Buy inventory and new paint for restaurants

John

Nakuru, Kenya

100% repaid

Entrepreneur

Name

John

Member since

January 2014

On-time repayments

55 installments  •  64%

About Me

My name is John Ruiru icome from nakuru , bahati scheem . I am married in a monogamous family and we are blessed with lovely daughter. I went murungaru primary school for eight years completing my primary level in 2003. After my primary level , I passed well and adimitted in st johns secondary school in 2004. I completed my o lever in 2008 but I lacked money for further studies. Immediately after finishing my o level I was employed in a hotel as a waiter. I did this job for two years then I dicided to set up my own hotel business in 2010 which I am doing up to date

My Business

Smiles hotel was started in 2010. It has been ran now for 3 years under my management . I have employed two employees in this hotel to service a cook and a waiter. When the business has gone up, it gives me a profit of a thousand shilling having bought commodities for cooking tomorrow. During the time when it has gone down, it gives me a profit of seven to eight hundred shillings, generally it does well all through out the year.so i have the confidence in my business that it will enable me to repay the loan i am requesting.

Loan Proposal

Congratulations! lenders and zidisha team your doing wonders in changing the life of many people especially me. the first loan you granted me enabled me to start a new hotel at kabatini center which is progressing quite good. at the moment, am now having two hotels which has increased my income thus my life is changing gradually. lenders and zidisha team i will stay with you because you are the better option.
am taking this opportunity to humbly, kindly requesting for a second loan as the first loan has already been paid. I would to you use this loan to buy more stock to my hotels. And the remaing money i will use it to buy paints to apply on second hotel to give it a new look.
am looking forward to be funded by lenders in order for me to fulfill this purpose. thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 25, 2014

Repayment status

On Time

Projected term

3 months

Lenders

Tom44

Vancouver, Canada

S

SammyGeorge

Belfast, United Kingdom

E

Escalada

Bakersfield, CA, United States

lyalljellyman

Wellington, New Zealand

W

winnypu

Portugal

W

whlaing

United States

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