Name
Michael
Member since
July 2018
On-time repayments
2 installments • 50%
Hi, everyone, my name is Michael Mugele. Am 57 years old and I am venturing in a restaurant business. I hope to grow with time, but I believe that with your assistance I will make. I have decided to take this path because job opportunities in my country are very small so it better to be self employed. I look forward to your assistance and thank you in advance. I also believe that in self employment, i also create opportunities for my other fellow countrymen by employing them. So in the end I am not only helping myself but others too. My ultimate goal is to be the owner of a chain of five star restaurants. May I also add that the location of my restaurant is in a very strategic place, surrounded by large factories which employ very many and i strongly believe that i will succeed in my undertaking.
My business is a small cafe serving the working class. I started with what I had saved during my working life and a few contribution from friends. As I still have children in school and new job opportunities are not forthcoming, i decided to venture in this undertaking to make ends meet. I strongly believe that with your assistance i will be able to make ends meet. I sincerely believe that my application will receive your favourable consideration. And may also take this opportunity to confirm that when I receive the money, I will put them in what they are intended for. My main intention for applying for this loan, is to purchase more utensils. Because during rush hour i am forced to borrow or even turn away clients.
To upgrade by buying new utensils, cutlery and linen. This is due to competition therefore the need for upgrade to attract more customers
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$1.00
Date disbursed
Nov 15, 2018
Repayment status
On Time
Projected term
1 week
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