Entrepreneur
Name
Eunice
Member since
July 2014
On-time repayments
53 installments • 36%
About Me
My name is Eunice Makumba and I am 29 years old. I am married with three children. My oldest daughter is eight years old, my son is turning four in September and Christine, the little one, is only three weeks old.
I am a trained teacher but I have never been employed as a teacher because of the way things are in Kenya. It takes a long time before the government can employ teachers. My husband is a student, so the business is very much the main income earner for the family. I love singing, writing and spending time with the kids.
My Business
I intend to repay the loan using the earnings from my food business. My business is right next to a university and most of my customers are university students. Most students do not cook, so they eat all their meals in food places around college.
I have an advantage over most people that sell food around here because of the location of my business. My business is located in the midst of many privately-owned hostels that do not allow cooking in the rooms. I also relate well with the students, so they prefer to come to my place. My business makes a profit of about 450 dollars in a month, which is very good according to the standard around here.
My main challenge at this time is that I do not have a freezer. Because of this, a lot of food goes bad once in a while. This is the main reason why I need a loan at this time. I will buy a freezer that costs about 300 dollars. With the freezer, I will be able to save a lot of food from going bad. I will also be able to cook a lot of food without any fear that I might not sell it all. Sometimes I cook less food than I need and end up disappointing some of my customers. With the freezer, I am sure that my sales and profits will increase steadily.
Loan Proposal
My name is Eunice Makumba and i am 29 years old. i am married with three children, the youngest is only four weeks old. I have a food business whereby i cook and sell food to university students. My business is right next to a university and most of my customers are university students. Most students do not cook so they eat all their meals in food places around college. I have an advantage over most people that sell food around here because of the location of my business. My business is located in the midst of many privately owned hostels that do not allow cooking in the rooms. I also relate well with the students so they prefer to come to my place. My business makes a profit of about 450 dollars in a month, which is very good according to the standard around here.
My main challenge at this time is that I do not have a freezer. Because of this, a lot of food goes bad once in a while. This is the main reason why I need a loan at this time. I will buy a freezer that costs about 300 dollars. With the freezer I will be able to save a lot of food from going bad, I will also be able to cook a lot of food without any fear that I might not sell it all. Sometimes I cook less food than I need and end up disappointing some of my customers. With the freezer, I am sure that My sales and profits will increase steadily.
About Me
My name is Eunice Makumba and i am 29 years old. I am married with three children. My oldest daughter is eight years old, my son is turning four in September and Christine, the little on is only three weeks old.
I am a trained teacher but never been employed as a teacher because of the way things are in Kenya. it takes a long time before the government can employ teachers.My husband is a student, so the business is very much the main income earner for the family. I love singing, writing and spending time with the kids.
My Business
I intend to repay the loan using the earnings from my food business. My business is right next to a university and most of my customers are university students. Most students do not cook so they eat all their meals in food places around college. I have an advantage over most people that sell food around here because of the location of my business. My business is located in the midst of many privately owned hostels that do not allow cooking in the rooms. I also relate well with the students so they prefer to come to my place. My business makes a profit of about 450 dollars in a month, which is very good according to the standard around here.
My main challenge at this time is that I do not have a freezer. Because of this, a lot of food goes bad once in a while. This is the main reason why I need a loan at this time. I will buy a freezer that costs about 300 dollars. With the freezer I will be able to save a lot of food from going bad, I will also be able to cook a lot of food without any fear that I might not sell it all. Sometimes I cook less food than I need and end up disappointing some of my customers. With the freezer, I am sure that My sales and profits will increase steadily.
Loan Proposal
My name is Eunice Makumba and i am 29 years old. i am married with three children, the youngest is only four weeks old. I have a food business whereby i cook and sell food to university students. My business is right next to a university and most of my customers are university students. Most students do not cook so they eat all their meals in food places around college. I have an advantage over most people that sell food around here because of the location of my business. My business is located in the midst of many privately owned hostels that do not allow cooking in the rooms. I also relate well with the students so they prefer to come to my place. My business makes a profit of about 450 dollars in a month, which is very good according to the standard around here.
My main challenge at this time is that I do not have a freezer. Because of this, a lot of food goes bad once in a while. This is the main reason why I need a loan at this time. I will buy a freezer that costs about 300 dollars. With the freezer I will be able to save a lot of food from going bad, I will also be able to cook a lot of food without any fear that I might not sell it all. Sometimes I cook less food than I need and end up disappointing some of my customers. With the freezer, I am sure that My sales and profits will increase steadily.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Aug 7, 2014
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
Republic of Korea
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