Retail outlet construction shopping center

Jorn

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Jorn

Member since

June 2016

On-time repayments

226 installments  •  44%

About Me

i was born in the year 1987 April 02. All my childhood years I lived in the western city of Kisumu where i went to school. I have been active in small business for nearly 5 years now. In a country where the unemployment rate is high, one cannot sit around and yet it is not difficult to engage in something. After completing college doing business management, I started in business making doughnuts and now baking cakes also. I am starting a cafeteria.
I have seen the city grow in all spheres and would like to be part in building the society and nation.
I also deal in Office Equipment leasing. It's forward ever...

My Business

Doughnut making, Cake baking, and a small cafeteria. Office services and Office Equipment Leasing. the Doughnut and cake business is in Demand since they are taken with all kinds of bevaerages and drinks. there is a lack of office equipments in institutions. so I tend to bridge this gap by providing the equipments at affordable rates.
for 1 doughnut my normal rate is 4 Kenya Shillings while the cost is 2 Kenya SHillings. the cost of equipment leasing is the price of buying and some places printer ink and printing paper.
I have since started a cyber cafe business in October 2018 that is also picking up very well. I do printing and typing and other office services.
I use the profits for business and home improvements

Loan Proposal

If I a granted this loan I will construct a retail outlet that will be situated in my neighbourhood shopping center and install equipments to aid in sales. It will be a simple structure that is not expensive to put up. I will need mainly iron sheets that will cost approximately 100 $ wooden poles of around 40$ and construction labour cost of about 40$ which I can be able to raise. if the struture is put up I would be able to offer products to customers and prospects through out the day and display of cakes will give me a marketing edge for those who want to have pre-ordered cakes. JORN OKELLO:
I will be able to sell diretly to consumers instead of supplying to shops and use of other middlemmen who will also be able to get the produts at anytimme if they get to run out the doughnuts and cakes

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$157.00

Date disbursed

Dec 7, 2017

Repayment status

On Time

Projected term

30 months

Lenders

Paul Buchheit

Mountain View, United States

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