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

2

None

None



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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

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

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  • Phoebe    Oct 27, 2018

    currently unwell.

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  • Atheist4good    Jan 25, 2015

    Hi
    Why don't you think you should respond to the people that lent you their hard earned money, the reason you can't pay?

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  • Atheist4good    Sep 2, 2014

    Hi Wanju,

    How are you? You seem to be having trouble paying back your loan. Can you tell us what is going on?

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  • Phoebe    Jul 4, 2014

    am having few financial challenges due to some sacrifices that i believe will benefit my cafe in the near future,among them is expanding the restaurant which has caused disruption in serving guests thus less flow but i trust that all shall be well when am done renovating and increasing the number of tables and seats as ealier mentioned in my loan proposal.please bear with me,thank you in advance.

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    • Mårten    Sep 20, 2015

      Dear Phoebe,
      is the renovation starting to pay itself off?

      Please advise,
      Mårten

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  • Phoebe    Jul 4, 2014

    Hi thank you zidisha and all who funded my project may God bless you abundantly.am using the funds in the best way possible,though i have some challenges all will be well.

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  • Phoebe    May 24, 2014

    please help me by funding so that my project can continue to run

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  • Limeleaf    May 4, 2014

    Good luck with your business Phoebe, your cafe sounds great!

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  • Phoebe    Apr 22, 2014

    Hi zidisha is the best microfinance for young business men.My business is doing great and am trying my best to successfully complete my repayments.thank you

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  • Phoebe    Mar 27, 2014

    Hi am very grateful to zidisha for the loan.I have purchased a coffemaker though small but very effective,am one step ahead in meeting customer demand.Thank you.

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  • dcb1987    Jan 31, 2014

    Hi Phoebe, I wanted to see how things are going for you.

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    • Phoebe    Feb 13, 2014

      Hi my business is doing great thanks to zidisha.i purchased new cutlery for my business and am meeting customers demand quite well,am very glad to be a beneficiary.

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    • Phoebe    Mar 14, 2014

      my business is doing great and the new cutlery is helping meet customers demand fast.

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