Bar and restaurant stock

Anne

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Anne

Member since

November 2017

On-time repayments

19 installments  •  84%

About Me

I am a single mother of 2 adult children who are employed. I have been in this business for more than 15 years. Now working on my savings for my retirement. I was born in Nakuru, a town in Kenya. Raised well by my mother. I managed to get a diploma in Business Education and worked in employment for some years. I then decided to quit employment and work with my mum in the bar and restaurant. Unfortunately she fell ill and later passed on. I have been running the business singly for more than 15 years. My 1st born (daughter) is a lawyer and married. My 2nd born (son) is in the entertainment sector. My favourite pastime is music and having quality time with family and friends. In Mombasa, where my home is, is a very entertaining warm city.

My Business

Alchoholic, soft drinks and food provider.
Provides relaxation and off-times and family moments.
Decided to carter for weekends and holidays.
Costs are food and drinks stocks. Revenue is from sales especially on weekends and public holidays. Sales of the same are high.
I use the profits for reinvestment and my comfort. The same educated my two children who are now employed.

Loan Proposal

With this loan I will purchase a crate of beer. It will cost me about 30$. The profit margin is about 9$. In a month that would give me about 54$. That would help me in paying some of 2018 business licences.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$34.00

Date disbursed

Jan 23, 2018

Repayment status

On Time

Projected term

2 weeks

Lenders

W

Witlof

Tsukuba, Japan

P

PlutusNOR

Trondheim, Norway

A

Austrian

Graz, Austria

D

dweiner

Madison, United States

3

381inc

Beverly HIlls, United States

sderickson

Berkeley, CA, United States

W

wiwillia

Milbrae, United States

Gab

Singapore

A

Adam

United Kingdom

RC

Rudi Chen

United States

A and A

Canada, Canada

Paul Buchheit

Mountain View, United States

B

bea

Australia

B

Ben

United States

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  • Anne    Sep 8, 2018

    Thank you Krijin and Bing-shu Pan for funding my loan. I will increase my kitchen stock (flour and cooking oil). If I buy in bulk it will be cheaper than buying in bits. Thus profit margin will increase. Be blessed.

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  • Anne    Aug 1, 2018

    I used my last loan to upgrade my plates and glasses. My customers are happy. Thanks to my lenders.

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  • Anne    May 26, 2018

    Thank you very very much Melkmom for your financial assistance. With that money I will buy better cutlery and that will upgrade my restaurant service. Thank you.

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  • Anne    May 16, 2018

    I am grateful to my lenders. My last loan helped me increase my stock. As in my soda and beer crates have increased.

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  • Anne    Feb 1, 2018

    Thank you my lenders. I received Kshs 3291/= and bought 1 crate of beer. Thank you very much.

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  • Anne    Jan 21, 2018

    Thank you very much for granting me a loan. I will use it to purchase a crate of beer and add to my stock. Thank you and be blessed.

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  • Anne    Jan 20, 2018

    Hello. I want to thank you for your kind help. I managed to purchase to crates of soda and from the proceeds I increased my bar stock. With the proceeding loans I intend to have my bar and restaurant fully stocked. Thank you very much. May you all be blessed.

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  • Anne    Nov 18, 2017

    Thank you Paul Buchheit and Paul Graham for your assistance. I will use the funds to purchase two crates of sodas to add to my stock. With the heat in Mombasa, that is a good quencher.

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