Name
Linet
Member since
October 2012
On-time repayments
11 installments • 0%
My name is Linet Sanita from Sumarini Vipingo,am a food vendor here in vipingo ridge in Mombasa Kenya.i cook and sell food to company staffs,a married with five children who are in school.The first one is in class seven ,the second one is in class six ,the third one is in class five and the forth one is in class four and fifth one is in class two . am class eight leaver.I started this in order to get my daily bread and earn for a living.From the earning am getting am using them for the payment of school fees for my children.
My business is of a food vendor at vipingo.Am selling different foods to people in a company, like sukuma wiki ,chapati, githeri, matoke, ugali ,rice, pilau and i also take soda to them. .There is high demand for the business because many people are not used to walk to far away for eating.many people prefer my business because the food am selling is hygienic fair priced and quantity .The business is profitable because there is market.The monthly gross profit is 30,000 and the expenses is 20,000 and the profit is10,000
i will use this loan some small amount of ksh 5,000 to expand my restaurant so that i can be able to accommodate more customers into my restaurant. then i will use another ksh 5,000 to buy bank of charcoals as i use this means for cooking in my restaurant. and the rest i will use them to buy wheat flour. cooking oil sugar beans and other things which will made my business run smoothly and earn more profit.
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Jan 9, 2013
Repayment status
Late
Projected term
12 months
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