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.
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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
SLC, UT, United States
Tempe, United States
Fontvielle, Monaco, Yemen
United States
Sweden
United Kingdom
Vietnam
Netherlands
United States
Germany
United Kingdom
Netherlands
Australia
United States
United States
Taiwan
Germany
United States
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