Inventory for potatoes for restaurant

Loice

Kisumu, Kenya

54% repaid

Entrepreneur

Name

Loice

Member since

April 2014

On-time repayments

47 installments  •  51%

About Me

Im a married woman of 32 years of age.Im a born again christian,i have a diploma in pharmaceutical technology.Since finding a job proved difficult i decided to start up a business that will sustain me and my family instead of waiting for my husband to provide.At the moment im able to buy my stock in bits and increase my sales.My desire is to iown a hotel that caters for peoples needs by incuding traditinally cooked food to satisfy the needs of people as the trend has moved to traditionally prepared foods and not junk.

My Business

I run an estate fast food and cafe.We sell Chips,chicken,kebabs,samosas,sausages,fresh juice,soda and ugali,traditional vegetables,meat,rice and chapati on order.Most people living around the area are in employment and sometimes cannot have home cooked meals due to busy schedules,some are not married especially menfokl amd cannot cook.So the cafe caters to their needs in terms of food.CUtomers prefer my businessbecause my premise is clean,services rendered are good and we offer home cooked meals of their preference as per orders.We are alos flexible with closiing time for those who get home late.My monthly costs are for rent for the premise 15000,electricity bill15000,garbage collection 200,water bill 500,salaries 13000.my source of income is money i get after sales of food and eggs for consumption.Sales on daily basis varies from 2500 a day to 7000 on the weekends.

Loan Proposal

I want to use this next loan to take advantage of the festive holiday season by increasing my productions of french fries,sausages,samosas,kebabs,fresh juice and cooked food.I also want to introduce mandazis in the morning because with kids being home for the holidays they tend to snack alot. I want to stock up on 2 sacks of potatoes going @ 4000 kshs a sack,cooking oil 3 jerricans of 20 litres going @ 2750kshs a jerrican,minced meat 5kgs going for 360kshs per kg,5 packets of sausages going for 445kshs a packet,6 packets of baking flour for mandazis going for kshs a packet.3 packets of sugar going for 280kshs each.3 crates of 500ml soda going for 810 kshs a crate,5 crates of 300ml soda going for 460 kshs a crate.If i stock up completely i will sell and save the money i sell then restock as i repay my loan.It will be easier for me to determine how much profit i will make during the festive season,i also want to buy live chicken @ 300 kshs each to sell at 500kshs each to make an extra profit.
Thanking the Zidisha Community and lenders for continuing to support me as pursue my dreams.

Feedback

2

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$295.00

Date disbursed

Nov 26, 2014

Repayment status

Late

Projected term

7 months

Lenders

investor

Candiac, Canada

SeeMeeFi

Ontario, Canada

Namaste250

Pittsford, United States

T

tuttifrutti

tulare, United States

McJulio

New Jersey, United States

M

marcelitohb

Bremen, Germany

ads68

Melbourne, Australia

Cricketca

San Jose, United States

M

Mieli

Kotka, Finland

I

idris

United States

Mikers

Netherlands

K

KiraDee

United States

KM

Kirsty M

United Kingdom

John Altimate

Staffordshire, United Kingdom

Ask Loice a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Loice    May 6, 2015

    I'm very sorry for being so quiet,I have been under alot of stress.My husband has not been doing well financially and the burden has been on me to provide.With the baby,it has not been easy hence the reason for the arrears I'll do my best to clear the arrears and resume payments of the installment.Im very sorry for the inconvenience caused,it has ruined your trust in me.I pray that I will regain the trust you had put in me.God bless the lenders and Zidisha community

    Log in to reply • Share
  • Loice    Mar 4, 2015

    Managed to send the installment today.I really hope you are not disappointed in me.

    Log in to reply • Share
  • Loice    Mar 3, 2015

    My daughter is my inspiration and my pride and joy.She makes me feel so determined to go to any length to provide for her.The Bible says that we shall eat the good of the land.

    Log in to reply • Share
  • Loice    Mar 1, 2015

    The month has ended,looking forward to the new month of March.My baby is going to be 3 months on the 15th of this month.Looking forward to her getting older so that I can go back to my normal routine.

    Log in to reply • Share
  • Loice    Feb 11, 2015

    Once again I would like to say thank you for understanding me,when I was late with payment.Business is not bad and I know from the beginning of next month.Cash flow will be much better,my daughter is now 8 weeks old.I give glory to God.I am thinking of getting a new freezer and a cooler box,to increase income by making more fresh fruit juice to sell to passersby at 50 bob per 500ml plastic bottle.This will also boost sales and give me good profit.Im planning on looking for a cheaper premise at a busier street,next to the market.My prayer is that God will open a door for me to access information so that I can also save the extra money,I would pay for rent.God bless you lenders and the Zidisha community

    Log in to reply • Share
  • Loice    Feb 3, 2015

    My baby is now 7 weeks old and im enjoying motherhood,After having lost 3 times as a first time mother,this is giving me motivation to work harder than before.I now have someone who depends on me and I can't mess up.I have now started payment of my loan installments.Im hoping that at the end of this month,business will pick up.Since parents will be through with school fees and everyone will have recovered from the holiday blues.Then I will be able to make more money.Diapers and formula milk is expensive but it is worth it,because my baby is a precious little angel.Thanks to Zidisha,this is possible because I have a means of income.Words cannot express how grateful I am to the lenders and Zidisha community.God bless you all

    Log in to reply • Share
  • Loice    Jan 24, 2015

    I had an emergency caesarean section in December,so the money I had saved up went into paying my hospital bill and the doctors fee.I have not been able to stay at the business premise to supervise work because I was recuperating.I sincerely apologize for any inconvenience caused.It was not my intention to disappoint the lenders,as soon as I'm back on my feet.I will increase my installment so as to clear the loan on the agreed date,which is the 15th of March.I would also like to be paying my installment on Tuesday instead of Sunday.With the loan I received I added stock of potatoes,sausages,cooking oil,sodas,minced meat,charcoal,rice,spices for cooking pilau.Cutlery and new plates.I started selling fresh fruit juice,bought maize flour for ugali.

