Name
Aeron
Member since
February 2018
On-time repayments
34 installments • 71%
A first born of four, I have always had to fend for myself. Schooling never really taught me much than to survive. Average primary, secondary and college gave me no much options than only those for survival. Ive had many passions but chose to pursue a bakery because of its ease of starting and nice returns.
This bakery employs 5 people. Im the manager and driver while the other 4 guys work in the kitchen. Our biggest seller is the mandazi. Our biggest market is the nearby town, we also sell to kiosks in the area. Our biggest challenge is expansion capital as most is spent daily on ingredients and wages.
Inventory management is key. I want to stock up as much to get better margins on profit. The fixed costs keep siphoning money out of the business on a monthly and weekly basis, so the key to growing is to have great margins.
Positive
None
Neutral
None
Negative
None
Project Type
Pay It Forward
Disbursed amount
$15.00
Date disbursed
Sep 8, 2022
Other projects
Ask Aeron a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.