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.
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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
Other loans
Lenders
Belfast, United Kingdom
United States
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