Adding rice in my hotel

James

Mautano, Kenya

100% repaid

Entrepreneur

Name

James

Member since

November 2017

On-time repayments

16 installments  •  63%

About Me

I come from cheranganyi hills tranzoia county in Kenya. am also a business man as well as poultry farmer.
I started my business after being rejected by my parents who sent me away while I was still young, they did that because of the culture which was meant that if a boy child is born out of wedlock should be killed.
to save my lie I was sent off by my parents. I started selling chapatis along kapsara road and after a year I had enough money to start a small hotel, from there my life started to change

My Business

am running a hotel which gives an average profit of USD400.
This amount helps me expand my hotel and ensure a smooth running of my hotel.
I also receive many customers from kapsara tea factory workers who eat food from my hotel

Loan Proposal

customers still demand for more more rice. more workers have also been added at kapsara tea factory and this has also increased the demand for rice. also students have opened schools and during lunch time many come for rice.
I will use the loan add more rice in my hotel. one kilogram of rice costs USD 1 and after selling i will make a profit of USD2 per kilogram of rice

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$38.00

Date disbursed

Jan 14, 2018

Repayment status

On Time

Projected term

2 weeks

Lenders

Paul Buchheit

Mountain View, United States

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