Raise revenue cost for hotel

Rahab

Ndeiya, Kenya

41% repaid

Entrepreneur

Name

Rahab

Member since

July 2015

On-time repayments

53 installments  •  28%

About Me

I am a single mother of three kids who are all in school. The eldest is at college level, while the rest are in High School. Both are doing well in school, and I've much hope in them. I own a mid-range hotel in Nairobi, Kenya. I borrowed a loan from Equity Bank in 2013, and ventured into the food industry. This was immediately after my husband passed away. At the time, I was just a house-wife who had no job. This was so because I had no certificates to even start seeking a job with. I started off with a small-size hotel, that had only two waiters and two chefs. The same business did well, enabling me to develop it even much further. It would also enable me to pay for all my children's school fees, and I'm happy with the progress so far. I'd leave my assistant in charge of the hotel, and learn all computer packages. I also did a course in driving and music instruments. I am still yet to make use of what I've learned during the previous years. The hotel's performance is average, with some ups and downs, time after time.

My Business

My hotel does exceptionally average. At times, we may be faced with loads of problems, and during other times, we're doing perfect and earning big. After paying my workers, I usually remain with approximately $80 dollars in a day. Unfortunately, we've been closed for the last one week, since I've not paid the revenue dues. I've never failed to pay, or even paid late. But at this time, I've been having lots of problems, having completed my loan payment last month and paying for all my kids' school fees the same month. This includes even meeting other expenses such as pocket money, rent and food.

Loan Proposal

I'll make use of this whole loan to immediately clear my revenue dues. This will get my hotel back alive and back to its top notch performance. I'll use part of my weekly earnings to pay for this loan, and develop the hotel even much further. This includes even purchasing new furniture and an entertainment set. I also plan to add the number of waiters and chefs to enhance smoothness and efficiency in the running of the hotel. I'll appreciate very much.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 25, 2015

Repayment status

Late

Projected term

12 months

Lenders

Zidisha

Sterling, United States

indeh

London, United Kingdom

N

nglogic

Warszawa, Poland

90803

Long Beach, United States

Svetlana3k

Harvard, United States

C

christopherttran

Toronto, Canada

meyerraf

Cedar Rapids, United States

somuchjackson

Boston, United States

stroi08

Odense C, Denmark

E

Esseni

Cincinnati, United States

M

mallika

Laguna Niguel, United States

Y

yunfangjuan

Palo Alto, United States

A

andresol

Oslo, Norway

E

edgrr000

Dallas, United States

C

Catch22

The Colony, United States

B

Budgie81

Norwalk, United States

J

jebediahFND

Oslo, Norway

R

rosebo

Bend, United States

Parkmobile

Fort Bragg, United States

G

Gdrvasc

Frederick, United States

B

Baldnerd69

Cross Plains, United States

H

happytrailsjpd

South Bend, United States

M

markus61

cologne, Germany

M

mibrahim51

Mountain View, United States

M

mueba

Frankfurt, Germany

G

GreenMoney

Lahr, Germany

A

Alizar

Toms River, United States

S

SanderBeckers

Brussel, Belgium

A

akshu71

Ottawa, Canada

T

Texikan

Fort Worth, United States

D

dj9812

United States

M

Morgan1301

United States

L

liseman

United States

S

Smadori0

United States

T

TheNJBoys

United States

E

elhh82

Petaling Jaya, Malaysia

J

jake7705

Wilsonville, United States

G

goloans

Palo Alto, United States

T

tomcat14

Brussels, Belgium

S

SenseOfAdventure

United Kingdom

O

osubucks45

United States

F

FreckleKitty

United States

M

moodystreet1

United States

T

tengbao

United States

A

adiipienaar

South Africa

jonnyhj

Stockholm, Sweden

J

jenda

Czech Republic

B

brianchicago

United States

Paul Buchheit

Mountain View, United States

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  • Bernard    Jun 10, 2016

    Rahab is currently out of reach.

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  • Bernard    Mar 22, 2016

    References and the account owner out of reach

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  • Bernard    Jan 27, 2016

    all contacts out of reach

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  • Rahab    Jan 7, 2016

    to maintain my payment record

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  • Bernard    Dec 16, 2015

    Hi lenders, I am not able to update you regarding the repayment plans of this borrower because I have never been able to reach her or her references. I have made several attempts without success.

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  • Rahab    Dec 8, 2015

    lenders and zidisha as a team i haven't been doing so well off late with finance as some of my payments were delayed forcing me to skip my zidisha repayments however last week i started receiving money, I first thought of zidisha and would now be able to pay on time. Best of luck with your doings and thanks alot for assistance.

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  • Rahab    Aug 20, 2015

    hallo lenders my progres is good and the loan helped me alot am working hard to make ends met but luck enough to pay for my loan.

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