Florence

Nakuru, Kenya

21% repaid

Entrepreneur

Name

Florence

Member since

August 2013

On-time repayments

10 installments  •  0%

About Me

Am Florence Kuria . I come from Nakuru , live in an estate called White House , near KITI clollege. It is,in Nakuru.I come from a family of eight , and am the first born. I am a trained teacher though , currently teaching part time. Am a graduate of Kenyatta University.

I love being my own boss, hence the need to start a business. Am enjoying what am doing.
From the proceeds of the business , i was able to buy a plot and household goods. Am also paying my brothers school fees in high school.
Business in Nakuru town is good ,since the population has really picked up. So , with this loan i will be able to expand my business.

My Business

The business is doing okay, hence i will use the profits to repay the loan. Am running a small hotel in town. The demand is huge as i serve fast foods. The business of food has been and will always be good.I also serve traditional foods , people love this type of food , so the demand is huge.
I have many customers , so i need to expand and add more variety of menu so that i can attract more customers.
The profits are huge and i have used some of the profits to restock .
The only risk i have seen is that , when customers come and there is no service they tend to go to the other competitors and to me this is not good for business. My monthly revenue after i have paid my bills is Ksh. 35,000. I intend to use the profits to repay my loan.

Loan Proposal

The business is doing okay, hence i will use the profits to repay the loan. Am running a small hotel in town. The demand is huge as i serve fast foods. The business of food has been and will always be good.I also serve traditional foods , people love this type of food , so the demand is huge.
I have many customers , so i need to expand and add more variety of menu so that i can attract more customers.
The profits are huge and i have used some of the profits to restock .
The only risk i have seen is that , when customers come and there is no service they tend to go to the other competitors and to me this is not good for business. My monthly revenue after i have paid my bills is Ksh. 35,000. I intend to use the profits to repay my loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Sep 12, 2013

Repayment status

Late

Projected term

10 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

P

ploeger

Perkasie, United States

Silver

Steiermark, Austria

B

bramberger

Vienna, Austria

JimVandegriff

Trinidad, California, United States

SeeMeeFi

Ontario, Canada

S

swimgirl

Stamford, United States

M

mmcclu111

San Francisco, United States

scgtb

Sarasota, United States

fk

United States

M

mlepisto

Florida, United States

A

AndrewC

London, United Kingdom

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