Buy more food for my hotel

Magaret Njeri

Bamburi, Kenya

100% repaid



Magaret Njeri

Member since

September 2014

On-time repayments

23 installments  •  61%

About Me

My name is Margaret njeri from nakuru currently living in mombasa county. Am married with two kids both in primary school in Mombasa. Having gone through primary and secondary school both in Nakuru, my parents couldn’t raise my college fee and I had no option but to stop there and try my luck somewhere else. From my infancy I loved cooking a lot it was more of a hobby, but with my passion with kitchen practices I started a hotel an I enjoy cooking. have four years doing this business an I have employed few people, but with your help I hope to expand this small hotel to relatively big one in future I hope it will be a restaurant.

My Business

I own a hotel by the name ‘kula ushibe’ meaning eat and get full, am located in bombolulu a few kilometers from kongowea market. I try and avail all sort of local food for my customers since more of them are just from around. competition is stuff but with hygiene an good quality food am able to attract customers. The big challenge that we get is mainly lack of presavertory measures like refrigerating. With help of zidisha i hope to purchase a fridge for my hotel. Am looking forward to offering you hospitality services when you visit Kenya.

Loan Proposal

With your funding I intend to buy more food and cooking materials for my hotel. With so doing are be in a position to prepare more food to meet the huge demand from my customers. With your help are lift my business to more profitable entity and also I will be able to comfortably meet my loan payment. THANK YOU IN ADVANCE FOR YOUR HELP.






Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Oct 2, 2014

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Lender interest: $49.85 at 11.34% annual rate over 2 months = $1.09

Service fee: $0.36

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Amount repaid


Amount remaining


Date repaid

Dec 5, 2014


Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 13, 2014 $10.15 Oct 10, 2014 $10.15
Oct 20, 2014 $6.33 Oct 10, 2014 $6.33
Oct 27, 2014 $4.55 Oct 27, 2014 $4.55
Nov 3, 2014 $4.55 Oct 27, 2014 $0.57
Nov 4, 2014 $3.98
Nov 10, 2014 $4.55 Nov 4, 2014 $0.34
Nov 11, 2014 $4.20
Nov 17, 2014 $4.55 Nov 22, 2014 $4.26
Dec 2, 2014 $0.28
Nov 24, 2014 $4.55 Dec 2, 2014 $4.55
Dec 1, 2014 $4.55 Dec 2, 2014 $3.13
Dec 4, 2014 $1.42
Dec 8, 2014 $4.55 Dec 4, 2014 $4.55
Dec 15, 2014 $3.22 Dec 4, 2014 $1.99
Dec 5, 2014 $1.23