0.95
Jun 29, 2015 $4.93
Jun 24, 2015 $5.88 Jun 29, 2015 $5.88
Jul 1, 2015 $5.88 Jun 29, 2015 $5.88
Jul 8, 2015 $5.88 Jun 29, 2015 $0.95
Jun 30, 2015 $4.93
Jul 15, 2015 $5.88 Jun 30, 2015 $5.88
Jul 22, 2015 $5.88 Jun 30, 2015 $2.01
Jul 26, 2015 $3.87
Jul 29, 2015 $5.88 Jul 26, 2015 $1.66
Jul 31, 2015 $4.22
Aug 5, 2015 $5.88 Jul 31, 2015 $5.88
Aug 12, 2015 $5.88 Jul 31, 2015 $1.42
Aug 12, 2015 $4.46
Aug 19, 2015 $5.88 Aug 12, 2015 $5.88
Aug 26, 2015 $5.88 Aug 12, 2015 $1.19
Aug 26, 2015 $4.69
Sep 2, 2015 $5.88 Aug 26, 2015 $5.88
Sep 9, 2015 $5.88 Aug 26, 2015 $0.72
Aug 31, 2015 $5.16
Sep 16, 2015 $5.88 Aug 31, 2015 $0.36
Sep 10, 2015 $5.52
Sep 23, 2015 $5.88 Sep 10, 2015 $5.88
Sep 30, 2015 $5.88 Sep 10, 2015 $0.07
Oct 2, 2015 $5.81
Oct 7, 2015 $5.88 Oct 2, 2015 $5.72
Oct 16, 2015 $0.16
Oct 14, 2015 $5.88 Oct 16, 2015 $5.88
Oct 21, 2015 $5.88 Oct 16, 2015 $4.78
Nov 1, 2015 $1.11
Oct 28, 2015 $5.88 Nov 1, 2015 $5.88
Nov 4, 2015 $0.31 Nov 1, 2015 $0.31
Nov 11, 2015 $47.06 Nov 4, 2015 $47.06
Nov 18, 2015 $47.06 Nov 4, 2015 $5.88
Nov 20, 2015 $20.00
Nov 26, 2015 $21.18
Nov 25, 2015 $55.01 Nov 26, 2015 $55.01

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