Cooking equipments to cook quality & quantity food
Oscar
Kawangware, Kenya
100% repaid
Entrepreneur
Name
Oscar
Member since
May 2014
On-time repayments
9 installments • 100%
About Me
I have grown up in the rural areas of western province of kenya. My parents have worked hard to ensure me and my brother complete secondary education and the main source of income was from my father was employed as a night guard while my mother worked as a house helper and most of the time we only managed to have one meal per day but this situation did not deter me from working hard. I and my brother worked hard in school and at home to ensure we excel in our various exams. After completing the secondadry education, I moved to Nairobi where I secured a job as a night guard and paid little but I saved most of my salary and paid school fees for myself to pursue a diploma course in catering as this has been my passion for long time. After completing the course I secured employment at good hotel in Nairobi where I am earning good salary but my dream is to own a five star hotel. I have established a medium size hotel from my savings which which involves cooking basic food and serving to the clients. Part of the profit from the business I save so that I can expand my business and have modern equipments and also cook varieties of food. My business is based in Kawangware 46 and I have employed 2 people who run the hotel on daily basis and recently after getting married my wife has joined the team as she has good experience of business management and over the weekend I assist them because I don't go to work. During my free time I like watching soccer and going out with friends to dance.
My Business
My hotel is based in Kawangware and I have employed 2 people and now my wife has joined the team and she has adequate skills & experience on business management who are responsible for day to day running of the business while over the weekend I usually assist them. My hotel involves preparing local food and over time customers have liked the hotel because of good quality food, good customer service and cleanliness. I intend to purchase modern equipments so that the quality of food can improve and also to reduce the cost of production and also produce in large quantity. The average sales per month is Kshs 54000, average expenses is Kshs 47000 and average monthly profit is Kshs 7000.
Loan Proposal
When I get this loan,it will help me improve on my hotel business by the following: buying 3 big pressure cooking pot each at 27 USA dollars so in total 81 USA dollars will be required and currently I can contribute 35 dollars towards the buying of the cooking pots so I request lenders to given me a loan so that I can purchase the cooking pot. After buying the cooking pots I will be in position to reduce the cost of preparing food and also the quality of food will be better and we will be able to increase our profits because cost will be reduced and more clients will visit our hotel because of good quality food. Please fund my loan !
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jun 6, 2014
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
Ask Oscar a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...