An additional purchase of an oven for my bakery

Entrepreneur

About Me

My name is Ben, I am the 4th born of our family of 8.I was born in the central part of Kenya and went to njambi-ini boys high school where I did my o-levels and managed to get a c plus grade.
I then joined the technical university of Kenya where I am doing a bachelor in business administration.
I was able to overcome my hardships by working as a messenger in offices and through business errands.
I am married and have a boy who's 4years old. I started a bakery business in the year 2016 which is doing good in Kikuyu town.
I love cooking, swimming and travelling.

My Business

I have a bakery business where I bake scorns, breads, cookies and cakes for my business.
I sell them to the locals and I gain my profits which I use to pay for my rents, pay for my bills, and also savings.
I offer my services to a lot of people more so the students who study at the local universities in my area.
I chose this business since I love it and it's my passion.

Loan Proposal

I will use the loan to buy a new oven for my bakery at a cost of $250. The oven will be of great help since I will increase my bread, cakes, scorns and cookies production. By purchasing this I will get a 90% profit increase. I will use the profits to repay my zidisha loans as usual, pay for my electric and insurance bills, expand my bakery business and also do some savings for my future life.
by this purchase, as an entrepreneur I will help young and upcoming entrepreneurs by teaching them how they can grow their business and how they can learn to be their own bosses.
thanks to my lenders and to zidisha.

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