Pub investment

Dennis

Nairobi, Kenya

32% repaid

Entrepreneur

Name

Dennis

Member since

November 2015

On-time repayments

64 installments  •  14%

About Me

my name is Dennis Mathew ,age 28 years old
I am a total orphan brought up with a good Samaritan from a rural area in siaya town.
i thank God for her to pay my school fee up to high school and i love a lot.
through her and i have learn a lot but all in all patient pays and everything thing is possible in the name of God.
i started working for someone as a bar man in Nairobi and that's where i gain my experience in selling alcohol . that's where i managed to save my capital to start my own small pub in umoja where by am now seeking support in capital to add more stock during this holiday session .

My Business

I own a mini local pub in Nairobi Eastlands area. I sell wines, beer and whiskey. In addition I also sell soft drinks.
For leisure time entertainments during evening hours, weekends, holidays and festive seasons.
Because Kenyan people likes drinking alcohol mostly after job and festive session and that's make it on demand as well as it is a fast moving business.
My cost on a daily basis amounts to Ksh 10,000 and the revenue is Ksh 13,000 making an average profit of Ksh 3,000.

I use my profits for reinvestment in growing the business.
I have employed one girl but once i have a good capital to restock with i be leave my sells will go up and at the same time it will expand of which i will have to add one employee.

Loan Proposal

I will 3 crates of beer at Ksh 3,200 each a total Ksh 9,600, whiskey and soft drinks amounting to Ksh 10,000 plus additional transport cost of Ksh 400.
This investment will increase profits as well as creation of jobs as the business grows.
within three months i will net a profit of Ksh .20000 of which i will reinvest it in the club by putting more stock.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Dec 6, 2015

Repayment status

Late

Projected term

15 months

Lenders

A

aaronmcmurray

SLC, UT, United States

J

Jason

New Jersey, United States

AltruisticSelfishnes

Chicago, United States

michellev

Melbourne, Australia

J

Jennifer

Minneapolis, United States

J

jasonbronowitz

Tempe, United States

indeh

London, United Kingdom

D

duckdork

De Forest, United States

K

Klemens

M, Germany

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

R

rohbear

asheville, United States

L

LenoMetus

Perth, Australia

D

dajja

Stockholm, Sweden

S

sarah4d2

Saint Louis, United States

mepster

San Francisco, Ca, United States

Q

qeorge

United States

chriseyre

Fremont, Ca, United States

H

hedyeyre

United States

G

GMB2014

United States

O

OzMonkey

Australia

S

simonthompson99

United Kingdom

S

Sophia20450

United States

D

dscottprod

United States

AndrewNeu

Ho Chi Minh, Vietnam

T

timnj

United States

A

araali

United States

J

JonAlec

United States

H

HLCharityFund

United Kingdom

R

rwebb

United States

P

pfeng

United States

Grant Xavier Storer

Seattle, Wa, United States

R

reganbrian

United States

Hoops

United States

M

Marielle

United States

A

aajmp

United States

R

Rajendra

Jamkhed 413201 Maharashtr, India

N

nedenchase

United States

G

Gfunkey

United States

M

Millie_and_Babs

United Kingdom

B

beegkitty

United States

M

michael0921

Fairmont, United States

K

Kebrenagast

New York, United States

R

rokbe

Netherlands

Andrew267

Birmingham, United Kingdom

S

seanos

Nottingham, United Kingdom

P

Pinkhobgoblin

United Kingdom

B

brothasmith

United States

Kallwejt

Warsaw, Poland

A

andreab

United States

P

Pragathi

United States

J

Jack123

United States

D

Differick

Netherlands

S

Stephan

Netherlands

LB

Luke Brown

United States

Martin Ward

Leicester, United Kingdom

RJ

Ryan J Cotton

United States

stephen sontag

Narragansett, United States

PH

Phil H

United States

Haim Si

Mexico, Mexico

Michelle

Sydney, Australia

Dave Bogard

New York, United States

Fabian Linzberger

Vienna, Austria

U

Ulrich

Switzerland

MW

Matt Willis

United States

P

Patty

Colorado Springs, United States

Thomas

Basel, Switzerland

JD

Jo Dane

Melbourne, Australia

Nick

Manchester, United Kingdom

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