Masha cafe

Richard

Matuu, Kenya

62% repaid

Entrepreneur

Name

Richard

Member since

November 2016

On-time repayments

30 installments  •  77%

About Me

i was born in machakos county kangundo district
I went to kangundo primary school and later proceeded to kangundo high school
i was raised by poor parents and was difficult for me to continue to my school which led me to drop out of school and work at nearby hotel .
since i had experience in catering services i started my own hotel and i had passion in catering industry
the uniqueness of our place is that it has more customers and willing clients
my children want to be bu8siness people and a teacher
i like adventuring and traveling as well and reading

My Business

i provide catering services
the services are high in demand since i have potential customers
i choose this kind of business because i have passion in catering
my cost are those of buying raw materials and more tables and chairs
ill use my profits topay for school fees and re invest the remaining in my business

Loan Proposal

Ill buy more tables worth 15 dollars
Ill buy chairs worth 10 dollars
ill pay my workers worth 5 dollars
Ill pay rent worth 10 dollars
Ill buy more spices worth 8 dollars
This business will help me increase my sales turnover thus increasing my profit margin and then create employment to others
I expect my profit to increase by seventy percent

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$18.00

Date disbursed

Feb 17, 2017

Repayment status

Late

Projected term

4 months

Other loans

Lenders

larry

Sweden

Adrien Norulak

Zurich, Germany

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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