Renovate my business space & purchase more stock of potatoes

Makana

Gilgil, Kenya

Funds disbursed

$0 to go

100% funded of $201 goal

0

days left

Entrepreneur

Name

Makana

Member since

September 2017

On-time repayments

7 installments  •  14%

About Me

I was born in a family of 7 to peasant parents,I being the firstborn in the family.Life back then was very tough as my parents had to really struggle in order to sustain our primary needs.After i cleared my high school education there was no money to sustain further education to the university level.I then decided to go to the city to look for a job but with no success.This forced me to venture into business in order to get something small to sustain myself in the city as well as assist my parents financially.I therefore opened up a cafeteria to sell deep fried foods.

My Business

The business mainly deals with sale of deep fried foods.I started the business after looking for a job without success. My biggest challenge is and has always been lack of adequate capital to efficiently serve my customers.I serve the nearby neighborhood and my dream for the future is yo open up a chain of similar service. My pride lies majorly on the satisfaction of my customers.

Loan Proposal

I intend to use the loan to expand and renovate my business space and purchase more stock of potatoes to prepare chips. These costs will go upto $200.
Increased space will accommodate more customers and increased stock will lead to more sales. My income will increase and I will be able to improve my life.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

Oct 4, 2017

Repayment status

Late

Projected term

6 weeks

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Summary

Amount repaid

$0.00

Amount remaining

$200.12

Expected completion

Nov 16, 2017

Status

Repaying late

Installment amount

$39.63

Repayment History

Expected Payments Actual Payments
Oct 12, 2017 $39.63
Oct 19, 2017 $39.63
Oct 26, 2017 $39.63
Nov 2, 2017 $39.63
Nov 9, 2017 $39.63
Nov 16, 2017 $1.98

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