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.
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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
Vienna, Austria
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