Improving our catering business

Anthony Opara

Lagos, Nigeria

100% repaid

Entrepreneur

Name

Anthony Opara

Member since

May 2019

On-time repayments

33 installments  •  100%

About Me

My name is Anthony Opara, I live in Lagos Nigeria with my wife Vero and our three sons. We work as caterers and survive by catering for weddings, birthdays and other occasions. We have had to cater to families who prefer our home cooking to buy from hotels and other eateries because our food comes with a touch of home. Over the period we have discovered that our engagements require a lot of planning and renting of equipment and human resource management as we sometimes require some experts to assist us in preparing some dishes requested by our customers.

We now need a blog site to advertise our business on the internet so we seek a loan to pay for a website where we can advertise and get more people to know about our business and hire us for our outdoor service

My Business

Our business is catering to different clients ranging from schools, companies, families friends and even family members. Our business is based in Lagos but we have had to travel outside the state to cater for a burial ceremony. We cook different kinds of food and cakes and small chops to satisfy the requirements of our customers, which is sometimes based on what part of Nigeria they come from. We sometimes employ experts to cook some of the food requested by our clients. The greater challenge of our business is planning all the aspects including human resource management and transportation.

Loan Proposal

Our business relies a lot on having complete cutleries such as cooking pots, spoons, forks and plates to dish our food and serve it in such a way that people get their food on time and the plates are efficiently removed. In our case, we serve different delicacies some of which their types of plates. An example is that we serve pepper soup and this pepper soup requires that certain types of plates are used. We serve small chops which require other types of plates so acquiring cutleries is important to the business and this loan is, therefore, to continue to buy more instead of hiring them from other caterers.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$47.71

Date disbursed

May 29, 2019

Repayment status

On Time

Projected term

5 weeks

Cost to entrepreneur

Service fee: $2.04

Credit risk payment: $12.22

Lenders

John Minges

United States

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