Mutondo inn restruant

Bornventure

Grasslans Area, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Bornventure

Member since

June 2017

On-time repayments

18 installments • 50%

About Me

Am a young man of 33 years of age hardworking and a go-getter.
I have always nursed ambitions of owning and running a business .My childhood was tough I used to sell sugar cane in order to buy my books and clothes my dad was one person who didn't believe in his children being entrepreneurs.
This has affected my dream but after University education and losing my first gainful employment.I decided I have to revisit my childhood dream.
With the little gratuity I was given last year November by my employer I decided to do market research on Hotel/Bar business in my neighbourhood.

My Business

Aftermarket research, I penned down the required issues on my business plan, on Nov 24th my 32nd birthday Mutondo Inn sports Bar & Restruant was born as well. Near the current Flyover on Kitale -Kakamega Rd.

My passion to run a business had been born finally-Hospitality.
At Mutondo Inn we offer the best African food to our customers, we offer accommodation as well for our customers the environment is cool and serene since its outside town where we have a lot of noise.
Together with my wife who has a diploma in food and science,my manager who has over 5 years experience in managing and running a hotel I believe the sky is the limit
The following are costs for this 2018 year:
Tourism Regulatory Licence 9500/=
Liquor licence 30000/=
Music copyright society of Kenya 5400/=
Business Permit 17500/=
Since most of my savings was spent on renovations little capital was injected into the business its know 12 months old.The little profit I get is to feed my family.We had some money injected into the business of KES 50000 bar section KES 5000 hotel section.Currently, the bar has a stock of KES30,000.

Loan Proposal

I plan to buy cereals for the hotel section since this is in plenty at the moment in western region of Kenya.A 2kilo gram Tin of beans is going for $1 dollar while that of maize is half the price of beans.

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Michael Bauschke May 26, 2018

Never heard anything, lend your money to someone else...

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Loan Info

Project Type

Classic Loan

Disbursed amount

$145.00

Date disbursed

Aug 4, 2017

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

Marzl

Germany

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Mercy Jun 27, 2018

Hello Lenders,
I have reached out to Bornventure and he has promised to do something with regard to the loan repayment soon.

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Bornventure Feb 28, 2018

Hello been offline will pay on 9th Friday March kindly

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Mercy Feb 22, 2018

Hello Lenders,
I have talked to Bornventure and he has promised to make his repayment as soon as possible.

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Bornventure Feb 1, 2018

Hello kindly note that I will pay the money soonest before deadline

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Bornventure Jan 11, 2018

Thanks a lot, dear lenders I am already up purchased the beans.

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Bornventure Jan 9, 2018

Thanks team

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Bornventure Jan 6, 2018

I really appreciate the support so far from Zidisha

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Bornventure Jan 3, 2018

Hello team and happy new year, this year as part of my resolution is to ensure that I stand on my two feet once again.I have realised how a bar/restaurant performs Iam ready to face the challenges.
With your support I will move places.

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Bornventure Jan 3, 2018

Hello team I am happy and look forward to anew engagement on matters business this year with your support I will grow.

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Bornventure Jan 3, 2018

Happy new family you are great I realised the greatness of the team in December I have managed to be back on track.With your support I see my restaurant going places this year 2018.

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Bornventure Jan 3, 2018

Hello Happy new year team,this Christmas had clients but unfortunately the stock was too low I could not maximize nut with my steady growth at Zidisha I am looking forward to a bright 2018.Mercy Jowi God bless you abundantly.

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Mercy Jan 1, 2018

Bornventure has promised to pay his loan soon.

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- Bornventure Jan 3, 2018
  
  Hello thanks for the support I have been having interrupted access to the internet I lost my phone at workplace.
  
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Bornventure Dec 11, 2017

Thanks for the money I received and bought maize for the hotel.Thank you, my lenders, for the confidence.

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Bornventure Nov 29, 2017

Hello team thank you so much for the trust and confidence you had in me I promise to work extremely hard to grow in the Zidisha community.
The beans have stabilized me as its a favourite food in the hotel, I look forward to more purchases.

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Bornventure Nov 28, 2017

Thanks team for the support I have achieved what I had planned.I know intend to purchase maize for my hotel to cook Ugali for my customers

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Bornventure Nov 20, 2017

Thanks for the loan I am back I appreciate.

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Bornventure Nov 15, 2017

I experienced challenges in my last loan but were it not for it I could not have solved some issues like even paying the electrician who was knocl=king on my business daily.
The electricity fault caused a damage of over Khs.40000 for my electricals.

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Bornventure Aug 30, 2017

Team Sorry had issues that affected my timely repayment but I am working on it hopefully before 3rd.By clearing the overdue payment.

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Mercy Aug 30, 2017

I talked to Bornventure and he has promised to make a payment soon. I have also encouraged him to post on his wall to inform his lenders his challenges.

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