New hotel for my customers

Biria

Kisii, Kenya

Funds disbursed

$0 to go

100% funded of $4 goal

0

days left

Entrepreneur

Name

Biria

Member since

March 2017

On-time repayments

5 installments  •  0%

About Me

My name is Biri Osembe.I am 25 years old.I started my basic education saint Peter's Academy in kisii county.I was able to join Keroka High school and score a grade of C +.I am an orphan myself two years ago my parents got a plain crash.I was not able to join university because I never get money to pay for my further studies.
I started buying milk and selling with small addition hence making profit.
I reduse the price of milk hence getting a lot of customers where I was given a tender at near by kcc.All the profit I had I open a small hotel.
We have brotherhood thing and this surely smoothen my business.
My lovely wife Ann and I were blessed with a boy he is called Peter.He is 5 years old by know, he always wants to be a pilot when he grow up.
I like watching movies this my hoppy.It make me feel fresh after being exhausted with a lot of activities.

My Business

I work in an hotel and sale milk at same time.
We did not have an hotel in our town, we also had a lot of milk but lack buyer.When I started this kind of business I found it demanding.
It is kind of flexible in management and business capital.
One cup of milk cost ksh 20,a cup of tea cost ksh 10 and pancake @ ksh 10 each.
Since I could get 45 thousand per month I use sh 10000 for business improvement,sh 5000 for school fees and sh 2000 house improvement

Loan Proposal

With loan given and my profit I will be able to buy five chairs @ $ 1.00 in order to hold more customers.I exspect 10% increase in my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Mar 20, 2017

Repayment status

Late

Projected term

5 weeks

Lenders

A

Andrei

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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