Inventory of more cooking items and cutlery

Linet

Umoja 1 Innercore, Kenya

100% repaid

Entrepreneur

Name

Linet

Member since

August 2014

On-time repayments

40 installments  •  73%

About Me

I was born and bread in the the capital city of Kenya, Nairobi. I am currently married with two beautiful daughters 20years and thirteen year old. Due to the passion for organizing cook outs and entertaining friends and relatives as one of my hobbies, I decided to seriously take up event organizing. Soon I started receiving requests from friends and relatives to organize functions. I bought 100 plastic seats and bought 2 tents for 100 and 50 seater capacity for hire. We have since been organizing weddings and corporate functions. I would like the business to grow since bigger functions will requires for items for an efficient function. I am glad that I am also getting more help from the family members, especially my daughter who cleared high school last year is very keen on the job and I would like her to take over one day as a source of income.

My Business

My main goal is to be self reliant in future to minimize the cost of hiring. If I get the loan I will continue to purchase items that we use in the event industry such as video camera, more seats, fabrics for decoration get new tents and catering appliances. This will cost me at least Kenya Shillings 500,000 or more in total. I am grateful to zidisha for the past loans that enabled me to buy two big cooking pots and 10 more seats. With my last loan I added 2rolls of fabrics that are used for decoration. I would like to increase my stock continuously. Since the event industry is quiet dynamic it is important to keep up with the current requirement. This is why I will always be buying current tents since or are now old and outdated.
I am currently operating from the house it becomes very uncomfortable for both parties. clients must come home and view the items they are hiring. We also spend so much money on hiring of transport I would like to minimize on cost one of this fine days.
I have already identified commercial places that can serve as both a storage facility and offices to give me a more professional outfit. I always engage youth in the are from manuals jobs and if we are able to expand I will give opportunities to a few youth on a permanent basis . For now I will engage and work with my daughter who cleared high school and the rest of the family members.

Loan Proposal

I am very grateful for Zidisha Team, I have already received my first loan which has enabled me to add stock o two cooking pots @ USD17, the remaining we have made a deposit to purchase a big jiko (african cooker) This is a peak season for functions and events from school, private parties, corporates and the public holidays ahead in our country there fore we expect a lot partying to be done and we are grateful because this will be an increase in our business
I already have confirmed jobs that require a lot of resources, the loan acquired will assist me in adding more cooking items for catering to reduce hiring charges and also to be self reliant
I am glad because I can now hire to clients, the recent even I did I made about USD 8.00 for hiring the pots and this has also increased my profits.
I am looking forward to a positive response
Thank you Zidisha Team

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Oct 3, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

BoazField

Belleville, United States

SeeMeeFi

Ontario, Canada

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Summary

Amount repaid

$50.45

Amount remaining

$0.00

Date repaid

Nov 7, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 10, 2014 $10.09 Oct 28, 2014 $10.09
Oct 17, 2014 $10.09 Oct 28, 2014 $10.09
Oct 24, 2014 $10.09 Oct 28, 2014 $10.09
Oct 31, 2014 $10.09 Oct 28, 2014 $10.09
Nov 7, 2014 $10.09 Oct 28, 2014 $10.03
Nov 7, 2014 $0.06

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