Increase my cake production

Entrepreneur

About Me

I am a committed Christian n I attend S.D.A Central church in Kisii.
I was born in Enkoipperiai village Narok county in 1985, I later on joined my education wherby I attended Nyataro II primary school which is in Ogembo situated 2km away from Egetuki mkt. I undertook high sch education at Riokindo boys high. After my secondary I joined Hightech College of Accountancy where I did my K.A.T.C (technical level) and my CPA (professional level) at KCA- Eldoret until 2009 when I joined Moi univ for a degree course. I am currently Working with Old Mutual Assurance K Ltd, where I work as a Financial Advisor.
This is beside the biz pursuance I mentioned above.
The biz helps me subsidize my financial obligations.

My Business

I operate a confectionary business in Kisii town found in first floor of Umoja bldg. I chose doing this business because of the high population in this area which gives me a very big number of customers hence high sales in a week enabling me to make high returns. Despite of having biz interests in an internet cyber in the same premise, many customers tend to love snacks we produce. We emphasize on offering high quality services and customer friendliness. This has enabled the biz to attract and retain more customers throughout the seasons. In a month the biz is able to raise averagely USD 917 in normal times but upto USD 1,376 in peak seasons I.e when schools close in April August and December when the population of people with families increase tremendously. My expenditures for the month include; Rent, electricity, labour and purchases which translates to averagely USD 688 in a month.

Loan Proposal

This being Easter holidays, I will use the amount advanced to me plus my savings to expand my production, by increasing my cake production by 5 kgs daily. This will require:
5 kgs of flour @100 = USD 6
5 kgs of margarine @ 200 = USD 11
5kgs of icing sugar @150 = USD 9
I will use the remainder plus my savings to cater for inherent costs i.e food color, cake flowers, packaging etc this will cost approximately USD25

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