Restaurant

Hannah

Nairobi-kaloleni, Kenya

3% repaid

Entrepreneur

Name

Hannah

Member since

February 2015

On-time repayments

101 installments  •  3%

About Me

I am Hannah Kimani born in 1986. Iam married with two kids.
I live in Kenya, Nairobi City, in kaloleni area .
I schooled in Thika at makongeni primary and Secondary schools in respectively.
I did a diploma in entrepreneurship at the Nairobi Technical Training Institute. Perseverance, endurance and hard work has been the only key to success in my life. After completion of my diploma education, i borrowed five thousand Kenya shillings from one of my tutors with an intention of investing in a restaurant which i successfully did.
I constructed a mall building with the help of my husband who is a driver .
The only uniqueness in this area is that there is limited land.one needs to think out side the box in order to succeed in life. There are plenty of opportunities to those who have interest in some restaurant business whereby the turn-up is very positive.
My two children admire to become a doctor and a pilot.
The main hobby that i maintain in my life is being creative and socializing.

My Business

My business is of a restaurant.
I sell cooked and prepared food for human consumption along the area that i live that is around kaloleni .
These products are of high demand due to mushrooming population in the city.
Also,many residents around the area believe that believe in spicing their meals in my restaurants.
The main reason why i chose this venture is because of these ready market and access to customers.
The main costs incurred are in relation to the purchase of foods preservatives in the market for the preparation of the following day .
Most of my revenue and income/ profits come from the sale of the prepared food . The main use of my profit is in improving my business and educating my kids and also meeting my domestic needs.

Loan Proposal

Incase i get this amount of money i will be happy and able to will utilize the amount as follows:-
$ 20.5 will be of inventory of stock in my area of work.
$ 12.8 will be used to buy some new plates and cups in addition to what i have due to the population i have in the hotel.
$ 23.5 will be used to by a new plastic tank for the supply of water in the restaurant.
$ 19.5 will be used to renovate some worn-out parts of the hotel that need renovation .
i will be of benefit to stretch my desire to improve business
i will also give back to the society and communicate the good of your existence hence a societal benefit.i expect my profit margin to be between $ 74.8 to $ 14.5 on weekly basis.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 2, 2015

Repayment status

Late

Projected term

24 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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