Entrepreneur
Name
Micheal
Member since
January 2015
On-time repayments
29 installments • 14%
About Me
i am Micheal Kabui,from Thika. i am 25 years old, third born in a family of six; i started my primary education in 1996 and completed in 2005. in 2006 i started my secondary education and completed in 2009. 2010 i studied my computer courses and in the same year i was offered a chance to be a computer tutor in the same collage. in year 2011 i went to excel professional collage where i studied my accounting professional (cpa-6); that was up to year 2013. i am a christian,believe in God and attend church services every Sunday. am currently working as an accountant; while still managing my business at Juja-Thika. currently pursuing my degree course at Kenyatta university -B COM finance option.
My Business
i am an accountant,i earn a monthly salary of more than 30,000.i chip in some amount to cater for my education(B COM at Kenyatta university) .apart from that,i have a median business at Juja Thika. my business deals with foods and drinks. its a median restaurant - CII RESTAURANT ( under;Chris Investments International- this is the registered name,that i intend to invest in many sectors in future) mostly dealing with food staffs; chips and different types of ready meat. currently my business is doing very well and in case i widen my financial inlet, i,ll be able to increase space to accommodate more customers, hence increased income. increased finance will also help me to pay more capital in-terms of labor and stock, this fulfillment will call for a night shift,hence more income. currently my business is able to make a good profit,but it would make breakeven if only i would get a low cost financier like in your case. one among other advantages that Zidisha will bring to my business is that i will be able to get my raw-material ;potatoes and meat direct from the producer,hence saving on cost. i choose this business because of the wide market coverage; everyone needs food,more so if situated in a high populated area( mine is near a highly populated campus). the profit i gets from the business its of great help because i uses it for expansion purpose and also for my up-keep. in case the profit margin increases,am planning not only to expand but even opening new restaurants in new places;as well as improving them into a super-classy resultants.
Loan Proposal
Hi lenders thanks a lot for accepting my request to become a zidisha
borrower, my business is that of a median restaurant dealing with chips and ready meat. The reason why I want more funds is to extend my hotel space, in terms of additional equipments and raw-material. The additional funds will enable me to get direct to the producers, and in return, lower cost of potatoes and meat. This is the estimated plan on how the funds will improve my restaurant status:
1. 2-Tables-$25- ksh 2000
2. 6-chairs-$25- ksh 2000
3. Kitchen accessories-$18.75- ksh 1500
4. Transport, labor other costs –$31.25- ksh 2500
This will total a sum of $100 – ksh 8000. This additional fund will increase my production, low cost and hence increased customers leading to increased income margin. Please consider my application. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 4, 2015
Repayment status
Late
Projected term
6 months
Lenders
North Kansas City, United States
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