    Yours sincerely,
    Loice Momanyi

    Log in to reply • Share
  • John Altimate    Jan 24, 2015

    Hi Loice. Any update on the baby and how are you?

    Log in to reply • Share
    • Loice    Jan 24, 2015

      Hi John the baby is fine,she is now 5weeks old.Im very grateful for your concern.Im getting better,the wound is healing well,as from the beginning of February I'll be able to go to the business premise.Im looking forward to making up for lost time,since I have been away for so long..
      God bless you John

      Log in to reply • Share
  • Joseph    Jan 11, 2015

    Hello loice are you using a comp ?maybe there are some changes as there was a time the system didn't accept the adjustment if you haven't paid anything on your current loan if that is so you can make an amount whichever small that you can get and after this the adjust repayment option will appear on your dashboard.
    Regards
    Vm
    Joseph

    Log in to reply • Share
    • Loice    Jan 24, 2015

      Thank you so much Joseph,I did as you instructed me and it worked.My worry is will the lenders trust me enough to give me another loan once I finish paying off this one.Since I have been so late,but it was not intentional

      Log in to reply • Share
  • McJulio    Jan 6, 2015

    Congratulations on your new baby. Glad to hear you are doing well.

    Log in to reply • Share
    • Loice    Jan 7, 2015

      Thank you McJulio,im very sorry for being late on payments.I will start making payments as soon as possible.God bless you
      Wishing you a prosperous 2015

      Log in to reply • Share
  • Loice    Jan 6, 2015

    I had written on my page concerning my lateness with the loan repayment.A message has been sent to my family members,business associates and pastor that I have refused to repay the loan.I understand that I should have notified you people earlier.It was not my intention to default on payment,I'm sincerely sorry for any inconvenience caused on my part.I was not in control of the what happened,the baby came early and there were complications.We are lucky enough to be alive and healthy,due to an emergency caesarean section.Hence the delay in payment,it will never happen again.Once again I apologize for the inconvenience caused.

    Loice

    Log in to reply • Share
  • Joseph    Jan 3, 2015

    Hello loice, sorry for the late reply on your message concerning the reshedule procedure please log in to your account open dashboard,adjust instalment, choose option one or two according to how it will indicate ,read the whole information written there , enter amount , indicate the reason for the reshedule in the box provided , review and then post
    Regards
    VM Joseph

    Log in to reply • Share
    • Loice    Jan 7, 2015

      Halo Joseph,i have not been able to get the option of adjust instalment.Please help me out coz i need to make adjustments

      Log in to reply • Share
  • Namaste250    Dec 29, 2014

    Hi Loice,
    I am so glad to hear that your baby is healthy and that you are doing well. That is the first priority. I am sure you will get back to making your payments when you can.
    Happy New Year and best wishes to you and your family for a healthy and prosperous 2015

    Log in to reply • Share
    • Loice    Dec 29, 2014

      Thank you Namaste250,my baby girl is doing great.I definitely will get back to making my payments.Thank you for understanding..Happy New Year to you too

      Log in to reply • Share
    • Loice    Feb 3, 2015

      Halo. Namaste250,hope all is well with you.I adjusted my installments and I have started paying,I feel so relieved now.My baby has become a source of joy in my life.May God richly bless you

      Log in to reply • Share
  • Loice    Dec 26, 2014

    I would like to apologize for being late with my payments,I had complications and I had to have an emergency caeserian section done.So the money I had saved went into paying my hospital bill and the doctors fee.Since I was admitted in hospital i could not send mail to make the Zidisha community and lenders aware of my situation.If possible now that I'm out of hospital and my baby is fine and healthy,i would like to Reschedule my payments and start paying from the second week of January,so I'm going to be 4 weeks late than the agreed date on the schedule.Please bear with me,I'm very sorry for not communicating on time.I would not like to let the lenders down.Wishing you a prosperous New Year.

    Log in to reply • Share
  • Loice    Dec 9, 2014

    Thank you so much lenders for your generosity.I will be posting photos of my progress soon.Im due soon this month I will be having my baby soon.Thank you so much for contributing towards making my dreams come into reality.

    Log in to reply • Share
  • Joseph    Nov 27, 2014

    Hello loice ,iam joseph a vm with zidisha i seen a post that you had posted on your vms profile did you succeed to do the reshedule? if no please feel free to contact me for any help

    Log in to reply • Share
    • Loice    Nov 27, 2014

      My issue was sorted out,thank you for your concern.

      Log in to reply • Share
  • Loice    Nov 27, 2014

    I am going to make the best of my loan.God bless the lenders and Zidisha community for the support given to me.

    Log in to reply • Share
  • humblehumanity    Nov 19, 2014

    Good luck acquiring the loan Loice

    Log in to reply • Share
    • Loice    Nov 27, 2014

      Thank you so much for your support.May God richly bless you,I will not disappoint

      Log in to reply • Share
  • Loice    Nov 12, 2014

    I look forward to making money with the holidays here and the festive season just around the corner.

    Log in to reply • Share
  • Loice    Nov 1, 2014

    With my loan I added stock of soda,cooking oil,potatoes and eggs for wholesale and retail.This has given me an advantage in that I have increased my earnings.I recently have been able to save money through a merry go round,which will be shared out in December.With this money I will be able to buy a few items for my baby.Thank you so much Zidisha community and lenders for your kind support and trust in me.

    Log in to reply • Share


Loading...

Loading...

Loading...