Purchase a microwave to replace firewood at my restaurant

John

Nakuru, Kenya

100% repaid

Entrepreneur

Name

John

Member since

January 2014

On-time repayments

55 installments  •  64%

About Me

My name is John Ruiru icome from nakuru , bahati scheem . I am married in a monogamous family and we are blessed with lovely daughter. I went murungaru primary school for eight years completing my primary level in 2003. After my primary level , I passed well and adimitted in st johns secondary school in 2004. I completed my o lever in 2008 but I lacked money for further studies. Immediately after finishing my o level I was employed in a hotel as a waiter. I did this job for two years then I dicided to set up my own hotel business in 2010 which I am doing up to date

My Business

Smiles hotel was started in 2010. It has been ran now for 3 years under my management . I have employed two employees in this hotel to service a cook and a waiter. When the business has gone up, it gives me a profit of a thousand shilling having bought commodities for cooking tomorrow. During the time when it has gone down, it gives me a profit of seven to eight hundred shillings, generally it does well all through out the year.so i have the confidence in my business that it will enable me to repay the loan i am requesting.

Loan Proposal

After repaying my past two consective loans Iam hereby once again reapplying for the third loan of USD152.I would to use the loan to purchase a micro wave for my hotel.It cost KES 14,000 in a supermarket. This micro wave is useful to me as I will be using to warm cold meals for my customers.It prevent meals from tasting and smelling smoke from our smoky kitchen that uses firewoods.It will also help in saving energy and time for doing another work.So, buying it, will really assit me to improve services to my customers.It is my sincere hope that my humble loan request will considered by you dear lenders.Please support me in purchasing this micro wave.thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$148.00

Date disbursed

Jun 20, 2014

Repayment status

On Time

Projected term

8 weeks

Lenders

KYLE LARSON

Little Falls, United States

MarktheMormon

Sandy, Utah, United States

Tom44

Vancouver, Canada

S

SammyGeorge

Belfast, United Kingdom

gseletko

South Perth, Australia

Agerfar

Aarhus, Denmark

Leonardia

Waddinxveen, Netherlands

J

jdelaporte

United States

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