Kenya

Add stock and renovate barbeque & boiled egg stand

Entrepreneur
Julius Kanyita
Nairobi, Kenya
Invited By: Benard Msandu
Volunteer Mentor: Victor Amugune
Followers: 12
On-Time Repayments: 100% (8)
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This Loan
0% Repaid


Disbursed Amount: $494.89
Date Disbursed: Jul 25, 2017
Repayment Status: On Time
Repayment Frequency: Weekly Projected Term: 6 months
Cost of Loan: $24.74
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Cost of this loan

Service Fee: 5% of $494.89 = $24.74


Story
About Me

I was born in Nairobi in Kariobangi South. I am the third born in a family of five children. My father was sacked from his work and life was hard since we faced school fees problems. Today, I have my own business and I wish to expand and employ many employees and become a powerful businessman.

My Business

I do barbeques, i.e, roasting of meat products and boiling of eggs. I started in the year 2013 up to now. My biggest challenge is finances to expand , rent a better store and acquire a refrigerator to preserve my products and add more stock.

Loan Proposal

I intend to use to loan to add stock at 20000kes so that customers always find the product when they come at my place. I also want to expand on the boiled egg section of my business due to increased demand of the product. I will also use the loan to improve my business structure, i.e buy the barbeque jiko at 20000 kes needs renovation and also I will replace the barbeque umbrella This will increase my efficiency and flow of customers at my place and thus lead to increased revenue. Increased revenues will in turn enable me improve my life.



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Add stock and renovate barbeque & boiled egg stand

Julius Kanyita
Nairobi, Kenya

0% Repaid