Loan for deep fryer for my fast-food joint

Joan

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Joan

Member since

August 2017

On-time repayments

43 installments  •  98%

About Me

My names are Joan omondi. Am a widow with three kids. Two boys and one girl. Two of my kids are in campus and my youngest is in secondary school. 
My husband was involved in a car accident 10 years ago and unfortunately that's when he left us. I was a house wife at that time and my husband was the sole breadwinner. 
When he left us things really got bad and my kids were a bit young. 
I and my in laws were not in good terms and all they did was make life difficult for us they took almost everything my husband left for us to amount we were penniless. At some point I didn't know what my kids would have for dinner when they come from school. 
In our savings I was only left with KES 20000 and at this point that wasn't going to cover school for my kids. 
I had to transfer them to a cheaper school and we moved to a cheaper house as well. Then i decided to start a small business to help us with the day to day needs. And that's how I started my fast food cafe. 
I rented a small place and bought a few appliances and I started cooking chips mandazi and chapatis. Mostly for take away clients.

My Business

I have a fast food joint where I sell chips, chapits, mandazi and others snacks. 
I have had this joint for 6 years now. I have incorporated soft drinks and I also have an Mpesa shops. 
This helps me capitalize in all means. 
Am able to serve all my clients from there money transfer needs to their stomach. 
It my sincere hope that Zidisha will help me grow my business in a way I can expand the service I offer to my customers. 
In a month I make averagly a profit of Kshs 25000, I use this to sort my rent and purchase potatoes and other stuff I need to run the fast food joint.

Loan Proposal

I would like to express my gratitude to all my lenders who have been giving me help through the loans which have boosted my business a great deal.
I would like to apply for a new loan to help me buy a deep frier for my fast food joint, I will use the deep frier in cooking chips, deep frying chicken, cooking samosas, and much more.
I will be able to add more dishes to my menu and that will increase my profit margin significantly.
A deep frier goes for $220, with a loan of $180 I will add $40, to b able to buy the equipment.
I hope you will continue to support me and my business.
Thanks in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$187.00

Date disbursed

Dec 13, 2017

Repayment status

On Time

Projected term

4 months

Lenders

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Michael Bauschke

Dresden, Germany

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