Entrepreneur
Name
Boniface
Member since
July 2016
On-time repayments
189 installments • 29%
About Me
I was educated in kangundo district after which i proceeded to Nairobi for my higher education.
was very much interested in catering and this lead me to do my passion.
The land where i live there are numerous customers and many people are interested in my business.
my children wants to be self employed
i like socializing and traveling to meet new friends
My Business
I offer catering services in and outside mostly during wedding and dowry ceremonies.
I was funded by my parents when my business was at rescission and later repaid them.
I choose catering because i have passion in hotel management and meeting new people
The typical cost are the cost of acquiring raw material but the revenue is good
I use my profit for education and re investment
Loan Proposal
Ill buy more tables and seats for about 20 Dollars to increase the capacity since my customers has increased.
Ill buy more spices for about 25 Dollars .
Ill pay my workers about 30 Dollars
Ill pay rent for about 25 Dollars
It will help me increase my profit margin to a higher percentage and also create employment to others.
I expect my profit margin to increase buy 70% within the next 2 months after your funding
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$292.00
Date disbursed
Jan 25, 2017
Repayment status
Late
Projected term
63 months
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