Tumus restuarant

Joshua

Mangu High Scool, Kenya

100% repaid

Entrepreneur

Name

Joshua

Member since

May 2017

On-time repayments

29 installments  •  21%

About Me

I am Joshua munene was born in a village in Embu kenya,am 33 years,I hail from a desperate back ground having struggled with my education.I started my primary school at Kianjokoma attained gradeB.I progressed for secondary at nguviu boys from where I attained a B+ as my o level grade.In 2006 I joined the university and after Four year s graduated with second upper degree in education,got a job and have since been trying to make ends meet by supplementing my job through side hustles.I am married and I started a business of outdoor catering in offering tents and chairs at event such as wedding and funerals

My Business

my business is in event where I supply tents and chairs.It started from very humble beginnings with only one tent and 30chairs and have since grown to two tents and 70 chairs,I hope to break even but as usual my biggest challenge is finance especially in travelling and transport if chairs and tents.The business fluctuate from time depending on demand.However have made a strong customer base in the village owing to rapport made with my clients who trust in my services

Loan Proposal

I would buy things in piece meal for the hotel like sufurias and dishes@ 100dollars .i would buy and keep them safely waitng for i time i would get more cash to finance the venture .Amplanning of soliciting for finance from family members besides have booked a location/site from a relative which also needs some renovations like fixing doors and doing repaintig and cash though little needde is also a major challengeto start with .how i wish i can get some one to help me with atleast 300Dollrs to kick start the business because the 7 dollars i qualify is too little credit limit to start my business at once
BENEFITS TO ME AND OTHERS
Firstly 300 dollars would hep start the business hence generate income to facilitate growth .Seconndly it will attract job opportunities or create opportunities for others to work in the kitchen and facilitate for their upkeep .Thirdly it will help the country economy grow because i believe entreprenuership is a major backbone for an economy like kenya
PROFIT MARGIN
I epect profit margin to increase steadly because of the large population in the area

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

Jun 30, 2017

Repayment status

On Time

Projected term

7 months

Lenders

F

flaguy999

Tampa, United States

Gringotts

United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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