Linah
Nairobi, Kenya
100% repaid
Name
Linah
Member since
March 2016
On-time repayments
86 installments • 76%
I was brought up in humble background by my parents in Kiserian Kajiado county. I did my primary and secondary school levels in Kiserian. Later I joined college and did the course on Food Production. I have been employed for the last 12 years and I later decided to quit and start my own hotel.
The uniqueness of our land and culture being a Maasai is that we have a rich culture that attracts tourists all over the world to see Maasai people and how they have preserved their culture.
I am a single mother of two children, a boy and a girl. My daughter would like to be doctor and my son a pilot.
My hobby is swimming and playing tennis
I provide fast foods and soft drinks. With the busy lifestyle, people prefer fast foods because they can take away and eat at their appropriate time.
I chose this business because of my career in Food production.
My typicals costs initially I started with a capital of Ksh100,000 because I had to buy jiko, friers, seats and tables, rent and renovations. Currently I use Ksh30,000 per month.
I use the profits I derive from my business to educate my children, pay house rent, and buy food
my intention with the loan is simply expansion of my business venture.Would like to get more supplies reason being im overwhelmed with the demand of my food stocks.the market has expanded and that is why i need more capital to inject in the business.
In all business ventures,profits,loses risks and uncertainities are sometimes inevitable.But having done proper analysis of my business of food supplies,i have diversified which has given me an age over my competitors.this has given me an upper hand in the market.Also basing on the fact that their has been a shift in domestic consumer patterns ,most of my customers demand more supplies of fruits and vegetables and this has increased my average sales and all my stock replenishes on time.With the steady cashflow,i will be able to service my loan on the agreed time frame.
Positive
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Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$69.00
Date disbursed
Sep 18, 2020
Repayment status
On Time
Projected term
6 weeks
Other loans
Amount repaid
$69.83
Amount remaining
$0.00
Date repaid
Oct 31, 2020
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Sep 27, 2020 | $11.64 | Sep 25, 2020 | $11.64 |
Oct 4, 2020 | $11.64 | Oct 4, 2020 | $11.64 |
Oct 11, 2020 | $11.64 | Oct 11, 2020 | $11.64 |
Oct 18, 2020 | $11.64 | Oct 18, 2020 | $5.50 |
Oct 25, 2020 | $6.14 | ||
Oct 25, 2020 | $11.64 | Oct 25, 2020 | $3.67 |
Oct 31, 2020 | $7.97 | ||
Nov 1, 2020 | $11.61 | Oct 31, 2020 | $11.61 |
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