Entrepreneur
Name
Furaha
Member since
July 2015
On-time repayments
117 installments • 14%
About Me
I was born in Kaloleni Kilifi County in 1970 in a family of three boys and two girls. I grew up in the same county and attended my primary and secondary school in the same county.
After school I relocated to Mombasa in search of a job. I got employed at Habib bank in mid nineties where I worked for six years and left to look for better opportunities. After trying my hand in several ventures and doing vocational jobs in hotels, I decided to start a cafe of my own having acquired some experience.
I come from a community which likes safeguarding their traditions and I’ am proud to be a member of this community.
Some of my children have finished schooling but some are still in school.
During my free time I like listening to music more so from my community, Gospel and Rumba.
My Business
My business entails selling of food to my clientele who happened to be from the neighborhood.
The usefulness of these services is that I provide food to my clients at an affordable rate and also It helps those in the vicinity who do not prefer cooking at home.
I decided to venture into this business since I had had a stint in hotels where I got some experience in the running of a food outlet. I also knew such a business wouldn’t disappoint since in every day life people have to eat and no matter how hard the conditions one will have to get something to eat.
Typical running costs per day depends on the demand at a particular day of the week or month. I spend at least 80 US dollars and get a profit of, say, 30 US dollars.
I spend my profits by reinvesting and also bringing up my family plus a bit of saving.
Loan Proposal
I will buy two hot pots for 20 US dollars and Two flasks for 10 US dollars and the remaining amount going to purchase cups. These will help me start small scale outside catering within the neighborhood.
This will give a boost to my business and i will be in a position to serve more clients.
this will augment my profits and my business will automatically grow.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 30, 2015
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
United States
United States
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