Purchase food serving warmers and more plates

Peter

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

August 2015

On-time repayments

259 installments  •  20%

About Me

ever since i was akid i have learnt to always workhard in everything i do...that memorable moment when my grandmother was always keen to reward the hard work as little as it was..even if its to be sent to the shop ..she always made sure she gave out something...from that i have always learnt in life its all about working hard and having a vision and not giving up first...all that is needed is to exploit that inside power and imaginable things will turn real...

My Business

i have been to the business for an year now...service provided outside catering..(functions e.g wedding,birthday parties)its aslow moving business that requires one to have enough equipments..in terms of food production and service....however once well marketed the performance increases with time ..challenges of income goes hand in hand with service and equipments available..with my diploma in hotel management i will be able to utilise my knowledge well for abetter future...the following is the projected cost for the needed items,food warmers at cost of100$ ... and more plates to cover for more guest 50$ ..total cost of 150$...with these i will save 30% of my profit which was used to hire...in agood day catering for 100 people menu the profit margin goes to around 10,000ksh(100$) however the business is occasional like in a month you might get 3- 4 jobs depending on the month..with these am sure the market will increase as well...

Loan Proposal

The loan will help me to buy my own food serving warmers and more plates for service hence saving on the cost of hiring.....these two equipments will help to increase the profit margin and give amore efficient service to my customers...3 food warmers will go at acost of 100$ ...and anumber of 200 plates to a cost of 50$...total cost of around..150$...more business is expected at these december holiday....

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Nov 4, 2016

Repayment status

On Time

Projected term

6 months

Lenders

K

Katpjotr

Sint-Maria-Oudenhove, Belgium

Krtecek

Balzers, Liechtenstein

F

flaguy999

Tampa, United States

Karijn

Amsterdam, Netherlands

PG

Paul Graham

United States

Stephan W

Witten, Germany

MC

Mark Cowburn

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

JH

Joseph Hwang

Houston, United States

JF

Jason Florida

United States

Paul Buchheit

Mountain View, United States

TP

theresa porter

United Kingdom

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