Holiday guest inn

Boniface

Kangundo, Kenya

100% repaid

Entrepreneur

Name

Boniface

Member since

July 2016

On-time repayments

189 installments  •  29%

About Me

I was educated in kangundo district after which i proceeded to Nairobi for my higher education.
was very much interested in catering and this lead me to do my passion.
The land where i live there are numerous customers and many people are interested in my business.
my children wants to be self employed
i like socializing and traveling to meet new friends

My Business

I offer catering services in and outside mostly during wedding and dowry ceremonies.
I was funded by my parents when my business was at rescission and later repaid them.
I choose catering because i have passion in hotel management and meeting new people
The typical cost are the cost of acquiring raw material but the revenue is good
I use my profit for education and re investment

Loan Proposal

I will buy more utensil to enhance my productivity worth 15 dollars
I will pay my employees about 30dollars
ill buy 4 tables worth 20 dollars
ill buy cooking oil worth 12 dollars
this will enhance me to upgrade my services leading to increase in productivity and hence increase in profit margin,It will still help me create employment to young and energetic individuals
i would expect my profit margin to increase by about 70 percent.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$80.00

Date disbursed

Oct 16, 2016

Repayment status

On Time

Projected term

3 months

Lenders

R

Rking

Eugene, United States

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

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

Paul Buchheit

Mountain View, United States

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