Clean water for my hotel

Loreen Okello

Amerikwai, Kenya

100% repaid

Entrepreneur

Name

Loreen Okello

Member since

April 2015

On-time repayments

24 installments  •  42%

About Me

my name is Loreen okello, I am the fouth born in a family of 9. I went to lela primary school and joined kajulu secondary mixed secondary school where i did my o-levels. Because I was always at home due to fees problem I did not do well in my exams . Because my grade could not allow me to join university, I went to Busia polytechnique to study food production,I dropped out during my second year due to lack of fees as my parents could not afford.
I went back home but life become unbearable as we could rarely afford 3 meals a day.I went to Busia town where I secured a job as a cook in a small hotel. I worked for six months while saving. My boss was impressed with my work and increase my salary to $50 per month I was so happy.since I had free food,I could send my parents some $15 for upkeep and save the rest.After one year with $$250 saving I decided to quit and open my small hotel. I had one table and two benches and cooked only pilau for the first one week. I got a number of clients who really supported me by eating at my hotel always.The hotel has grown and has 4 tables now and good chairs for clients.good quality ,cleanness and humility is the secret behind my growth.
I love cooking ,reading motivational books and watching movies .I also take some time once a month to visit children homes and donate the little I have so that all mankind could have some sense of belonging.

My Business

I am in the hospitality industry and run a small hotel ,I cook good quality food and sell it to my clients. My menu so far has only a few delicacies which I believe are in high demand i.e ugali,meat,vegetables,fish,beans and chapatis.
Most town dwellers and travelers do not cook from there houses and so there is need to cook cheap good quality food for these individuals.
I choose the hotel business because I had worked in a hotel for quite a long time and had experience in managing the business.These is what encouraged me to try my hand in these business.
I spend about $200 daily and my revenues per day is about $230 on daily basis. I use my money to buy food for my family,pay fees for my siblings,take care of my younger sister medical bills and of cos reinvesting in business to ensure growth of the venture.

Loan Proposal

Dear lenders, I am requesting for a two hundred dollar loan to help me connect my hotel to water grid . I will pay $120 to the water company for meter and use $80 to buy a pipe and taps. I am currently using water from vendors who at times supply dirty water and unsafe water to my hotel forcing me do away with the water.Connecting my own source of water will provide me with clean and safe water always and will help me cut the cost of buy water by 90%. Please lenders support me.Thank and have a good day

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$185.61

Date disbursed

Jun 30, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $7.47

Lenders

Dianne

Maryville, United States

investor

Candiac, Canada

Umair Mahmood

Raleigh, United States

A

andyfletcher

I want my "My loans" page back, Qatar

I

Interfree

Dubai, United Arab Emirates

Zidisha

Sterling, United States

E

evanglend

Arlington, United States

J

JakeA

Wellington, New Zealand

W

Washndwyer

Baltimore, United States

Kysera

Crawfordsville, United States

C

chrita446

Nashville, United States

MichaelR

Los Angeles, United States

J

JayJay

Cleveland, United States

C

CheesemanDan

Shanghai, China

A

Alicee

Munich, Germany

D

danny

Karlsruhe, Germany

V

valeriesolanas

Stamford, United States

C

Corrino

Sofia, Bulgaria

L

LiquidH

Elmhurst, United States

P

proby24

Singapore, Singapore

G

gabarone

Rochester, United States

K

Kibbleni

Madison, United States

S

SelvaMarcus

Green Cove Springs, United States

A

Austin

Long Beach, United States

ads68

Melbourne, Australia

A

Adam3333

Hague, Netherlands

fairspirit

Utrecht, Netherlands

F

flaguy999

Tampa, United States

T

Taupe

Balzers, Liechtenstein

JPadgett

Chandler, United States

Z

ZandC

Sacramento, United States

J

jinx83

Brisbane, Australia

B

BobHope

United States

X

xavier

Toronto, Canada

S

SimonAngus

South Africa

johnhudson

Washington, DC, United States

W

wesbh89

United States

A

AlexH

United Kingdom

S

stryker75

United States

J

JF2014

United States

M

M.Umar

Pakistan

J

JeremyR

United States

AP

Andrew Page

United Kingdom

KM

Kirsty M

United Kingdom

Dave Bogard

New York, United States

Y

YP

Malaysia, Germany

Christopher Hey

Sudbury, Canada

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