Loan to purchase furniture and renovation

Phoebe

Thika, Kenya

2% repaid

Entrepreneur

Name

Phoebe

Member since

June 2013

On-time repayments

249 installments  •  7%

About Me

Am a business lady,a hotelier by profession who runs a coffee and snacks cafe. i live in thika town where i have also set up my business.i started business because i like working in pastry and one day while on training a senior colleague noted my passion and encouraged me to specialise in on pastry.i started attending special exra baking lessons and as well used the internet to my benefit.i offer outside catering services too.i use the funds from my business to increase stock and purchase more cutlery required in my pastry kitchen as well as market my business.

My Business

I run a cafe and snacks outlet,I bake cakes for functions,birthdays and various events.I also offer outside catering services.My business is located in Thika town with a reliable number of customers.I will use part of the money i earn as profit to pay my loan.Zidisha funds will really boost my business especially when i purchase more pastry cutlery which have been a challenge.I will also market my outside catering services better and purchase bigger and more kitchen ware to improve my services.I will also use profit earned from outside catering services to pay my loan.

Loan Proposal

I will use the Loan i get to purchase more furniture in the restaurant due to increased number of customers which include four coffee tables and sixteen seats.I also aim to renovate the kitchen by repainting and increasing ventilation as well as repainting and redecorating the restaurant,i would like to increase my stock to enable efficiency and ease accounting.Zidisha has been very helpful in smooth running of business,i have witnessed growth in quality and quantity.I WILL FOREVER BE GRATEFUL FOR THE PLATFORM YOU CREATED

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$447.00

Date disbursed

May 29, 2014

Repayment status

Late

Projected term

77 months

Lenders

M

marycb

United States

W

winfried

Seoul, Republic of Korea

T

traderjohn

Baltimore, United States

ScottSavage

Las Vegas, NV, United States

L

Lemon

Switzerland, Switzerland

JessieD

Alexandria, Va, United States

C

CarrotTop

Bangor, United States

M

Mårten

Inden, Switzerland

P

Prysdahl

Marshall, United States

fairspirit

Utrecht, Netherlands

numbat

Perth, Australia

Atheist4good

United States

Sarasota

Sarasota, Fl, United States

T

Texikan

Fort Worth, United States

Matching Fund

Sterling, United States

A

ajayhk

San Jose, United States

A

AnnaLou

Switzerland

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