Entrepreneur
Name
Kenneth
Member since
July 2018
On-time repayments
3 installments • 33%
About Me
Born in a family of three being the first born
l am currently a university student pursuing bachelor of commerce at the university of Nairobi born 22 years ago in upcountry Meru in Kenya .completed my high school education in 2013 and passed well to join one of the prestigious universities in Africa
My Business
From my desires to be a self made entrepreneur l started a small cafe business in the suburbs of Nairobi that enables me to pay my tuition and pocket money as well as helping my siblings,as l use the excess to expand my business ,in my cafe l offer food and beverage stuff and especially the fries are fast foods due to the high number of college students who form the major base of my customers.
Typical costs include labor rent electricity and water bills and local authority fees per month while profit solely comes from the sell of the foodstuff
More students are joining college in Kenya and therefore the demand is rising and need to expand my business in respect to the 4 production factors:
labor
space
capital
enterprise
l will use the profit to finance your loan advances.
Thank you.
Loan Proposal
purchase equipment to expand business
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$1.00
Date disbursed
Jul 26, 2018
Repayment status
On Time
Projected term
1 week
Other loans
Lenders
United States
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