14 installments • 29%
my name is mary married with 3 children who are now in school called bembisha academy.i live in langola sifa mikanjuni in mtwapa.i have a restaurant business with mtwapa serving about 100 customers in a day.i went to Tsagwa primary school in the year 1999.The earning i got shall be use to expand my business and be able also to feed my family.
i have a restaurant within mtwapa mtomondoni in kenya.i sell ugali,beans,vchapati,pilau,donuts,tea,customers prefer coming to my shop because my prices are reasonable and i cook good food for them.this is profitable because the urge for eating is always there and hence a viable business venture.i make about kshs 13,000 per month and i have expenses amounting to kshs 5,000 and i remain with kshs 8,000 which is enough to pay my loan.
I have a restaurant within Mtwapa Mtomondoni in Kenya.I sell ugali,beans,chapati,pilau,donuts and tea.I will therefore use the loan to buy more stock for my local restaurant within Mtwapa.This shall include maize flour,wheat flour for chapati and more meat to add to my stock.This shall costs about kshs 25,000 and the rest shall be used for miscellaneous purposes.
Nov 5, 2012
Cost to entrepreneur
Lender interest: $356.56 at 5.62% annual rate over 15 months = $25.33
Service fee: $16.53