Name
Duncan
Member since
July 2013
On-time repayments
13 installments • 69%
Am thirty years old,first born in our family.i did my diploma in project management at kenya institute of management.Now living in Nakuru and currently working with swivel marketing.Also operate my kitale hotel business at langa mwisho during my part time. I would like if given small capital or loan am planning to open up a good and bigger hotel where I will build some rooms like fifteen rooms ,cook varieties like ,nyama choma,kukus ,buffe,and all sorts of drinks as I need also increase labour force one time to have a staff of like ten people .when I start earning around a profit margin of fifteen thousands per month am sure I will be able to open other hotel and this will be only for snacks.
My business is hotel based,I cook food like chai,chapatti,Giteri special,and I also sell soda baridi.i get a lot of customes sometimes especially lunch time and morning hours ,and I know this is because we normally cook nice food for a common mwananchi that is well cooked with specialized people that its value for their money because you may find special githeri with only fifty five shillings only as they eat and pay with a smile as a sign of satisfaction . my business is a profitable when I get the best and fresh milk from the market, and also fresh foodsturffs direct from farmers .The risks are when schools closes because as I have targeted schools pupils and also I find it so hard during drought season to get things like vegetables and tomatoes leading to price change hence scaring away my customers.My business costs around eighteen thousands shillings per month and a sales revenue of twenty five as I get a profit of seven thousands per month.I believe I will use the loan to invest in this business and I know its in a better position to pay the loan.
My business is hotel based,I cook food like chai,chapatti,Giteri special,and I also sell soda baridi.i get a lot of customes sometimes especially lunch time and morning hours ,and I know this is because we normally cook nice food for a common mwananchi that is well cooked with specialized people that its value for their money because you may find special githeri with only fifty five shillings only as they eat and pay with a smile as a sign of satisfaction . my business is a profitable when I get the best and fresh milk from the market, and also fresh foodsturffs direct from farmers .The risks are when schools closes because as I have targeted schools pupils and also I find it so hard during drought season to get things like vegetables and tomatoes leading to price change hence scaring away my customers.My business costs around eighteen thousands shillings per month and a sales revenue of twenty five as I get a profit of seven thousands per month.I believe I will use the loan to invest in this business and I know its in a better position to pay the loan.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 29, 2013
Repayment status
Late
Projected term
13 months
Ask Duncan a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.