Add food stock and employ a supervisor
Mary
Dandora, Nairobi, Kenya
100% repaid
Entrepreneur
Name
Mary
Member since
October 2017
On-time repayments
28 installments • 96%
About Me
I was raised in almost all slum settlements of Nairobi except Kibera and I now live in Dandora. At least, having been loved ad the support of my parents increased my self esteem and I contested in 2 beauty pageant in our 2 localities and won
I used the cash to start my own business of a hotel
My Business
I run a hotel. skyblue Hotel in Dandora and i have been running this business for the the last 10 months and giving employment only to young mothers having being one and undergone through so much hardships, being helpless and hopeless. We are a restaurant, now serving regular foods, drinks and services but as our name suggests we will be an empire. This will be a symbol of hope for a young mothers in our community. It is not easy working with these ladies but what is easy if it is a social enterprise? So I keep the dream alive even when I have inconsistency of my employees and not enough profit most of the time.
Loan Proposal
With the loan, I am going to add food stock and employ a supervisor since I am not always there for I work as a volunteer with other organizations. I will purchase charcoal, a bundle of Unga, cooking fat, since in bulk it is cheaper and readily available and also employ a supervisor who will monitor the books and cash flow and take care of minor issues happening within the restaurant. My business will start recording increased profits and put less pressure on my my other sources of income. I will also be able to expand it and take myself back to school.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$625.00
Date disbursed
Nov 1, 2017
Repayment status
On Time
Projected term
25 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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