Add more seats and tables to my popular restaurant

Daisy

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Daisy

Member since

May 2014

On-time repayments

107 installments  •  55%

About Me

I never knew being a single mum was such a challenge until i lost my job in january 2014. After applying to several jobs and attending various interviews without success, i decided to start my own business since am a trained caterer. i borrowed materials needed from a shop and made samosas that i sold to Daystar university students staying next to my place. The reception was superb and i must say students loved my samosas. I've never looked back since. I'm glad my best hobby is cooking so i sure enjoy what i do.

My Business

Since my samosa business had never disappointed me, i decided to expand the business a bit and add beef and pork sausages to the list of snacks that i made. The competition favoured me since i was the only one who sold door to door so i sold the most as compared to the rest who sold in small restaurants. Students love snacks so i was sure the business would do well and i will be able to repay the loan as agreed from the profits made weekly. I used the profits to buy more tools for use in the business and saved the rest, so repayment was not such a burden. Starting 2015, i expanded to a small restaurant serving all kinds of food and drinks and even changed location of the business to my home area. The business is doing good though i needed to add other equipment to add efficiency. So when i got my past loans, i bought more equipment and also managed to buy seats and tables since my customers had to sit somewhere to enjoy their meals. I must say the business is doing well and i am happy with the progress.

Loan Proposal

If i get the loan, i would use it to buy more seats and tables in order to be able to accommodate all my customers as customer satisfaction is my number one priority. I will add four more tables costing five thousand kenya shillings and ten more chairs costing ten thousand kenya shillings therefore costing a total of fifteen thousand kenya shillings. the remaining two thousand kenya shillings i will use for transportation of the seats and tables from the buying place to my restaurant. I expect the added seats and tables to accommodate ten more people therefore adding daily income of the restaurant thus more profits to the business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$179.00

Date disbursed

Jun 30, 2015

Repayment status

On Time

Projected term

13 months

Lenders

A

AlexCheng

Seattle, United States

KM

British Columbia, Canada, Canada

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

rhagen

New York, United States

Bobrm2k3

Charleston, United States

H

howard

Vence, France

B

BMcDermott

Washington, DC, United States

mhooper1962

London, United Kingdom

mepster

San Francisco, Ca, United States

MW

Matt Willis

United States

H

Hazel

United Kingdom

V

Vivek

Arlington, VA, United States

Y

YP

Malaysia, Germany

YK

Yonghwan Kim

Republic of Korea

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