Boniface
Kangundo, Kenya
97% repaid
Name
Boniface
Member since
July 2016
On-time repayments
189 installments • 29%
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
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
I would buy raw materials like wheat flour @ 2 dollars
cooking fat 10 litres each litre 4 dollars
4 cooking pans each 5 dollars
4 tables and making of shelves 10 dollars
I would add the rest of capital from my savings
I would be able to employ other people and create more profit from your funding
I expect my profit to increase by 60%
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Aug 15, 2016
Repayment status
On Time
Projected term
7 weeks
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