Name
Riziki
Member since
October 2012
On-time repayments
11 installments • 45%
my name is Riziki,i reside in mtwapa town in kenya next to the chiefs office here.am married with three children who are still in school and about to wind up their schooling.i have a local restaurant within here cooking a variety of food s like chapati,pilau,tea and other items that can satisfy a customer when eaten.i went to shimo la tewa primary school in the 1980,i started this business to be able to upkeep myself and my family,i will use the proceeds to add more stock for my business.
i operate an open air restaurant within the mtwapa plaza,and adjacent to the chiefs office,there is demand for these services because of the population at the chiefs camp hence more customers.there is one restaurant nearby but customers prefer here because i cook good food for my customers.I make about kshs 24,000,less expenses of about kshs 8000,and the balance is used to pay the loan and expand the business
With the loan i will use it in the following things,purchase of cooking oil of kshs 10,000.purchase of wheat flour of kshs 9,000,purchase of salt will cost about kshs 3000,purchase of maize flour will go for kshs 12,000,purchase of water will cost kshs 6,000,i will also use kshs 7000 to buy cooking utensils for my business.This will help expand my business and hence get more profits.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Nov 14, 2012
Repayment status
Late
Projected term
12 months
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