Loan application for a fresh juice restaurant

Ogola Clement

Ogera, Kenya

82% repaid

Entrepreneur

Name

Ogola Clement

Member since

May 2014

On-time repayments

175 installments  •  79%

About Me

I am Clement Ogola, live in Ogera village and I am a businessman dealing in second hand clothes, mainly women wears.
I sat for my Kenya Certificate of Secondary Education in the year 2010 at Atemo secondary school. I obtained a mean grade of B-.
Due to lack of school fees to further my education, I started buying kitchen wares at cheaper prices, market and sell them.
I am married and fathering a daughter. So far I have bought three goats with the profit I have made from the business.
I like inspiring fellow youths to live their dreams and believe in themselves.
For the rest of my life,just want to enjoy freedom by being innovative in business field and help create many opportunities for young generation.
I like playing ball games during my free time.

My Business

I do sell second hand clothes commonly refferred to as mitumba in Mbale town. I have a shop where I display my merchandise and have a good sales reputation.I deal in second hand clothes that I source from the wholesalers from the open air market in Nairobi.
I have always encountered a setback due to bad debtors but it most of them nomarlly settle .I make an average of $90 monthly profit.This is after expenses of averagely $60 hare been deducted.My source of income to help me repay the loan shall come from my business which is stable but require expansion to capture more clients.
I`ll ensure I abide by zidisha regulations outlined and repay the loan promptly.
I humbly look forward to your positive response in regard to my application.

Loan Proposal

I hereby apply for a loan to expand my fresh juice business that I started earlier this year. I managed to construct a container shop that has been acting as my fresh juice restaurant. Since the business started operating in March, its been flourishing, considering that it is located at a strategic place in town. The customer turn up has been overwhelming and in a good day I have been making upto USD29 as my profit on daily basis. This has helped me in venturing into farming and as at now , I have six goats and two bulls in the village. From my savings, I have also changed the theme of my house.
I have been experiencing a challenge of space since my shop is small but the customers are many. Most customers also need some fast food like chips but this becomes a challenge since the space is limited. If my loan application is considered , I will rent a spacious room and buy more requirements for the same. This project will cost me about USD1748 . I have a plan to open up a new branch and leave the current shop operating so that I can maximise the profit from the business. The most important requirements for the business are; a double door freezer, two multipurpose blenders, a spacious room, chairs and tables and utensils. I am looking forward to making a profit of not less than USD48 per day with the new shop. I therefore with utmost humility, request for your funding .Thanks in advance.

