Expantion and extentention of the restaurant eating launge

Humphrey Sasia

Nairobi-uthiru, Kenya

9% repaid

Entrepreneur

Name

Humphrey Sasia

Member since

February 2015

On-time repayments

237 installments  •  43%

About Me

I am Humphrey Sasia, born in 1984. I am married and blessed with two kids. I live in Kenya, Nairobi City, Uthiru- Gichagi village. I schooled at Evojo primary and Aiam Secondary schools in respectively. I did a diploma in Business management at the Kenya Institute of Management (KIM). Perseverance, endurance and hard work is and remain to be the only key to my success in life. After completion of my diploma education, i got 100 US dollars from my uncle which i used to invest in the restaurant business. This was indeed a great success. I rented a and refurbished a small structure from thee near by uthiru market from where i started my small business. The main uniqueness in this area is that getting a good space to start a business and /or getting a good structure that fits in the public health specifications is hard. There are plenty of opportunities, however and who ever has an interest in them and with enough financial assistance one can easily succeed. My two children wish to become a doctor and a teacher. My hobby is reading novels and preparing recipes.

My Business

My business for a hotel/ restaurant. I prepare food staffs and beverages for human consumption and sell them to city residents . These products are of high demand due to mushrooming because of the high growing population in the in the city. Also, most of the motorists around believe in spicing their meals in the same area. The main reason why i chose this venture is because of these ready market and access to customers. The main costs incurred are in relation to the purchase of my stock and operational cost for the following day. Most of my revenue and income/ profits come from the sale of ready made food staffs and beverages . The main use of my profit is in improving my business and educating my kids as well as meeting my domestic expenses where necessary.

Loan Proposal

Hi Zidisha? i wish to use the money to expand my restaurant by extending the eating lounge.this is due to the rise in the number of my customers. The number of customers is rising day by day since i am winning most of them from neighbouring food vendors due to exellent services and clean quality foods.This is the break down of my budget;
50 dollars for purchase of new furnitures
70 dollars for the internal finishes
13 dollars for purchase of more utensils.
I wish to pexpand my services and upgrade them to the best standards in order to win more customers in my restaurant.
I want to creat more job opportunities by expanding the restaurant.
Foward ever backwaed never is my new slogan towards achieving the desired goals.
through this expantion i expect to get a profit of at least 50 dollars in a day.
I look foward to success.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$134.95

Date disbursed

Nov 16, 2017

Repayment status

Late

Projected term

25 months

Cost to entrepreneur

Service fee: $5.68

Lenders

C

Christian

Saarbruecken, Germany

EHTHighSchool

Egg Harbor Township, United States

ErikN

Stockholm, Sweden

AndreaBravi

London, UK, Canada

T

Tallago3

Munich, Germany

T

timdever

Batesville, United States

J

jdhowa2

Louisville, KY, United States

TK

Tim Koppel

WOLLONGONG, Australia

N

nichsafti

Menlo Park, United States

S

SvenWaage

Stavanger, Norway

pentatonicscale

Niiza-shi, Japan

Namaste250

Pittsford, United States

ads68

Melbourne, Australia

M

mkellerman

Shanghai, China

fairspirit

Utrecht, Netherlands

calvero

Bergen, Norway

zaoyoga

Toulouse, France

M

marcmesich

Kaohsiung, Taiwan

JFais

Atlanta, United States

A

Anonymous

United Kingdom

xtrahardware

Cazenovia, United States

ShaneHeneghan

Galway, Ireland, Belgium

L

Lennert

Alphen aan den Rijn, Netherlands

mikeice

Kohler, United States

Evan Lamos

Brussels, Belgium

sderickson

Berkeley, CA, United States

S

siyusong

United States

bb4dogs

United States

B

bscent

Hong Kong

TheGoodData

London, United Kingdom

Robert Long III

Bridgman, MI, United States

S

Stephan

Netherlands

Dave Bogard

New York, United States

Kevin

San Francisco, United States

PG

Paul Graham

United States

N

Nick

United States

Aran Dunlop

United States

P

Peter

Bratislava, Slovakia

JO

Johan O

Borlänge, Sweden

MT

Mark Turner

United States

K

Katka

St Albans, United Kingdom

EthicalHost

Toronto, Canada

V

Vidar

Oslo, Norway

I

isaac

United Kingdom

JA

Joe and Deb Rinella

Kansas City Metro, United States

Benjamin Kniaz

Boston, United States

Humble Bundle Community

San Francisco, United States

M

Mark

Toulouse, France, France

R

RMIM

United States

Paul Buchheit

Mountain View, United States

Jane

Ontario, Canada

A

Anonymous

United States

afaness

Germany

BN

Bence Nagy

Czech Republic

CN

Craig Newmark

United States

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