Loan to expand my food kiosk

Vincent

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Vincent

Member since

November 2016

On-time repayments

65 installments  •  72%

About Me

Dear lenders, my name is Vincent Semo. am aged 21. I was born in a remote village in kakamega county in Kenya. I schooled in local amprimary and secondary schools. through sheer hardworking I made it to university where am currently pursuing degree in actuarial science. since my university is highly populated I used to miss food in the school canteen due to commotion which made me think of starting my own food store to supplement what the canteen offered and also help out my colleagues. during my part times I like skating sio much.

My Business

I offer snacks and beverages in my canteen. my supplies are so useful since students have a shirt period breaks in between lectures hence they can't get time to cook or look for food from fa distances therefore I come in very handy. I chose this kind of business due to the high demand for snacks and light foods by my colleagues and the frustration they used to go through to satisfy this need. my typical costs are about 400 US dollars per month. I use the profits obtained to pay my shopkeeper, rent, buy stock and I also save a some for my future.

Loan Proposal

if i successful raise the funds i will us all the moneys raised to add stock to my food canteen to include fresh fruit juice. i intend to buy a blender to use in blending fresh fruits from the farm as at right now there are plenty fresh fruits in the market which i can add value to by blending and make profits.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

May 6, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Franmiguel

Perth, Australia

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