New electric oven for selling hot samosas

Alfred

Njoro, Kenya

100% repaid

Entrepreneur

Name

Alfred

Member since

February 2015

On-time repayments

275 installments  •  10%

About Me

I was born in Molo village in Nakuru county.Since my parents were not working i was not able to get education beyond secondary level.So after secondary i started casual jobs.After years i started my own business of which i do to date in molo town.Now my dreams is to be able to educate my children and be able to have a better life in future.

My Business

My business sell ready made food.I make sambusa from from beef,sousages,smokies.This business have done for several years.I started this business so that i can earn a living so that i can support my family.My biggest challenge now is i do not have enough capital to move my business to the next level.

Loan Proposal

I take this golden moment to thank you so much for your kind support.This loan is one of it's kind.My whole life have been touched through this loan and i wish to be touched even more.My budget is as follows

$100 i will use to buy an electric oven.It's very cheap in samosa making as compared to firewood which i use right now.Also the quality of the product is also high hence attracting more customers.So this loan i expect to increase my revenue by at least 40% and also save the production cost of which if i may estimate i expect 60% increase in profit.
$50 i will deposit down payment for daily meat supply.This will make me have a reliable daily supplier making me to run my business efficiently without shortage.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$132.00

Date disbursed

Mar 23, 2015

Repayment status

On Time

Projected term

2 months

Lenders

O

ocnis

Seattle, United States

T

thebonseung

Republic of Korea

T

tmarkus

Netherlands

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