Loan to buy supplies for my food-catering service

Boniface

Kangundo, Kenya

97% 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 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%

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Aug 15, 2016

Repayment status

On Time

Projected term

7 weeks

Lenders

KrautFunding

Hamburg, Germany

John Minges

United States

Ask Boniface a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...