New mattresses for guest quarters in my pub
Leonard
Nakuru, Kenya
70% repaid
Entrepreneur
Name
Leonard
Member since
July 2017
On-time repayments
150 installments • 70%
About Me
I was born in Nakuru on April 28 1981 to my parents David K.A Korir and Ruth Korir at Nakuru provincial general hospital. I started my education at normain pre unit school for my baby and top class education, after completing my pre unit education I joined koinange primary school. Both schools are in Nakuru. From class five I was tranfered by my parents to a boarding school in kitale called north rift education centre for class five to class 8. I joined njoro boys for form one education the later to taita towett secondary school in kipkelion in kericho county. After that I joined rift valley technical training institute for college education where I pursued kcareer in diploma in pharmaceutical technology.
My Business
I started doing my first job as research assistant for a retail census company. I join another company, centre for economic and social research shortly before deciding to be self-employed. I decided to delve into selling of liquor by opening a mini pub and also buying and selling second hand furnitures.I decided to to delve into this business because low start up cost and first flow of goods.i started this business by selling liquor at a start up capital fifteen thousand shillings. And I now rack in around a 1000 shillings profit a day. My frofit mostly goes into bettering my current pub business and also buying second hand furnitures for resale.
Loan Proposal
I'm thinking of buying new mattresses for my guest rooms. My pub business is doing well but on the guest rooms side the business is not doing well, part of the reason that I have an issue with the guest house is worn out mattress. I am running 8 guest rooms in my pub. Though I come from a low income area where my guest rooms go for US $ 2 per night. The businesses profits can be increased by value addition to the services that I provide. I feel that with addition of new mattresses I can add the value of my rooms. This guest rooms have a potential of fetching at least US $3.5 a night each. I have had a great experience with zidisha on my pub business and I intend to improve my guest rooms if funded by zidisha lenders. My guest room will be okay with new mattresses. The only other thing that I may require are new blankets for four room. My immediate aim thou is mattresses and painting of the rooms. Each mattress goes for US $30. I hope to achieve this goals with zidisha help.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$223.00
Date disbursed
Jun 5, 2018
Repayment status
Late
Projected term
32 months
Lenders
Germany
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