Loan proposal for school fees and business boostin

Jacinta

Dandora Estate In Nairobi County, Kenya

20% repaid

Entrepreneur

Name

Jacinta

Member since

March 2014

On-time repayments

83 installments  •  37%

About Me

I am Jacinta kibe born in mangu location. I am forty four years old mother blessed with three kids a boy and two girls, I currently live in Dandora estate in Nairobi county. I work at dandora catholic parish which is the biggest catholic church in Dandora estate, besides working in church I operate a hotel at dandora bus station, I opened this hotel job June 2013. I sell all kinds of food, I rely mostly in selling pork meat which is fast moving and which provides a good returns compared to other foods. I normally get the supply from kiamaiko area, this is a place where is the slaughtering house centre in Nairobi . I get the pork meat very early in the morning and later leave it at my hotel where the rest of work are done by my son who is a chef, I later report to church to do cleaning work and other duties assigned by the priests upto 4p.m, after doing my assignments am left with ample time and instead I go to hotel to help my son attending customers I get the pork meat at 280 shillings per k

My Business

I operate a hotel business in Dandora estate, my hotels name is Pork city its located at dandora main stage. I started this business June last year after my husband got into a comma for one months, to sustain him and my three children I had to look for other source of income for his medication and also income to cater for our own needs. From the little savings we had in our joint account with my husband I invested in this small hotel, which has really improved our lives. Am now always in a good position to pay my son a good salary and other employees and also offer a good support to my two other kids who are in school. I normally get the pork supply from kiamiko area at a good wholesale price very early in the morning, as the saying says the early bird catches the worm, I get the best pork at that time. The challenges from this job is that the pork supply may be too low and therefore its hard to meet my demand. Other major challenge as I said earlier is that some religions don’t allow consump

Loan Proposal

Hi zidisha lenders , thanks so much for this opportunity you have given me to post my third loan in this platform. My business doing very well and that’s why I have decided to re-ask for another loan to still keep boosting my activities . despite that this loan is little I believe I can make the best out of it
. I have budgeted this loan as follows
40% of this loan I will use it to buy revision kits for my daughter who will be sitting his final exam at the end of next year and also pay tuition fee for smoothing learning without being chased out of school due to arrears.
30% of this loan I will purchase another mobile coolers for beverages, as this will help to keep drinks in good temperatures, furthermore it will assist me to store commodity which has high tendancy to spoil as the previous one which I boght keeps on breaking down and does not keep cool as I thought
The rest of the loan I will use it to meet other cost such as transporting cost, supportive cost to my assisting staffs and other incurring cost. Thanks a lot as you fund my project. God bless you for your support and as you fund my loan

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$51.00

Date disbursed

Jan 2, 2015

Repayment status

Late

Projected term

11 months

Lenders

M

Mark

Melbourne, Australia

W

Wade

United States

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