Entrepreneur
Name
Job
Member since
August 2013
On-time repayments
6 installments • 17%
About Me
My name is job waithaka. I am a Kenyan citizen who is married with one child. I have a diploma in sales and marketing and currently works for winners dairies as a salesman. I am 26 years old .i live in manyani estate in nakuru. From the main bus terminus, a board a vehicle that plies manyani to YMCA route. Alight at YMCA secondary school. I live I a three storey building directly opposite the secondary school. The specific room is number 09. I started a cafeteria back in the year 2012 owing to the good history my father had on hotel venture. Since my childhood, I have known it as one of the lucrative business which is also easy to start. I currently have two employees one on casual basis and the other one on permanent terms. The business premises is also located in manyani. I work at an average pro fit of KES800 per day. This translates to KES 24000 in a month.
My Business
My business has been doing well since I started it . The business premises measures 4*6 meters. This allows me to handle 10 sitting clients at a time. The excess oftenly sit outside. My major recipe are:, chapatis,been stew,Githeri and beef stew in small quantities. Our customers originates from the construction sites around which are continousely cropping an indication that the business may just turn better. I currently have two employees. One on permanent basis and the other one on casual terms. My average monthly turn over is KES 130000 and an average monthly profit of KES 24000.There are several risks involve in the business but the major ones include perishability of some products i.e. milk, weather changes which impacts on preferences. I envisage to service the loan from the business savings. In the event that the business cannot support itself and service the loan, I will commit my monthly earnings to servicing the loan. I currently plough back my profit into th e business. However, ¼ of th e profit goes to my daily usage.
Loan Proposal
I will use KES 3000 to put an extension room outside the current one in order to allow me to handle more customers comfortably.This will enhance increased sales per day. I will use KES 2000 to buy more chairs to furnish the extended room. I will put the remaining KES 2000 on stock.The purchases will include those of common recipe such as been stew,githeri and chapatis among others.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 19, 2013
Repayment status
On Time
Projected term
14 months
Lenders
Osaka, Japan
Asheville, United States
Ask Job a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.