I intend to buy materials of extending my premises
Irene
Nakuru, Kenya
14% repaid
Entrepreneur
Name
Irene
Member since
December 2013
On-time repayments
104 installments • 13%
About Me
I was born in a family of six in solai constituency in Nakuru district.I was born the third in a family of six girls.I am a mother of three boys and i am maried.I did my primary education at Arutani primary in solai constituency.I joined Arutani secondary,which was of the same instution as Arutani primary.I did my certificate of secondary education and managed a mean grade of c-minus.Then i got married and got three kids.I started a shop business with my husband in the year 2000.In 2005,we decided to open a butchery business which we operated upto the year 2010.In the year 2010,we decided to open up a hotel business and i have been operating the hotel since then.I sell fast foods in the hotel and soft drinks.I usually use my profits to pay for my children's fees and cater for their needs.I also save some of the earnings in a family account.
My Business
I own a hotel business which have been operating since the year2010.I usually sell fast foods and soft drinks in the hotel.There is no stiff competition because there are no other hotels nearby.I can say that my customers prefer my hotel to others because i offer quality services.The hotel holds about twenty customers at ago.The business uses about 1500ksh and earns about 2500ksh a day.This is used in purchasing wheat flour and cooking oil and other stock for the business.This earns me a profit of about 1000ksh a day.This profit sums upto 30,000kshs a month.Just like any other business,my business also faces some risks.These are; there are times when the hotel is full of customers and there is less space for other customers.This is a challenge and i was hoping that i can expand the hotel to hold more customers.I also purchase my stock i retail and i was hoping to start purchasing my stock in wholesale terms which is more profitable compared to retail.
Loan Proposal
I first want to thank all my lenders for my previous loan. I also extend my gratitude to Zidisha community for their great services. the first loan was useful to my business and i was able to reduce some of the problems i faced. with my second loan, i intend to extend my premises and increase my place of work. With this loan and my savings, i will be able to purchase materials necessary in extending my premises. I hereby, kindly request for the loan. Thank you.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
May 15, 2014
Repayment status
Late
Projected term
22 months
Other loans
Lenders
Summary
Amount repaid
$7.89
Amount remaining
$47.09
Expected completion
Mar 26, 2016
Status
Repaying late
Installment amount
$0.59
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 24, 2014 | $0.00 | ||
| May 31, 2014 | $0.00 | ||
| Jun 7, 2014 | $0.00 | ||
| Jun 14, 2014 | $0.59 | Jun 7, 2014 | $0.59 |
