Starting outside catering services for this festive season

Peter Njoroge

Kiptangwanyi, Kenya

29% repaid

Entrepreneur

Name

Peter Njoroge

Member since

October 2011

On-time repayments

120 installments  •  33%

About Me

I am 41 years old, married with seven children who are all schooling. two are in high school while the remaining five are in primary school. I live in kiptangwanyi which is about 41 km from Nakuru town. I live in my plot which is plot number 14 in the kiptangwanyi shopping center. I am not formally employed and have been meeting my family needs through various manual work that i have been doing here and there. This prompted me to start the business of a hotel that i have been operating since 2006.

My Business

My business entails operating a hotel in kiptangwanyi shopping center. I sell fast foods and drinks in my hotel. I started this business after I realized the potential of this business in this area. My target was high school and primary school children who were and still are very good customers of my business. customers prefer buying from my business as I provide quality and clean food. I also ensure that my food is always fresh and this promotes my business so much. the risks that my business face are shortage of supplies and drought which affects our sources of the foodstuffs that i make.Currently I am using my earnings to expand my business to other neighbouring kiptangwanyi shopping centre.

Loan Proposal

Dear lenders,
I am grateful that I have been offered this opportunity to post a loan on Zidisha website. I am going to use this loan to do the following in my business. Firstly, I wish to start an outside catering services during this season when this business is booming and these services are highly required. I will require the following, A license to operate an outside food kiosk which will cost 10000ksh(about 114Us dollars) kitchenware that will cost 15000ksh(about 170Us Dollars) and the remaining will be used to buy foodstuff and pay casual workers.
I am targeting to make 100000ksh(about 1136$) during this season. Thanks in advance

Feedback

15

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$511.16

Date disbursed

Nov 24, 2014

Repayment status

Late

Projected term

20 months

Cost to entrepreneur

Lender interest: $511.16 at 5.99% annual rate over 20 months = $52.91

Service fee: $32.28

Lenders

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

valentin

Stockholm, Sweden

investor

Candiac, Canada

Kitty

Hailsham, United Kingdom

F

Fiodal

Helsinki, Finland

rodcul

Altea, Spain

J

jdhowa2

Louisville, KY, United States

EmilAsker

Lomma, Sweden

HE

help each other

Glasgow, United Kingdom

ads68

Melbourne, Australia

P

Prysdahl

Marshall, United States

M

mkellerman

Shanghai, China

Bobrm2k3

Charleston, United States

Cricketca

San Jose, United States

Hedwich

Gorssel, Netherlands

iamdaimo

London, United Kingdom

U

urtica

Moscow, United States

Kristrun Tinna

Reykjavik, Iceland

markpearson

Portsmouth, United Kingdom

sderickson

Berkeley, CA, United States

W

wiwillia

Milbrae, United States

Matching Fund

Sterling, United States

D

Dan

United States

J

JacobvdW

Netherlands

G

geoff

United States

M

meric

Australia

J

jay12

Germany

larry

Sweden

Agerfar

Aarhus, Denmark

Vesa

Helsinki, Finland

ThomasJosef

Berlin, Germany

Loungin

United States

SV

sven vdk

Twickenham, United Kingdom

LouisB

ZIDISHA, Mozambique

J

JessicaAna

Maputo, United States

ToddTho

World Wide, United States

LutianaPablo

Rome, Italy

John Altimate

Staffordshire, United Kingdom

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Peter a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...