Feedback

2

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$0.00

Date disbursed

Sep 25, 2016

Repayment status

Late

Projected term

17 months

Cost to entrepreneur

Service fee: $36.85

Lenders

frankcalberg

Zürich, Switzerland

C

CWS

Huntington beach, ca, United States

G

GalantnostS

Hong Kong, Hong Kong

B

bgalon

London, United Kingdom

J

Jason

New Jersey, United States

G

Givemoreuseless

Waterloo, Canada

valentin

Stockholm, Sweden

B

BRWorthington

San Francisco, United States

investor

Candiac, Canada

P

Peter

München, Germany

Kylie

Mount Martha, Australia

P

purina

Turku, Finland

malcolm D

grants pass, United States

C

Catolas

Kelowna, Canada

JonasG

Cologne, Germany

eagle3

Grand Ledge, United States

A

adwatson

Milan, MI, United States

BelleStarr

Albuquerque, United States

K

Kubicek

Baton Rouge, United States

Josua

Brittnau, Switzerland

AltruisticSelfishnes

Chicago, United States

E

erozlum

Istanbul, Turkey

J

Jmay2133

Fremont, United States

E

Ehaffey

Washington D.C., United States

DeanDropshot

Oslo, Norway

EHTHighSchool

Egg Harbor Township, United States

Straetman

Kaarst, Germany

A

alender

Antwerp, Belgium

J

jozua

Delft, Netherlands

W

Withnail

Reading, United Kingdom

bluetree

Mountain View, United States

I

Interfree

Dubai, United Arab Emirates

joselvelez

Dallas, United States

T

traderjohn

Baltimore, United States

G

gt2016c

Birchgrove, Australia

Tjitser

The Hague, Netherlands

H

Houdini314

Elwood, United States

F

FaaThailand

Bangkok, Thailand

A

anonymus

Moon, United States

ScottSavage

Las Vegas, NV, United States

Pere

Barcelona, Spain

J

jkwilson

Winona, United States

E

eldicri

Favaro Veneto, Italy

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

T

timdever

Batesville, United States

M

mogensh

København V, Denmark

S

simranandtyler

London, Ontario, Canada

Foxjam

St. Paul, United States

DaveinPerth

Perth, Australia

E

elkbrett

Bradenton, United States

BJ

Brandon Joz

North Carolina, United States

J

jgrauel

Zurich, Switzerland

Joseph P. Edd

Seoul, Republic of Korea

Jeff and Marcie

Portland, OR, United States

S

Southernyank

CHAPEL HILL, United States

E

Elisa

Espoo, Finland

B

BigLender

Austin, TX, United States

TK

Tim Koppel

WOLLONGONG, Australia

RockinRobin

Centennial CO, United States

C

chrisn

Egg, Switzerland

TheWhiteCat

Surrey, United Kingdom

J

JayJay

Cleveland, United States

C

CheesemanDan

Shanghai, China

C

chasingtheskies

Palmdale, United States

M

matts

New York, United States

B

briansedz

Canton, Ohio, United States

P

proby24

Singapore, Singapore

S

SelvaMarcus

Green Cove Springs, United States

DavidRisstrom

Melbourne, Australia

T

tmsaddress

Orlando, Florida, United States

S

Shadrax

Lansing, United States

C

chrisherron

Chicago, United States

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

B

blairan

Baltimore, United States

pbosakov

Sofia, Bulgaria

ksevik

Oslo, Norway

dajawein

Gladstone, Australia

athomas

Chevy Chase, United States

gbnbca

Janeville, Canada

D

DamoA

Wollstonecraft, Australia

Gillis

Helsinki, Finland

S

suzerain

Kuala Lumpur, Malaysia

andreasol

Bielefeld, Germany

J

JandC

Watsonville, United States

Pascal

Gent, Belgium

Moyeji

Australia

R

RichardH

Manchester, United Kingdom

J

j12345

Durham, United States

Z

Zippo

Berlin, Germany

ViVenusMedical

Jarfalla, Sweden

T

tomdeneire

Eke, Belgium

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

M

markusfitza

College Station, United States

IA

Ismini and Jerry

Stamford, USA, United States

P

penguin3694

Chicago, United States

A

aiban

Austin, United States

J

jzidi

Los Angeles, United States

J

JoJoHouse

New Castle, United States

S

Sabine

Courtenay, Canada

T

the0bauman

Hillsboro, United States

DukusP

Glendale, United States

S

Scordato

Mattituck, United States

D

danderson1953

Plainsboro, United States

D

doinggood

Missoula, United States

A

Austrian

Graz, Austria

E

EnhanceLife

Heber City, United States

Matthew

New York, NY, United States

S

samuk

Nottingham, United Kingdom

I

Ilona

St Catharines, Canada

Levanticus

Epsom, United Kingdom

southcentral

Zürich, Switzerland

L

loistf

Madrid, Spain

M

meandus

West Bloomfield, United States

MichelD

Bangkok, Thailand

J

jwharding

Hamburg, Germany

ads68

Melbourne, Australia

N

Nassara1

Evergem, Belgium

B

BlitheTrouper

Denver, United States

S

Scodeb123

Huntsville, United States

H

hchsmicroloans

New York, United States

U

UmSaeed

Southfield, United States

E

edgreig

Brixton, United Kingdom

A

amnesiac

Adelaide, Australia

D

Dave22202

Arlington VA, United States

A

Aaron

Zurich, Switzerland

worldcitizen

Kutztown, Pa, United States

C

cescotet

Needham, United States

D

Diane

Blue Hill, United States

RandyPetersen1

Colorado Springs, United States

R

Roxyclark

Heber City, United States

OlyRhys

Olympia, United States

E

eboleaga

Mexico City, Mexico

O

Oscart

Edmonton, Canada

Bruno

São Paulo, Brazil

ohlandtmann

Moorestown, United States

B

BillyJ

McKinney, United States

J

jerryq

Redding, United States

M

mkellerman

Shanghai, China

Tania

Antwerpen, Belgium

HMS_5th_Grade

Honolulu, United States

K

Kerrisdale

Guernsey, United Kingdom

A

Andy

Berlin, United States

A

Adam3333

