Peter

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

October 2011

On-time repayments

120 installments  •  33%

About Me

I am 41 years old, married with seven children who are all schooling. two are in high school while the remaining five are in primary school. I live in kiptangwanyi which is about 41 km from Nakuru town. I live in my plot which is plot number 14 in the kiptangwanyi shopping center. I am not formally employed and have been meeting my family needs through various manual work that i have been doing here and there. This prompted me to start the business of a hotel that i have been operating since 2006.

My Business

My business entails operating a hotel in kiptangwanyi shopping center. I sell fast foods and drinks in my hotel. I started this business after I realized the potential of this business in this area. My target was high school and primary school children who were and still are very good customers of my business. customers prefer buying from my business as I provide quality and clean food. I also ensure that my food is always fresh and this promotes my business so much. the risks that my business face are shortage of supplies and drought which affects our sources of the foodstuffs that i make.Currently I am using my earnings to expand my business to other neighbouring kiptangwanyi shopping centre.

Loan Proposal

My customers are mostly primary and High school students. I would like to enlarge my business premises with the money that I will be lend by Zidisha. I would also like to introduce some foods that are very common with students. This include foods like chips, sausage and hotdogs. I will also be selling cold softdrinks because the temperatures in this area are usually hot during the day prompting many people to take a lot of cold drinks. This is a golden opportunity for me to provide these services and I hope to do this as soon as I receive the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$152.00

Date disbursed

Oct 25, 2011

Repayment status

On Time

Projected term

6 months

Lenders

M

marycb

United States

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

d

., United States

S

Snick

Halle, Germany

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