To purchase a deep freezer

Veronicah

Bumala, Kenya

47% repaid

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How it Works

Entrepreneur

Name

Veronicah

Member since

October 2013

On-time repayments

171 installments • 83%

About Me

I'm Veronicah Mwaura.Born and raised in Nakuru County Division,Kiamaina Sub-locatuon Heshima village.Actually i come from a humble background am first born to Mr.Ngungi.I run a small hotel within Bumala town.I live in Bumala where i started this business nearly 2 years ago after finishing my high school level and failed to get fund to proceed further.At the moment have done certificate in food and beverage of which i paid the fees from my savings from the business.
I feel have done so much with this because have managed to purchase my own house hold and almost 70% of my fees.

My Business

My business has an average sales of KES 2000 per day because i also make some mandazi which are supplied to the shops around here.So if i get the money i will stock baking flour and coking oil so that when i sell i just save and repay the loan.
As the name hotel suggest i make nice food to the local and they love my food because of my hygene and i serve them well.The only problem i face is lack of capital to expand this my business for example where i am i lack enough space that find that during lunch time some customers finds no place to sit.

My monthly cost is as follows rent ksh 2500,two people that help me with the operation ksh 3500 each and others expense add upto ksh 10000 while can save atleast ksh 5000 per month..

Loan Proposal

I am going to purchase a new deep freezer worth KES 65,000.This will help me store perishable commodity in my hotel.Also it will help me to expand my business to fresh drinks.I will be able to blend fresh fruit and make varriety of juices.By selling juice i will be able to earn more and more profit.Also want to add more commodities like baking flour,sugar,cooking oil,baking powder and maize flour.