Dear lenders, this second loan i will use it to on my business name registration and also purchase icing sugar for bakin...
John
Nakuru,kenlands, Kenya
100% repaid
Entrepreneur
Name
John
Member since
September 2013
On-time repayments
163 installments • 69%
About Me
I am John Makongo, lives in Nakuru,kenya, Kenlands Estate, a Founder and Director of a charity organization namely: Echoes of Hope ,it is based in Kenya with a purposes of helping orphans with Education, food and medical for there better tomorrow.
I am a survivor of the 1994 Rwanda Genocide that claimed most of my family members I was born in 1983 in Nyarugenge district In Rwanda. I was only nine years old by the time the Genocide started in 1994. Later we migrated to Kenya running for our lives together with my mother and brother,
I became street boy, later join an orphanage in Kenya, Now I am helping same children through a charity organization God called me to do.
My Business
I have a business of baking cakes, it surely gives me an income profit of ksh5,000-7000 each month, I am 100% sure upon taking this loan, I will be able to pay back the loan in due time without any problem.
at the moment the business of making queen cakes, anniversary cakes,wedding cakes and also small bread is on high demand, if I can get more capital to invest into this business, i am sure of getting a profit of ksh10,000 and above and this will help me repay back the loan and restock to to my business as well, in three years period my target is to own cake company of which I believe with ZIDISHA company loan givers I will make it to the top.
the challenges I have now is the demands are high but the capital is less this is why i am seeking more help to restock to my business and add the size of my business sales.
beside the income of the business, I also work and I will ensure that the money is refunded in due period of time, I do business of cake baking together with my lovely wife.
Loan Proposal
Hello Lenders, I would like fist to thank you so very much for the Loan you gave me before of which I was able to repay it so quick basing on my business income.
This second Loan i am going to use to register my business name with the Kenya government so that I can be able to do business with confidence and without fearing anything.
I deal with baking cakes such as queen cake which is distributed to small shops and also wedding cakes,anniversary cakes,birthday cakes and also event arrangements and planning as my wife also helping me on catering department,.
Now we are arranging to register our business name of that we can be able to receive large tenders from different institutions as well organization for event arrangements and planing and also cake baking for anniversaries and weddings.
After Business name registration,I will a locate ksh4,000ksh on savings towards purchasing on a baking machine which will be an additional from the one I have, and the remaining fund which will be 6,000Kshs will be used to purchase 4 crates of eggs and icing sugar for cakes and what flour and other indigence for the baking
I request for your help to make this happen, my second face will be buying an additional machine for baking
thank you in advance as you help me achieve this dream.
Feedback
Positive
10
Neutral
1
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$141.00
Date disbursed
Feb 10, 2014
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Nieuwegein, Netherlands
Ask John a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...