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
Positive
None
Neutral
None
Negative
None
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
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Ask Richard a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.