Adding more capital to my business

Humphrey

Mombasa, Kenya

Funds disbursed

$0 to go

100% funded of $200 goal

0

days left

Entrepreneur

Name

Humphrey

Member since

May 2016

On-time repayments

70 installments  •  0%

About Me

I am humphrey masika kwanusu by name, i was born in western kenya in a place called bungoma. i grew up in the village called wekelekha,After primary i went to khasoko high school for my a level.My dad passed away when i was only eight years.i grew up with mum who srugled for me get bussary for the secondary education and who also passed away in 1999 when i was still hazling alot.We were born seventeen but only six survived, iam a last born in the family,three ladies and three guys.All married with families.i was called by a friend to nairobi where he taught me clearing $ fowarding after which later secured a job and was send to mombasa.i was saving a little and afret some time, i quit the job and started a restaurant in mombasa town with an aim of achieving my goal in life which is my children getting better education for nation building.

My Business

My bussiness is average and can be able to sustain me and my familly.I make a net profit of about 20-25 thousand per month,but wanted to expand the bussiness so that i lift the income, as the place itself is ideal and also due to customers demands that nothing should not miss inthe restaurant in order to maintain them.What i can say is unique is the culture of circumcision which is perfomed every even year august,the running around with jingles and meat on the body and of which i also underwent.I chose this kind of bussiness because i had admired to do it from my childhood and also some of my friends who are in it and has been paid well in return. my costs are the stock,count licences renewals, health etc.My profit is usually school fees for my kids,and my house maintanance,After expansion thats when i will go for reinvestment.

Loan Proposal

I will invest the money received in enhancing my business capital . I will also set up a door to door delivering of food to the people working around this place.I will use the 200USD with buying food stuff of my restaurant.
This expansion will improve my family's income. We will be able to increase our savings towards owning our own home . We shall also provide employment to a few people for casual marketing.

We hope to grow our revenue by at least 40% which will increase our profitability.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Jun 23, 2016

Repayment status

Late

Projected term

16 months

Lenders

A

anonymus

Moon, United States

sebastienrosa

Quebec, Canada

E

Elisa

Espoo, Finland

L

Ladysmom

Dallas, United States

T

Taupe

Balzers, Liechtenstein

mojobob

Hayward, United States

J

jonastang

Hong Kong, Hong Kong

dlpringle

Denver, United States

Loungin

United States

C

Crainster

Chapel Hill, United States

Craig

Memphis, TN, United States

George

Corvallis, Oregon, United States

CNV

United States

Carla

Amsterdam, Netherlands

Diego

Monza, Italy

Eugen Stamm

Zurich, Switzerland

DM

Dimitri Malarme

Brussels, Belgium, Belgium

Y

YTSJ

London, United Kingdom

Anonymous

Ocoee, United States

K

Kenny

United States

GA

Giovanni and Yelena

New York, Ny, United States

J

Jon

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

R

Rolf

Rotterdam, Netherlands

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

Loading...

Summary

Amount repaid

$0.00

Amount remaining

$209.79

Expected completion

Oct 28, 2017

Status

Repaying late

Installment amount

$3.02

Repayment History

Expected Payments Actual Payments
Jul 2, 2016 $3.02
Jul 9, 2016 $3.02
Jul 16, 2016 $3.02
Jul 23, 2016 $3.02
Jul 30, 2016 $3.02
Aug 6, 2016 $3.02
Aug 13, 2016 $3.02
Aug 20, 2016 $3.02
Aug 27, 2016 $3.02
Sep 3, 2016 $3.02
Sep 10, 2016 $3.02
Sep 17, 2016 $3.02
Sep 24, 2016 $3.02
Oct 1, 2016 $3.02
Oct 8, 2016 $3.02
Oct 15, 2016 $3.02
Oct 22, 2016 $3.02
Oct 29, 2016 $3.02
Nov 5, 2016 $3.02
Nov 12, 2016 $3.02
Nov 19, 2016 $3.02
Nov 26, 2016 $3.02
Dec 3, 2016 $3.02
Dec 10, 2016 $3.02
Dec 17, 2016 $3.02
Dec 24, 2016 $3.02
Dec 31, 2016 $3.02
Jan 7, 2017 $3.02
Jan 14, 2017 $3.02
Jan 21, 2017 $3.02
Jan 28, 2017 $3.02
Feb 4, 2017 $3.02
Feb 11, 2017 $3.02
Feb 18, 2017 $3.02
Feb 25, 2017 $3.02
Mar 4, 2017 $3.02
Mar 11, 2017 $3.02
Mar 18, 2017 $3.02
Mar 25, 2017 $3.02
Apr 1, 2017 $3.02
Apr 8, 2017 $3.02
Apr 15, 2017 $3.02
Apr 22, 2017 $3.02
Apr 29, 2017 $3.02
May 6, 2017 $3.02
May 13, 2017 $3.02
May 20, 2017 $3.02
May 27, 2017 $3.02
Jun 3, 2017 $3.02
Jun 10, 2017 $3.02
Jun 17, 2017 $3.02
Jun 24, 2017 $3.02
Jul 1, 2017 $3.02
Jul 8, 2017 $3.02
Jul 15, 2017 $3.02
Jul 22, 2017 $3.02
Jul 29, 2017 $3.02
Aug 5, 2017 $3.02
Aug 12, 2017 $3.02
Aug 19, 2017 $3.02
Aug 26, 2017 $3.02
Sep 2, 2017 $3.02
Sep 9, 2017 $3.02
Sep 16, 2017 $3.02
Sep 23, 2017 $3.02
Sep 30, 2017 $3.02
Oct 7, 2017 $3.02
Oct 14, 2017 $3.02
Oct 21, 2017 $3.02
Oct 28, 2017 $1.07

Loading...