Peter
Naivasha, Kenya
5% repaid
Name
Peter
Member since
August 2017
On-time repayments
129 installments • 33%
My name is Peter, i'm 30 years old. I'm married to Beth and we are blessed with 2 children.
i attended a business management course in Nairobi aviation college and after graduation i decided to set up a hotel business two years ago.
In my free time i love reading novels
I operate a hotel business. I started this business 2 years ago with my little savings i had. People in my area love my hotel because i provide quality food and my services are of high standards.
The main dishes include Ugali and its served with various meat products such as beef and chicken stew and it also incorporates vegetables.
In a month ai make profits of $ 90 which i use to expand my business and assist my family. My customers are locals from Naivasha
Wit the loan, i'm going to buy stock which include cooking oil, flour ,spices and other cereals in a whole sale price.
I will also introduce fish stew as part of the main dishes. These will all cost me a total of $450
Buying in bulk will enable me get discounts and save time used in daily purchases. Introducing fish stew will make me more competitive, attract more customers and satisfy customer's expectations. Increased sales will increase my income and I will be able to expand my business and improve my family's life.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$445.00
Date disbursed
Jan 2, 2018
Repayment status
Late
Projected term
24 months
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