Buy more catering utensils to serve events breakfast $ lunch

Samuel Wambugu

Nyeri, Kenya

51% repaid

Entrepreneur

Name

Samuel Wambugu

Member since

September 2016

On-time repayments

170 installments  •  50%

About Me

My name is Samuel Wambugu Gitonga, I was born in 1980 and raised in vicinity of Nyeri. After Certificate level in secondary schol i enrolled for a proffessional college Hospitality course in food and I pursued a course in Food production Diploma level. After graduating i went to various restaurants as a chef, in our country and serving community with catering services in weddings, anniversaries, birthdays etc . I have been blessed with a wife a and God have given us 2 children and attend school at primary level we all live together with them since we share live activities . My experience plus interests encouraged me and my wife after wrong discussion on business plan to start venturing food outside catering for events outside our business premises.

My Business

I started food business since I graduated from college in the year 2005 since I would engage myself in outside catering service when in employment sector , then I developed the business and opened my own restaurant to serve customers who were demanding my services of catering in events. My business is both indoor and outdoor catering services. My business is located in Kimathi Estate In Nyeri County in Kenya. I started the business in year 2011 and therefore it’s a 5 years business. I have seen it grow and my initial capital generates profit that am able to feed my family and cater for my stock in the business. I opted this business since its my Course and I understand what entails food production and services needed . The business attracts customers with occasions such as weddings, anniversaries, birthdays, and engagements. The business have attracted customers and since I have three food warmers currently present am unable to satisfy customer satisfaction. profit obtained from the business is reinvested since resources are still low compared to the need of the market. per month the business is able to generate Ksh. 8,000 profit which may be hard to save in order to buy more catering equipment.

Loan Proposal

BUY MORE CATERING UTENSILS TO SERVE EVENTS BREAKFAST $ LUNCH
I do make reference from above as a chef in my organisation it would boost me much if i stop hiring items to serve events and use my own utensils to serve the people in an event. Once the loan is approved and the budget of $155 will enable me to interview for large events and tender for the same since utensils matters moslty. This will improve my profit that was raging from 65% to 75% to earn slightly figure of 5%. IWith this expectation I will be able to make it to afford my daily food for my family ,improve the lives of my caterer workers plus my family who I put first always and the remaining plus I pay Zidisha funds and I have high hopes to be funded.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$226.65

Date disbursed

Dec 22, 2018

Repayment status

Late

Projected term

17 months

Cost to entrepreneur

Service fee: $9.55

Credit risk payment: $38.20

Lenders

JimVandegriff

Trinidad, California, United States

Tavin

Ottawa, Canada

C

chrisherron

Chicago, United States

Cloudways

Malta, Malta

L

leniwiec

Poznan, Poland

ads68

Melbourne, Australia

F

flaguy999

Tampa, United States

Dave Bogard

New York, United States

P

Peter

Bratislava, Slovakia

K

Katka

St Albans, United Kingdom

The Weltys

Averill Park, NY, United States

E

EJOBIV

United States

L

Lisa

United States

Mark Wilco

Columbus, OH, United States

Andrew

United States

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