The restaurant renovation

David

Nairobi, Kenya

100% repaid

Entrepreneur

Name

David

Member since

July 2015

On-time repayments

17 installments  •  59%

About Me

I was born in Homabay County and grew up with an ambition to become a great entrepreneur in Kenya. I joined primary school in 1994. I moved to Nairobi in 2002 where I joined secondary school, and then one year later moved to Machakos County where I finished my secondary school education in the year 2006. I joined University 3 years latter due to lack of funds. In the University I enrolled for Catering course which I did not complete unfortunately due to the same funds problem.
I got a small job in a local restaurant where I was paid Kes 8,000. I served there for 2 year then I quit job to start my own venture.
I started my own small food kiosk where I cook African dishes. This food business has really helped me and my family, in a daily basis my wife and I collects kes 5,000 and I believe that one day the business will grow to a big restaurant and also offer outside catering services.
My food kiosk is situated along Kangundo road next to Mama Lucy Kibaki hospital in Nairobi.

My Business

What boosts our business most is the level of quality service we give to our customers. The types of foods we prepare and sell to our customers are purely African, and this is what most “JUA KALI” the casual labourers like. After a small study in the area we decided we are going to setup an African Dishes food out let and therefore named it Neo African Dishes. Our foods range between $0.5 and $1. In Kenya shillings this is between kes 50 and 100.
In a day we serve an approximate of 70 customers who orders from different menus. The business is not all that big but it is a promising one, as you can see from the photo it’s not all that presentable, we get allot of challenge during rains when we can’t serve a good number due to leakages and the poor sitting situation. My wife and I would like to complete the construction and also buy the plastic sits for our customers to feel a bit comfortable all this would need to raise a lot of money to do this but since per day we make an average sale of $50 or kes 5,000, and the operating cost is $18 or kes 1800, this translates to a profit of $32 or kes 3,200.
Given an opportunity to expand the sitting capacity the business can be able to serve up to 140 customers a day and this translated to sales can be up to $100 or kes 10,000 per day. It’s our hope and prayers that with ZIDISHA it will help us grow to a level where we will also be able to support others in growing their business. Our Vision in five years from now is to become one of the best food companies in Kenya to provide both hotel and outside catering with mobile food vans to operate as mobile cafeteria in Kenya. This is a new idea that has not been used anywhere in Kenya to provide mobile cafeteria and if we achieve this dream sooner we may be the first to have done the mobile food cafeteria in Kenya

Loan Proposal

I would like to borrow some money from friends at Zidisha to help me renovate our small food kiosk to enable us get more customers and increase in our daily sales. The location of the business is at Kangundo road and very lucrative the only challenge my wife and I get is the sitting capacity and leakage during rain season this makes us loose customers to other comfortable food places and in business to compete well with them we need to improve on the challenges rather than give up

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Aug 31, 2016

Repayment status

On Time

Projected term

7 weeks

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Hans Moor

Vorden, Netherlands

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