| Jun 21, 2014 | $0.59 | Jun 7, 2014 | $0.59 |
| Jun 28, 2014 | $0.59 | Jun 7, 2014 | $0.59 |
| Jul 5, 2014 | $0.59 | Jun 7, 2014 | $0.59 |
| Jul 12, 2014 | $0.59 | Jun 7, 2014 | $0.59 |
| Jul 19, 2014 | $0.59 | Jun 7, 2014 | $0.25 |
| Sep 6, 2014 | $0.34 | ||
| Jul 26, 2014 | $0.59 | Sep 6, 2014 | $0.59 |
| Aug 2, 2014 | $0.59 | Sep 6, 2014 | $0.59 |
| Aug 9, 2014 | $0.59 | Sep 6, 2014 | $0.59 |
| Aug 16, 2014 | $0.59 | Sep 6, 2014 | $0.25 |
| Sep 15, 2014 | $0.34 | ||
| Aug 23, 2014 | $0.59 | Sep 15, 2014 | $0.59 |
| Aug 30, 2014 | $0.59 | Sep 15, 2014 | $0.25 |
| Sep 29, 2014 | $0.34 | ||
| Sep 6, 2014 | $0.59 | Sep 29, 2014 | $0.59 |
| Sep 13, 2014 | $0.59 | Sep 29, 2014 | $0.25 |
| Sep 20, 2014 | $0.59 | ||
| Sep 27, 2014 | $0.59 | ||
| Oct 4, 2014 | $0.59 | ||
| Oct 11, 2014 | $0.59 | ||
| Oct 18, 2014 | $0.59 | ||
| Oct 25, 2014 | $0.59 | ||
| Nov 1, 2014 | $0.59 | ||
| Nov 7, 2014 | $0.59 | ||
| Nov 14, 2014 | $0.59 | ||
| Nov 21, 2014 | $0.59 | ||
| Nov 28, 2014 | $0.59 | ||
| Dec 5, 2014 | $0.59 | ||
| Dec 12, 2014 | $0.59 | ||
| Dec 19, 2014 | $0.59 | ||
| Dec 26, 2014 | $0.59 | ||
| Jan 2, 2015 | $0.59 | ||
| Jan 9, 2015 | $0.59 | ||
| Jan 16, 2015 | $0.59 | ||
| Jan 23, 2015 | $0.59 | ||
| Jan 30, 2015 | $0.59 | ||
| Feb 6, 2015 | $0.59 | ||
| Feb 13, 2015 | $0.59 | ||
| Feb 20, 2015 | $0.59 | ||
| Feb 27, 2015 | $0.59 | ||
| Mar 6, 2015 | $0.59 | ||
| Mar 14, 2015 | $0.59 | ||
| Mar 21, 2015 | $0.59 | ||
| Mar 28, 2015 | $0.59 | ||
| Apr 4, 2015 | $0.59 | ||
| Apr 11, 2015 | $0.59 | ||
| Apr 18, 2015 | $0.59 | ||
| Apr 25, 2015 | $0.59 | ||
| May 2, 2015 | $0.59 | ||
| May 9, 2015 | $0.59 | ||
| May 16, 2015 | $0.59 | ||
| May 23, 2015 | $0.59 | ||
| May 30, 2015 | $0.59 | ||
| Jun 6, 2015 | $0.59 | ||
| Jun 13, 2015 | $0.59 | ||
| Jun 20, 2015 | $0.59 | ||
| Jun 27, 2015 | $0.59 | ||
| Jul 4, 2015 | $0.59 | ||
| Jul 11, 2015 | $0.59 | ||
| Jul 18, 2015 | $0.59 | ||
| Jul 25, 2015 | $0.59 | ||
| Aug 1, 2015 | $0.59 | ||
| Aug 8, 2015 | $0.59 | ||
| Aug 15, 2015 | $0.59 | ||
| Aug 22, 2015 | $0.59 | ||
| Aug 29, 2015 | $0.59 | ||
| Sep 5, 2015 | $0.59 | ||
| Sep 12, 2015 | $0.59 | ||
| Sep 19, 2015 | $0.59 | ||
| Sep 26, 2015 | $0.59 | ||
| Oct 3, 2015 | $0.59 | ||
| Oct 10, 2015 | $0.59 | ||
| Oct 17, 2015 | $0.59 | ||
| Oct 24, 2015 | $0.59 | ||
| Oct 31, 2015 | $0.59 | ||
| Nov 6, 2015 | $0.59 | ||
| Nov 13, 2015 | $0.59 | ||
| Nov 20, 2015 | $0.59 | ||
| Nov 27, 2015 | $0.59 | ||
| Dec 4, 2015 | $0.59 | ||
| Dec 11, 2015 | $0.59 | ||
| Dec 18, 2015 | $0.59 | ||
| Dec 25, 2015 | $0.59 | ||
| Jan 1, 2016 | $0.59 | ||
| Jan 8, 2016 | $0.59 | ||
| Jan 15, 2016 | $0.59 | ||
| Jan 22, 2016 | $0.59 | ||
| Jan 29, 2016 | $0.59 | ||
| Feb 5, 2016 | $0.59 | ||
| Feb 12, 2016 | $0.59 | ||
| Feb 19, 2016 | $0.59 | ||
| Feb 26, 2016 | $0.59 | ||
| Mar 4, 2016 | $0.59 | ||
| Mar 11, 2016 | $0.59 | ||
| Mar 19, 2016 | $0.59 | ||
| Mar 26, 2016 | $0.28 | ||
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