Purchase a commercial oven for my restaurant business

Neeta

Kakamega, Kenya

Funds disbursed

$0 to go

100% funded of $299 goal

days left

Follow Neeta

How it Works

Entrepreneur

Name

Neeta

Member since

December 2015

On-time repayments

87 installments • 9%

About Me

My name is Neeta Omwanza. I am a born again Christian. I was born in Kitale District but I moved to Kakamega after my marriage.
I have schooled up to Secondary school only since I did not get a chance to get a college education due to poverty. My parents were small peasant farmers and they could not afford to take the 5 of us to school. Since during our time education particularly for the girl child was not valued, It was not a big deal that I did not learn. However, I only wish I got educated as I could be very far in life from where I am today. I do not regret though and that is why I work very hard to give my children and my grandchildren an education.

I am a wife and a mother of 2 children. I operate a small restaurant in Kakamega town centre and I depend on my business to provide for my family. My husband works on our farm and together we support our children.

I have a strong desire to succeed and I hope that with this loan my business will grow and I will generate enough income to support my family.

My Business

I run a Restaurant business - Star fast food restaurant. i decided to start the business three years ago because i realized that the location where the business would be located would give me good income because of the high population there and that is just what the business has done.

Some of my most pressing challenges are that I am limited in kitchen space and must use electric pots to make most of my meals. I would like to purchase an oven so I can serve more customers and cook healthier meals. In the future, I would also like to launch a second location where I can expand my menu and bring more Kenyan food and culture to my restaurant. In a month i make profits of upto $ 220 which i use to expand the business more. I have greater vision for my business and look forward to expand it more

Loan Proposal

Given the loan and the savings i have for the business the loan will be used to purchase inventory, an oven, equipment servicing. This will cost me around $260.

By purchasing an oven, I can provide healthier meals, and faster service. I'll also be able to prepare more meals, which will lead to an increase in revenue.

Overall, this loan will help to take my business to the next level. The more my business thrives, the more it will improve my family's quality of life