Am planning to use my loan to introduce variety of snacks to be able to cater for the growing demand from the campus stu...

Jeniffer

Nairobi, Kenya

Funds disbursed

$86 to go

39% funded of $141 goal

0

days left

Entrepreneur

Name

Jeniffer

Member since

January 2014

On-time repayments

12 installments  •  0%

About Me

I am a graduate of Kenya School of Survey and Mapping, having completed a degree in Survey.I am a hardworking, business oriented lady with great potential and ambitions.
Am the third born in a family of five being, brought up in a family with business minded members.I help my family part time where I work as a cashier in our wholesale shop.This has helped me greatly since I have gained more entrepreneurial skills since the business does very well.
While at campus I realized a great potential in the bakery business,in the campus there are tuck shops which operate daily from six in the morning to midnight,having a passion in cooking I have been supplying doughnuts and cookies.The business has been doing well thus am thinking of expanding my business to supply more variety of cakes and snacks

My Business

I accumulated little amount of money from my savings every semester until I managed to purchase a small oven for baking cookies and cakes.I have therefore been supplying the entire tuck shops with this products and now intend to expand the business by introducing variety of snacks to cater for the raising demand.I have a well established network with the school administration since when I was a student there and hence an advantageous guarantee to sell my products in the campus.This brings me a great advantage since I don't get competitors in the same.

Loan Proposal

I intend to purchase a bigger electric oven to be able produce more snacks on daily basis to cater for the rising demand.I plan to introduce a wider variety of snacks for instance cookies,cakes,burgers,biscuits,pizzas these gives me an advantage on the aspect that i will capture a wider market.
finally I intend to focus on outside catering as there are rising number events within the region e.g graduation parties,weddings and anniversaries,this will increase my income.

I look-forward to any assistance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$55.00

Date disbursed

Feb 4, 2014

Repayment status

Late

Projected term

2 months

Lenders

Richard Griebe

La Jolla, United States

stanbogdanov

Sofia, Bulgaria

Matching Fund

Sterling, United States

G

gbelote

United States

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