Monicah
Maseno, Kenya
3% repaid
Name
Monicah
Member since
June 2015
On-time repayments
103 installments • 3%
My name is Monicah Jabuya,i was born in in Kisumu county in Ahero village.Am only a form four graduate and despite doing so well in my final examination i was not able to continue because my parents were not able to support me further since they are just small scale farmers.After high school a got a job in a restaurant as a cleaner and with long experience i learn how to cook several food before i was promoted to a cook.Later after some years i decided to start my own restaurant in my area since i wanted to get myself employed and earn more so that i can be able to support my family too.
In my business i provide ready food services.I make African bread and tea,chapati and beans,ugali.Mostly i make delicious Kenyan food and sell to my locals.In business of food staff there is a very high demand all the time since food is essential commodity to human being.Also here there are several motorbike operators who depends on ready made food because most of them are not yet married and have no one to cook for them at home.I chose this kind of business since food demand is not seasonal so as long as you make good food you will always growing business wise.I also wanted to make my own money which could be subsidence to support my needs and that of my family.
Am very glad today because i have been given a unique chance that have never heard in my life to raise loan,thank you very much.Today this is my first budget to you for this first loan.
$50 i will use to stock 3 bales baking flour since that's the most essential commodity that i use to make several foodstuff.This will make my work very simple as compared to taking on credit which sometimes the shopkeeper delays you.
$20 i will use to stock sugar since i make a lot of tea and sugar is also used to make other foodstuff too making my job easy when i start my job 3 in the morning.
$30 i will to stock cooking oil which i will use to make the African bread and also use to make other foodstuff.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 6, 2015
Repayment status
Late
Projected term
24 months
Ask Monicah a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.