Acquistation of chairs and tables for my hotel

John Kariuki

Kamwangi, Kenya

100% repaid

Entrepreneur

Name

John Kariuki

Member since

January 2015

On-time repayments

86 installments  •  86%

About Me

My names are John Kamau Kariuki 58 years of old from Kenya. I reside in Kamwangi Estate, 20km west of Thika town. I am happily married to Mary Njeri and blessed with three children, 2 have completed university while last born daughter is a second year student in one of the university in Nairobi Kenya. I am a civil servant and doing business as my part time job. Through savings from my salary I was able to set up a hotel business in my town area. This hotel has attracted lot of customers due to quality food, good customer’s service and good competitive food and beverages price. I have been able to employ 8 workers in that hotel because of the flow of customers everyday. I am planning to offer outside catering in various occasions like weddings, parties, graduations, birthdays and dowry ceremony among others. I have a vision of establishing many other hotel businesses in towns around my area and Kenya at large. This expansion will not benefit me alone with vast vast good returns but will also create job opportunity to many young people.

My Business

Am running a hotel business in Kamwangi town which I started 2 years ago. It was started from a humble beginning with only one bench but today it can accommodate 50 seated customers at ago. This hotel has been experiencing vast growth due to quality food, customer service and reasonable prices. I have been able to employ 8 workers so far. The quantity of food has been also another reason where customer flows due to availability of goods and services. I have cut short expenses by providing some products direct from my farm such as milk, eggs, onions, tomatoes and other horticulture products. This has reduced my expenses with 35% and thus increasing my profit margin. I am planning to expand my services by doing outside catering in various occasions like weddings, parties, graduations, birthdays and dowry ceremony among others and also establishing many other hotel businesses in towns around my area and Kenya at large. This venture will require more money to be realized so am looking forward for a platform to borrow from Zidisha Team.

Loan Proposal

Hello esteemed lenders wish to thank you for the previous loan which i paid without arrears due to the increased profit in my hotel.

I completed the extension of my hotel by the help of the previous loan that you granted me. I am now looking forward to secure another loan which will help me in furnishing the new eating place. I am optimistic to be granted this loan on time and will go hand by hand to complement my savings towards the purchase of 6 set of dining tables that includes (6 tables and 24 chairs).

This how I intend to use the loan:-
1). Buy 3 round tables @ USD 60 = 180 dollars
2). Buy 6 chairs @ USD 20 = 120 dollars
3). The remaining will be used for transport.

This will increase the number of customers who will be served daily hence raising our profit margin to approximately 60%.
Thank you for supporting my vision. God bless you.

