Entrepreneur
Name
Kelvin
Member since
November 2016
On-time repayments
16 installments • 6%
About Me
I was born in Muranga county but raised in Dandora later we did move to kahawa west till now I still recide in kahawa west area .my education level is up to University level TUK where I did study catering and accomodation management ,I started my business out of passion to the diverse industry of hospitality the uniqueness of the area I leave in.in that there ain't any other place like kahawa west in terms of security ,transport and the people in here are sociable and well respected. my hobby is swimming and making up recipes when I am free and need to get ingaged in something constructive.
My Business
My business income source Is self sponsored from my savings and the money my main business is in providing food services and products as I got skills in culinary arts and I am so passonate about ,I also yield from other activities say planning of events, catering for other people I chose the business as it is very lucrativeand my typical cost revenue is around 16000-20000 in profit monthly. I use my profit for my academics, reinvestment and to cater for my well being I hope I qualify for the loan as I am in need of a boost up for my business endeavours .kindly any effort made will be highly appreciated thank you.
Loan Proposal
To boost up my job by employing or buying new equipments as the demand has been high I will buy an oven for baking of cakes and other sweet items which would cost around 15000 paying in installments the actual price is 45000
I will need a refrigerator as dealing with food that I raw could yield to losses due to their perishable nature.as the business expands i am certain it will improve my lively hood and give me a chance to employ a few people so that they can make a good thing out of them selfs what I call giving back to the society my expected profit margin would be ranging from 6000-8000 increase gradually
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Loan Info
Project Type
Classic Loan
Disbursed amount
$258.00
Date disbursed
Nov 11, 2016
Repayment status
On Time
Projected term
3 months
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