Entrepreneur
Name
Edward
Member since
August 2017
On-time repayments
17 installments • 82%
About Me
I am a Kenyan citizen aged 46, I operate a hotel and guest house business in kitale town and have been in the industry for more than 6 years now and also own a posho mill. It has helped me take my kids to school and also enabled me acquire 1 acre of land and built a home for my family. I have 5 kids, 3 boys and 2 girls one has already finished university with a degree in business management and currently looking for a job, one is in university, 1 in form two and one in class eight.
My Business
I run a hotel and guest house business in kitale town which entails selling of foodstuff, juice, nyama choma and soft drinks to customers daily except on sundays. I have done this business for the last 6 years and has paid and mantained me alot. I also run a posho mill that helps me and the community to mill maize flour for ugali. I have dreams of expanding the business in the coming future.
Loan Proposal
I will buy rice 50 kgs which is approximately $50 buy cooking oil 10 litres approximately $12 .This will enable my daily business operations run smoothly and efficiently and also it ensures my day to day customers are satisfied. I expect a profit of around 60% which is about $35 after deducting all operational costs. Any assistance offered to me will be highly appreciated. Thank you
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$62.00
Date disbursed
Jan 18, 2018
Repayment status
Late
Projected term
6 weeks
Other loans
Lenders
Germany
Malaysia
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James Jan 4, 2018
JimVandegriff Nov 4, 2017
Edward Nov 14, 2017
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