Feedback

6

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$321.45

Date disbursed

Aug 4, 2015

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $13.35

Lenders

D

Delph007

Den Haag, Netherlands

A

arenk

Karlsruhe, Germany

valentin

Stockholm, Sweden

J

jgpryor

Williamsport, PA, United States

investor

Candiac, Canada

J

johan

Oslo, Norway

torelizer

Reggio Emilia, Italy

M

MarkAndMary

Seattle, United States

D

drakekids

Greensboro, United States

ken701

Lede, Belgium

K

Krokslatt

Mölndal, Sweden

bdm4a

San Fransisco, United States

AdamP

Sunnyvale, United States

Dwhittingslow

Saint Simons Island, Ga, United States

Umair Mahmood

Raleigh, United States

BelleStarr

Albuquerque, United States

cyrus0302

San Francisco, United States

D

DrFeelGOOD

San Jose, United States

E

erozlum

Istanbul, Turkey

C

CavLender

Charlottesville, United States

E

Ehaffey

Washington D.C., United States

DeanDropshot

Oslo, Norway

Tilius

Oslo, Norway

J

JBosshardt

Redmond, United States

J

jonase

Boise, United States

W

world

Kansas City, United States

F

Fiodal

Helsinki, Finland

L

louisela

Eugene, Oregon, United States

T

treyh

San Diego, CA, United States

R

ryanalysis

Port Jefferson Station, United States

G

gt2016c

Birchgrove, Australia

A

AJCortens

Boise, ID, United States

R

rcmssr

Woodbury, United States

MichaelDean

San Jose, United States

A

Aloha

Cologne, Germany

M

markj

Camberwell, Australia

J

Jacquinta

London, United Kingdom

M

MichaelCausey

Camarillo, Ca, United States

Zidisha

Sterling, United States

S

Steveandson

Arlington, United States

H

HappythroughHelp

Torrance, United States

Foxjam

St. Paul, United States

P

PeaceandLove

Morro Bay, United States

BJ

Brandon Joz

North Carolina, United States

SP

Steve Picchione

Lake Elsinore, United States

Aggul

London, United Kingdom

Jeff and Marcie

Portland, OR, United States

S

Southernyank

CHAPEL HILL, United States

B

blahblah

Nuernberg, Germany

J

jjiffer

Seattle, United States

N

NancyG

Victoria, Canada

RockinRobin

Centennial CO, United States

R

Rossman

Poland, United States

HansLindgren

Uppsala, Sweden

TheWhiteCat

Surrey, United Kingdom

MichaelR

Los Angeles, United States

J

JayJay

Cleveland, United States

C

CheesemanDan

Shanghai, China

JimVandegriff

Trinidad, California, United States

A

Alicee

Munich, Germany

D

danny

Karlsruhe, Germany

P

proby24

Singapore, Singapore

K

Kibbleni

Madison, United States

S

SelvaMarcus

Green Cove Springs, United States

beverly

Vancouver, Canada

CharlieBfl

Vaduz, Liechtenstein

J

jjonas

berlin, Germany

T

tmsaddress

Orlando, Florida, United States

eaganlender

Kalamazoo, United States

HE

help each other

Glasgow, United Kingdom

F

fisaire

Ithaca, United States

F

farwest

Alamo, United States

pbosakov

Sofia, Bulgaria

dajawein

Gladstone, Australia

indeh

London, United Kingdom

J

Jaslogic

Castle Rock, United States

Kahenti

Seoul, Republic of Korea

rasmus

Bern, Switzerland

Erica

Caledon, Canada

Cloudways

Malta, Malta

S

Sabine

Courtenay, Canada

B

bugsheep

Houston, United States

W

wogman

Evanston, United States

lorello

Vicopisano, Italy

B

BClay

Campbell, United States

J

jwharding

Hamburg, Germany

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

Alina

Amsterdam, Netherlands

D

djschin

Heber City, United States

RandyPetersen1

Colorado Springs, United States

H

hivervan

watou, Belgium

B

Bluejay

Magrath, Canada

Y

Yevrahs

Dallas, Texas, United States

A

Aziza

Washington, United States

V

vshafor

Carlsbad, United States

ohlandtmann

Moorestown, United States

J

jerryq

Redding, United States

doflynn

Dublin, Ireland

E

emtesenair

Charlotte, United States

Vintagebeeinc

Youngsville NC, United States

L

lilbsedz

Raleigh, United States

HMS_5th_Grade

Honolulu, United States

Vla911

Milan, Italy

Maxey

Amstelveen, Netherlands

J

Jyoti

Herndon, United States

chadgibbs

Loveliest Village, United States

A

alkemyst

Geneve, Switzerland

C

Cohoes

Albany, United States

F

FredBetty

San Antonio, United States

G

glh25

Winooski, United States

fairspirit

Utrecht, Netherlands

davidt

San Francisco, United States

G

Gwencalon

Garching b. Muenchen, Germany

B

Britteva

Oslo, Norway

Elaine

John Day, United States

D

d3witt

Cheyenne, United States

K

KnutG

Bergen, Norway

Muslim

Riyadh, Saudi Arabia

nmatpt

Lisboa, Portugal

B

BassFamily

Tremonton, United States

S

solarkismet

Logan, United States

M

MarkGallagher

Glasgow, United Kingdom

Y

Yecats

New York, United States

E

ElliottGarlock

Palo Alto, CA, United States

A

arwaandali

Ottawa, Canada

A

acolomitchi

Eynesbury, Australia

A

amish

San Francisco, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

C

caz32

chertsey, United Kingdom

J

jasonandvachi

Renton, United States

ashleeandjeanelle

Auckland, New Zealand

larsandanika

Langen, Germany

K

Krish

Dubai, United Arab Emirates

TraciV17

Indianapolis, United States

I

icmoonchild

Haddon Heights, United States

J

jocke

Stockholm, United States

paulclinton

malaga, Spain

L

LongTallSallymander

Menomonee Falls, United States

D

DavidM

Cambridge, United Kingdom

iamdaimo

London, United Kingdom

Zal0m0n

Atlantis!!!! x), Mauritania

H

hokyplyr

Lincoln, United States

A

AndrewC

London, United Kingdom

C

Carlos

Barcelona, Spain

P

Pavane

Kungsbacka, Sweden

dmirpuri

Bangkok, Thailand

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

M

Madone52

Brisbane, Australia

DJBic

Clinton, United States

E

E

Marin county, United States

G

Gdrvasc

Frederick, United States

H

happytrailsjpd

South Bend, United States

B

BearLa

Indianapolis, United States

J

jlberqie

Wake Forest, United States

M

mibrahim51

Mountain View, United States

B

bwitt

Berkeley, United States

A

akshu71

Ottawa, Canada

G

GanSatya

United States

D

dcb1987

Chicago, United States

sderickson

Berkeley, CA, United States

J

janakan

Hong Kong, Hong Kong

M

Malibu

Westwood, United States

H

HoseB

San Francisco, United States

Matching Fund

Sterling, United States

L

lfender6445

United States

Paul Buchheit

Mountain View, United States

A

abbasm

United States

bb4dogs

United States

joshuacollinson

Vienna, Austria

T

thenwhen

United States

TyWee

Manila, Philippines

H

HLCharityFund

United Kingdom

Grant Xavier Storer

Seattle, Wa, United States

I

idris

United States

S

stryker75

United States

SV

sven vdk

Twickenham, United Kingdom

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

P

pombo

United States

Dave Bogard

New York, United States

Roy

Espoo, Finland

Kriszti

Houston, TX, United States

MW

Matt Willis

United States

Thomas

Basel, Switzerland

Dominik Wagner

Karlsruhe, Germany

DN

Don Nichols

United States

Jason Ogg

New Zealand

BE

Bob Ewing

United States

Ask John a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...