New freezer and oven to improve productivity

James

Nakuru County Nakuru Town, Kenya

100% repaid

Entrepreneur

Name

James

Member since

September 2013

On-time repayments

127 installments  •  56%

About Me

I am aged 26years. A Kenyan by nationality,living in nakuru county.I did my o level in 2006 then joined National youth service school of catering where I did food and beverage production service and sales craft level. I did my first job at Samburu simba lodge for 1year 4 months, having acquired skill in the hotel industry and seeing good potential in establishing my own business in the same field, I quit the job and started a fast food outlet which am operating till now. I use my earnings from the business to purchase better equipment i.e fridge,oven, microwave in order to satisfy the increasing demand of my customers. The remaining amount caters for my personal needs like food,clothing and shelter.The rest of my savings goes to education to advance my knowledge. I am currently pursuing a diploma in food production and hotel management.

My Business

The business has been doing good although some challenges i.e.Inadequate capital to improve my business.Equipment shortage e.g better oven, microwaves, gas cooker etc that will help me improve the quality of my food These are the 2 major challenges that am facing currently. I humbly request for a loan in order to work on the mentioned challenge s to meet my target and meet my demand to my customers , i make around 20000sh to 25000sh in a month, am focused and working hard to gain more experience and also to enlarge to a reliable business.

Loan Proposal

I must admit that am very grateful to the entire Zidisha community and lenders, for the great support that i have received through my previous loans.I am in need of a freezer and an oven in order to improve the restaurant productivity in both quality and quantity. This will cost me $270 for the freezer, and $300 for a bigger oven so with your help of $500, i will add $100 from my savings and buy both items. I am proud to say that through the income i get from my restaurant, i am able to improve and expand my business, offer my two siblings job opportunity since they work in the restaurant, and at the same time pay school fees for my youngest sister who is in her final year in college studying a course on hospitality. I promise to use the fourth loan responsibly and regularly update you on the progress of my restaurant. Thanks.

Feedback

3

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$512.00

Date disbursed

Dec 8, 2015

Repayment status

On Time

Projected term

9 months

Lenders

Zidisha

Sterling, United States

Paul Buchheit

Mountain View, United States

rjb

Phnom Penh, Cambodia, United Kingdom

MW

Matt Willis

United States

Z

zaroastra

somewhere over the rainbow, Portugal

PR

Paul Rausch

United States

John Minges

United States

Ask James a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$510.65

Amount remaining

$0.00

Date repaid

Oct 18, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 20, 2015 $13.00 Oct 18, 2018 $13.00
Dec 27, 2015 $13.00 Oct 18, 2018 $13.00
Jan 3, 2016 $13.00 Oct 18, 2018 $13.00
Jan 10, 2016 $13.00 Oct 18, 2018 $13.00
Jan 17, 2016 $13.00 Oct 18, 2018 $13.00
Jan 24, 2016 $13.00 Oct 18, 2018 $13.00
Jan 31, 2016 $13.00 Oct 18, 2018 $13.00
Feb 7, 2016 $13.00 Oct 18, 2018 $13.00
Feb 14, 2016 $13.00 Oct 18, 2018 $13.00
Feb 21, 2016 $13.00 Oct 18, 2018 $13.00
Feb 28, 2016 $13.00 Oct 18, 2018 $3.10
Oct 18, 2018 $9.90
Mar 6, 2016 $13.00 Oct 18, 2018 $13.00
Mar 13, 2016 $13.00 Oct 18, 2018 $13.00
Mar 20, 2016 $13.00 Oct 18, 2018 $13.00
Mar 27, 2016 $13.00 Oct 18, 2018 $13.00
Apr 3, 2016 $13.00 Oct 18, 2018 $13.00
Apr 10, 2016 $13.00 Oct 18, 2018 $13.00
Apr 17, 2016 $13.00 Oct 18, 2018 $13.00
Apr 24, 2016 $13.00 Oct 18, 2018 $13.00
May 1, 2016 $13.00 Oct 18, 2018 $13.00
May 8, 2016 $13.00 Oct 18, 2018 $13.00
May 15, 2016 $13.00 Oct 18, 2018 $13.00
May 22, 2016 $13.00 Oct 18, 2018 $13.00
May 29, 2016 $13.00 Oct 18, 2018 $13.00
Jun 5, 2016 $13.00 Oct 18, 2018 $13.00
Jun 12, 2016 $13.00 Oct 18, 2018 $13.00
Jun 19, 2016 $13.00 Oct 18, 2018 $13.00
Jun 26, 2016 $13.00 Oct 18, 2018 $13.00
Jul 3, 2016 $13.00 Oct 18, 2018 $13.00
Jul 10, 2016 $13.00 Oct 18, 2018 $13.00
Jul 17, 2016 $13.00 Oct 18, 2018 $13.00
Jul 24, 2016 $13.00 Oct 18, 2018 $13.00
Jul 31, 2016 $13.00 Oct 18, 2018 $13.00
Aug 7, 2016 $13.00 Oct 18, 2018 $13.00
Aug 14, 2016 $13.00 Oct 18, 2018 $13.00
Aug 21, 2016 $13.00 Oct 18, 2018 $13.00
Aug 28, 2016 $13.00 Oct 18, 2018 $13.00
Sep 4, 2016 $13.00 Oct 18, 2018 $13.00
Sep 11, 2016 $13.00 Oct 18, 2018 $13.00
Sep 18, 2016 $3.65 Oct 18, 2018 $3.65

Loading...