Adding stock to my food business

Walter

Uhanya Beach, Kenya

100% repaid

Entrepreneur

Name

Walter

Member since

January 2015

On-time repayments

259 installments  •  87%

About Me

My name is Walter Ndege Okungu okeyo i was born 30th August 1984in a family of eight, seven boy and a girl and am the 4th born, I joined rapogi primary school in 1992 to2000 where I did my kcpe later I join otieno oyoo secondary school in2001 up to 2004 then i join chemelil driving school in 2005 later in 2008 I got employed by east african sea food company up to 2010 since then I started doing business. The year 2013 I got married to my lovely wife RHODA a year later we are blessed with a daughter.life became difficult when i lost my parents in the year 1996 then my uncle took care of us.my people are fishermen.my daughter wants to be a doctor when she grow up.my free time i like walking a long the beach and listening to music

My Business

My business is dealing food and beverage, I started it in the year 2008 with the savings I got from where I was employed, and am hoping to add more stock if you give me that loan.being that people around here are fishermen and some of them don't have their wives around,they come to my place to eat.i started it because my father was in that business before.Am getting between 5 to 8 dollars a week.my daughter is still young so i use the profit i get to grow my business.

Loan Proposal

I will use the money to buy more fish,maize flour and some beverage which will cost around 300 dollars and the remaining i will use to hire one worker on casual basis so that my customers will be finding food always ready. am projecting my profit to increase between 10 to 20 dollars a week hence if the profit goes as projected i will use the money to hire more workers on casual basis.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$359.00

Date disbursed

Apr 17, 2016

Repayment status

On Time

Projected term

10 months

Lenders

Paul Buchheit

Mountain View, United States

The Zinc Team

San Francisco, United States

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