Entrepreneur
Name
Geoffrey
Member since
June 2012
On-time repayments
11 installments • 45%
About Me
am married with 4 children who are all schooling, i live in naivasha town 72 kilometer from nairobi, i live in plot no 112, in this plot is where i have a hotel and it is where i live with my family, i started this business because it is the work i know best. the money i get i used it in the family upkeep and save some and the lest i pay for my children school fees
My Business
my business entail in food kiosk, the business is marketable and the demand of my service is very high in the area,the people who live in this area like worker in the industrial area where people work depend in my hotel where they eat and pay in the end of month or when they get advance, so i get many customers a day , the main challenges is luck of adequate finances,high cost of commodity and high cost of living .
Loan Proposal
in my hotel i sell soda that is not hot because i dont have fringe, i want to buy refrigerator a small one to cool the sods and juice and because naivasha is very hot i will get many customers who need cold soda and also cold juice . in that case i will get more customers in my hotel and i will be able to get profit in my business thus enabling to repay my loan and help my family without stress .
Feedback
Positive
8
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Sep 30, 2012
Repayment status
On Time
Projected term
12 months
Lenders
Southampton, United Kingdom
Reston, United States
Koeln, Germany
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