I plan to use the loan on buying new furnitures, this will help me increase space on my hotel and this will offer me a g...
Michael
Cinderlodge, Kenya
100% repaid
Entrepreneur
Name
Michael
Member since
December 2013
On-time repayments
22 installments • 9%
About Me
i am Michael kang'ethe, i attended murungaru primary school and after passing on my primary level education i got a chance to join st john secondary school where i got a minimum pass and later joined a government institution to pursue my course, i completed my studies last year on mid august where i graduated with a certificate on early childhood education at thogoto teachers training college, having been born on a family of five and a single parent(mother) i decided to start a business to earn a living and cater for my family, the business has been good only that i have a shortage of furniture and utensils, i wish that the zidisha family will consider my plea and assist me on my job.
My Business
i have a hotel which is situated at karunga shopping center, it goes by the name of mamas choice and it offers great choice of food and i also offer outside catering, my hotel is on an ideal location that enables me to have a great deal of customers, on a good day i am able to make a profit of around 500sh this enables me to cater for brothers studies and my personal needs, although the business is on ideal location i usually face some challenges which include lack of furniture whereby i usually get lots of customers but they lack a place to seat, if only i could get the loan i would be able to get the furnitured which would raise my job. the furnitures would cost me around 18000, with new furnitures am very sure that my job would have a high rate of profit and it would enable me to enlarge my working place.
Loan Proposal
I wish to buy new furnitures for my hotel, i believe this will help increase tha space and in turn offer me a great opportunity to serve more customers and this will help me raise more money, i have been having problems due to lack of furnitures, might zidisha lenders consider my plead i plan to expand the room and make a change in my life and the community. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 26, 2014
Repayment status
On Time
Projected term
5 months
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