Food stock for hotel

Barrack

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Barrack

Member since

August 2015

On-time repayments

67 installments  •  58%

About Me

Am Barrack njoroge from Kenya i schooled in the rift valley before transferring to Nairobi eastlegh high school for my secondary school after school i dint perform well so i did not make it to join campus,
My parents are casual workers for veg pro company at Jomo Kenyatta airport and are not paid well that they could see me through parallel education which is expensive.
I had to join the rest of the world and hanging out as a spoil t kid made me waste two years which i regret so much,However i dint give up and started going for labor jobs in my neighbor hood.
Road projects came with the chines s and this to me was a golden opportunity i couldn't afford to lose, I worked for a year with chines top construction company named Wuyi constructing Thika road and because i had felt the pain of not being employed i worked towards saving and set my goals on opening a small business.
I managed to open a small hotel which was under a tree feeding the workers working in the chines s company. As time passed i grew from feeding 20 guys a day to 180 guys for every meal i stated viewing life from a different perspective and as i struggled hard my dearest mother did boost my capital, I then decided to rent a space in my town and set a very unique hotel where i transferred skills from cooking chines s food to the hotel of mine.
My chines s boss liked my idea and atymes the chines s workers and engineers would visit and take meals from my hotel this boasted my sales and enabled me to construct my house at home.
my siblings are proud of me and my parents are definately happy about my life.

My Business

My business is in hotel industry where me and my two friends cook for sale,
I receive 200 people a day and make a profit of unto 5000ksh a day i use 2000ksh paying my guys and 1000 saving for school which i want to go to and 2000 for sustaining my hotel and support my brothers and sisters.
food is a necessity and found this need to cook food to my people.

Loan Proposal

Granted the loan of 150 us dollars am going to add food stock in my hotel due to demand of variety of food.
I will buy 150 k gs of maize at 60 us dollars
90 kg of beans at 90 us dollars.
I will use my saving to go to the posho mill and make the maize flour which will be used to cook ugali.
I hope to increase my profit by 50 percent and expand the hotel.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$151.00

Date disbursed

Aug 16, 2016

Repayment status

On Time

Projected term

2 months

Lenders

H

hilde

seattle, United States

Hedwich

Gorssel, Netherlands

JFais

Atlanta, United States

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Akirahugo

Dortmund, Germany

Thomas

Sweden, Sweden

K

Katka

St Albans, United Kingdom

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

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