Hague, Netherlands

MikaL

Helsinki, Finland

chadgibbs

Loveliest Village, United States

hugomesser

Blokker, Netherlands

fairspirit

Utrecht, Netherlands

Gordons28

Santa Monica, United States

P

peter9

Victoria, Canada

J

javifdezsainz

Madrid, Spain

Bobrm2k3

Charleston, United States

T

tbogz

Singapore, Singapore

A

arwaandali

Ottawa, Canada

D

ddandipu

Calgary, Canada

A

amish

San Francisco, United States

M

maxep06

Fairfax, United States

Sheena47

Ottawa, Canada

Patrick

Berlin, Germany

U

UTLonghorn

Lincoln, United States

JTShorty

Gorham, Maine, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

R

ruthieonart

Plano, TX, United States

PulsoJewelry

Los Angeles, United States

S

Sclodfelter

Los Angeles, United States

sbyun

Toronto, Canada

B

b_plok

Granada, Spain

Zal0m0n

Atlantis!!!! x), Mauritania

A

AndrewC

London, United Kingdom

Generaal

Antwerp, Belgium

Rena121

Sydney, Australia

gseletko

South Perth, Australia

FriendinOregon

Hillsboro, Oregon, United States

mojobob

Hayward, United States

W

wilma95

napa, United States

Lambie

Perth, Australia

L

LenoMetus

Perth, Australia

A

adamtj

toronto, Canada

tonnyschonewille

Maastricht, Netherlands

T

TodaRaba

Tacoma, United States

Mrdressup

Brisbane, Australia

dmirpuri

Bangkok, Thailand

Matthieu

Switzerland, France

H

harrymore

Townsville, Australia

C

cranejoad

cazenovia, United States

xtrahardware

Cazenovia, United States

A

Andrea

Berlin, Germany

C

Catch22

The Colony, United States

A

Alexxa

Vancouver, Canada

R

rosebo

Bend, United States

HealthcareProvider

Baltimore, United States

E

E

Marin county, United States

G

Gdrvasc

Frederick, United States

H

happytrailsjpd

South Bend, United States

A

andy.gayton

San Francisco, United States

PlanetEarth

Somewhere close, United Kingdom

M

mibrahim51

Mountain View, United States

J

jcappel

Toronto, Canada

J

JudoGlenn

North Olmsted, United States

Evan Lamos

Brussels, Belgium

S

SanderBeckers

Brussel, Belgium

A

akshu71

Ottawa, Canada

T

Texikan

Fort Worth, United States

G

GanSatya

United States

D

dbuksh

United States

D

dj9812

United States

I

ImSirFing

United States

B

BobHope

United States

L

liseman

United States

D

dajja

Stockholm, Sweden

E

EjLehar

Galesburg, United States

pvilliger

Zurich, Switzerland

W

wiwillia

Milbrae, United States

M

Malibu

Westwood, United States

Arjan Geven

Vienna, Austria

D

drorm

United States

A

adildzhalilov

United States

T

thegreek1020

San Jose, United States

C

chrishol

United States

MalcolmL

San Francisco, United States

D

DCLending

United States

O

osubucks45

United States

T

tlbtlbtlb

United States

ScholaNatura

Czech Republic

L

lenders

United States

A

adiipienaar

South Africa

S

spivurno

United States

bcortazar

Peckville, United States

N

Nijntje

Netherlands

F

FSO

Canada

A

Ansgar

Australia

M

Michi

Switzerland

J

jay12

Germany

M

merk85

United States

bb4dogs

United States

atallman

London, United Kingdom

A

ajayhk

San Jose, United States

T

toulouse

United States

Agerfar

Aarhus, Denmark

C

CraigInCo

United States

mepster

San Francisco, Ca, United States

L

Linda

United States

P

Panda6689

United States

TyWee

Manila, Philippines

L

luckiestmonkey

United States

A

AlphaAres

Azerbaijan

W

wesbh89

United States

M

Mkaput926

United States

J

JonAlec

United States

S

samanthaellen

United States

H

HLCharityFund

United Kingdom

P

pfeng

United States

Grant Xavier Storer

Seattle, Wa, United States

I

idris

United States

Loungin

United States

M

Medagan

San Franciso, United States

A

afrakhan

United Kingdom

R

Rajendra

Jamkhed 413201 Maharashtr, India

Bryan

Houston, United States

S

satheajay

United States

S

stryker75

United States

SV

sven vdk

Twickenham, United Kingdom

adrianz

United States

M

M.Umar

Pakistan

K

Kebrenagast

New York, United States

E

egines

United States

B

brothasmith

United States

GaloLending

United States

alecors

Mexico, Mexico

A

andreab

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

Martin Ward

Leicester, United Kingdom

KM

Kirsty M

United Kingdom

PH

Phil H

United States

Darcy

Ottawa, Canada

Arne Bachmann

Hamburg, Germany

T

TZ

Singapore, Singapore

Jeroen Decock

Gent, Belgium

MJ

Matt Jenkins

United Kingdom

BM

Brian Mickel

United States

Dave Bogard

New York, United States

Ben Triola

St. Louis, United States

Family Mueller

Petershagen, Germany

Robert

Sweden

Jamie

Dublin, Ireland

Jerome

Switzerland

Greg Howard

Reno, Nv, United States

MW

Matt Willis

United States

P

Patty

Colorado Springs, United States

JD

Jo Dane

Melbourne, Australia

Dominik Wagner

Karlsruhe, Germany

H

Hazel

United Kingdom

Elly

Woudrichem, United Kingdom

Jake Badger

Roskilde, Denmark

jtreyes

United States

Herbert Morin

United States

Deb Fox

Melbourne, Australia

Mark Thumpston

Solihull, UK, United Kingdom

MA

Mary Art Hunt

United States

B

Beth

United States

Lou Kaucic

Sanbornton, NH, United States

Taylor

Memphis, United States

EthicalHost

Toronto, Canada

Ramon Maghsoudi

San Francisco, United States

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Christie Young

Boston, Ma, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

Loading...

Loading...

Loading...