Financing my education and coffee shop

Stephen

Embu, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

October 2020

On-time repayments

5 installments  •  60%

About Me

Am Stephen Njue,46 a father of three.
Am a postgraduate business student in the University of Embu.
I've been under difficulty situations financially when it comes to raising my family,my schooling and other basics.
So then I found this organization on the internet,it sounded like a source of help to my financial needs especially in Education.

My Business

I own acoffee shop.
I sell coffee,mandazi, chapati, sausages and Smokies near the University.
This is why I win my bread from every day.

Loan Proposal

Since my previous loan repayment got stuck as I hadn't paid rent.
I will for sure clear another two months rent to ensure the business will go stable without fear of being moved.
I will purpose the funds in inventory too and finally the rest will fix my basics.

Income Source

I've discovered more customers are cautious about the covid-19 virus.
They are keen on the measures to reduce infections,and this will force me to buy more inventory for sanitisation and washing purpose.
I will enhance proper spacing.
This will make a move to cub the virus from spreading and enhance customer being comfortable to be served by us.
The situation economically with other businesses is also worsening due to financial hardships. Boosting the business financially will help it to be infront of other competitors.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$75.00

Date disbursed

Dec 3, 2020

Repayment status

On Time

Projected term

1 week

Lenders

MarktheMormon

Sandy, Utah, United States

Sayuri

United Kingdom

Janice grace

Switzerland

S

Simon

United States

FT

Ford tom

United States

S

Shem

United States

Ask Stephen a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...