Equipment buying to expand my hotel business

Entrepreneur

About Me

Born in a family of three being the first born

l am currently a university student pursuing bachelor of commerce at the university of Nairobi born 22 years ago in upcountry Meru in Kenya .completed my high school education in 2013 and passed well to join one of the prestigious universities in Africa

My Business

From my desires to be a self made entrepreneur l started a small cafe business in the suburbs of Nairobi that enables me to pay my tuition and pocket money as well as helping my siblings,as l use the excess to expand my business ,in my cafe l offer food and beverage stuff and especially the fries are fast foods due to the high number of college students who form the major base of my customers.

Typical costs include labor rent electricity and water bills and local authority fees per month while profit solely comes from the sell of the foodstuff


More students are joining college in Kenya and therefore the demand is rising and need to expand my business in respect to the 4 production factors:
labor
space
capital
enterprise

l will use the profit to finance your loan advances.
Thank you.

Loan Proposal

l am currently building trust with my able lenders ,which will consequently increase my credit reliability to take higher loan amount in near future .l will use the loan to achieve one of 2018 resolutions that is to double my production and revenues in my hotel business,by investing more in the four factors of production:{labor,space,capital--$1000}-and enterprise.

your loan advances will offer jobs to at least 5 hotel staff and solve unemployment to the new staff,farmers will benefit by selling more food stuffs like vegetables in larger amounts and it will enable me raise my living standards and help others in future .

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Loan Info

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