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.
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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
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