Purchase of supplies for my fast food business

Caroline

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Caroline

Member since

July 2015

On-time repayments

284 installments  •  32%

About Me

I am a rural girl, having been born in the Machakos region of Kenya. I, however, currently reside in the bustling capital city of Nairobi where I am employed. I am married with two lovely boys. In my current post, I am a logistics officer for a beverages company, but on my off days I enjoy doing things with my hands and spending time with my family. I also enjoy the outdoors and love to travel when time allows.

My Business

I have dabbled in the making of custom, home-made carpets in the past with some measure of success. I have recently decided to shift focus to the making and selling of snacks. I have long had a passion for cooking. I enjoy trying out new recipes to cook meals for my family in my free time. I have also catered for my friends' parties in the past and received good feedback on the quality of food served. I intend to put these talents to good use in my new venture.

Loan Proposal

I live next to a road with quite a high volume of foot traffic having several school and a church in the neighborhood as well as a lot of residential rental apartments. I have long considered putting my culinary skills to business use by opening up an outlet for snacks and fast foods. This year, i decided to actualize this dream. I have rented space in small shop next to where i live and procured some cooking equipment and food display case. I intend to start out selling potato fries and pan fried pack potatoes and expand gradually into flour-based snacks as business picks up. With this loan, i intend to purchase a sack of potatoes, cooking oil, flour and some cooking equipment that is still pending. I intend to start the business officially by mid-january.

Show original English  

About Me

I am a rural girl having been born in the Machakos region of Kenya. I however currently reside in the bustling capital city of Nairobi where I am employed. I am married with two lovely boys. In my current post, I am a logistics officer for a beverages company but in my off days I enjoy doing things with my hands and spending time with my family. I also enjoy the outdoors and love to travel when time allows.

My Business

I have dabbled in the making of custom, home-made carpets in the past with some measure of success. I have recently decided to shift focus to the making and selling of snacks. I have long had a passion for cooking. I enjoy trying out new recipes to cook meals for my family in my free time. I have also catered for my friends' parties in the past and received good feedback on the quality of food served. I intend to put these talents to good use in my new venture.

Loan Proposal

I live next to a road with quite a high volume of foot traffic having several school and a church in the neighborhood as well as a lot of residential rental apartments. I have long considered putting my culinary skills to business use by opening up an outlet for snacks and fast foods. This year, i decided to actualize this dream. I have rented space in small shop next to where i live and procured some cooking equipment and food display case. I intend to start out selling potato fries and pan fried pack potatoes and expand gradually into flour-based snacks as business picks up. With this loan, i intend to purchase a sack of potatoes, cooking oil, flour and some cooking equipment that is still pending. I intend to start the business officially by mid-january.

Feedback

3

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$219.00

Date disbursed

Jan 10, 2016

Repayment status

On Time

Projected term

7 months

Lenders

T

TrademarkMan

United States

S

shappysfunland

United States

Ahadi

France

Haim Si

Mexico, Mexico

Y

YP

Malaysia, Germany

Aran Dunlop

United States

United States

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Summary

Amount repaid

$230.20

Amount remaining

$0.00

Date repaid

Jul 10, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 17, 2016 $10.00 Jan 19, 2016 $10.00
Jan 24, 2016 $10.00 Jan 30, 2016 $10.00
Jan 31, 2016 $10.00 Jan 31, 2016 $10.00
Feb 7, 2016 $10.00 Feb 5, 2016 $10.00
Feb 14, 2016 $10.00 Feb 15, 2016 $10.00
Feb 21, 2016 $10.00 Feb 26, 2016 $10.00
Feb 28, 2016 $10.00 Feb 29, 2016 $10.00
Mar 6, 2016 $10.00 Mar 5, 2016 $10.00
Mar 13, 2016 $10.00 Mar 14, 2016 $10.00
Mar 20, 2016 $10.00 Mar 21, 2016 $10.00
Mar 27, 2016 $10.00 Apr 1, 2016 $10.00
Apr 3, 2016 $10.00 Apr 5, 2016 $10.00
Apr 10, 2016 $0.00
Apr 17, 2016 $1.00 Apr 15, 2016 $1.00
Apr 24, 2016 $1.00 Apr 15, 2016 $1.00
May 1, 2016 $1.00 Apr 15, 2016 $1.00
May 8, 2016 $1.00 Apr 15, 2016 $1.00
May 15, 2016 $1.00 Apr 15, 2016 $1.00
May 22, 2016 $1.00 Apr 15, 2016 $1.00
May 29, 2016 $1.00 Apr 15, 2016 $1.00
Jun 5, 2016 $1.00 Apr 15, 2016 $1.00
Jun 12, 2016 $1.00 Apr 15, 2016 $1.00
Jun 19, 2016 $1.00 Apr 15, 2016 $1.00
Jun 26, 2016 $1.00 Apr 18, 2016 $1.00
Jul 3, 2016 $10.00 Jun 6, 2016 $10.00
Jul 10, 2016 $10.00 Jul 9, 2016 $10.00
Jul 17, 2016 $10.00 Jul 10, 2016 $10.00
Jul 24, 2016 $10.00 Jul 10, 2016 $10.00
Jul 31, 2016 $10.00 Jul 10, 2016 $10.00
Aug 7, 2016 $10.00 Jul 10, 2016 $10.00
Aug 14, 2016 $10.00 Jul 10, 2016 $10.00
Aug 21, 2016 $29.20 Jul 10, 2016 $29.20

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