Simple cooler (ice box) to keep food and beverages preserved
Samuel
Nyeri, Kenya
100% repaid
Entrepreneur
Name
Samuel
Member since
September 2016
On-time repayments
170 installments • 50%
About Me
My name is Samuel Wambugu Gitonga, I was born in 1980 and raised in vicinity of Nyeri. After Certificate level in secondary schol i enrolled for a proffessional college Hospitality course in food and I pursued a course in Food production Diploma level. After graduating i went to various restaurants as a chef, in our country and serving community with catering services in weddings, anniversaries, birthdays etc . I have been blessed with a wife a and God have given us 2 children and attend school at primary level we all live together with them since we share live activities . My experience plus interests encouraged me and my wife after wrong discussion on business plan to start venturing food outside catering for events outside our business premises.
My Business
I started food business since I graduated from college in the year 2005 since I would engage myself in outside catering service when in employment sector , then I developed the business and opened my own restaurant to serve customers who were demanding my services of catering in events. My business is both indoor and outdoor catering services. My business is located in Kimathi Estate In Nyeri County in Kenya. I started the business in year 2011 and therefore it’s a 5 years business. I have seen it grow and my initial capital generates profit that am able to feed my family and cater for my stock in the business. I opted this business since its my Course and I understand what entails food production and services needed . The business attracts customers with occasions such as weddings, anniversaries, birthdays, and engagements. The business have attracted customers and since I have three food warmers currently present am unable to satisfy customer satisfaction. profit obtained from the business is reinvested since resources are still low compared to the need of the market. per month the business is able to generate Ksh. 8,000 profit which may be hard to save in order to buy more catering equipment.
Loan Proposal
Thanks .For the loan proposal i will buy a cooler ice box to help me during at times when am carrying food like milk preserved on my work for outside catering .The cost is about $50 . I will keep the left about 12$ for pocket watch.I will have the added advantage of carrying my food stuffs that may need preserved or perishable and this can improve my business by 7% from the previous base of 72% improvement of to my target of 79%. previous loan i was anticipating with purchase of Chips flyer i expected 78 % but recommendable i made to 72% that was not on good side since the business will have addition cool box for sustainability of maximum profit.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$65.00
Date disbursed
Jul 18, 2017
Repayment status
On Time
Projected term
3 months
Lenders
Italy
United States
Luxembourg
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Germany
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