Bakery shop

Ann Migwi

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Ann Migwi

Member since

May 2015

On-time repayments

302 installments  •  46%

About Me

My name is Ann Migwi born and raised up in Muranga county in the central region of Kenya.

However, I navigated life safely into adulthood after having covered primary and secondary school education. I then left home to join Daystar University in the Nairobi City where I pursued my degree

I graduated and later secured a job in contract bases. Since then, I have been doing baking services having been trained in this area while still doing my degree course.

My Business

I am in baking business where I make cakes for all occasions like weddings, birthdays, anniversaries etc. I also do confectioneries such as queen cakes and supply them to retail outlets. I do this on a very small scale since I do not have adequate capital to expand and market my products effectively.

I also use makeshift oven which is not only slow but its finished product is now what it would really be if I was using a modern oven. There is a huge potential for the business since I live in a densely populated area where I am assured of demand all the time.

I am currently making about $300 from the business but half of it goes into covering my overheads. I am currently running the business from home so as to cut the expenses.

In enhancing my knowledge and improving my skills,I have doing this through YouTube which flexible and easily accessible. I have been able to impact the community by training them on how to use YouTube as a mechanisms to get skills,which is more cheaper as compared to attending class which one may incur huge amount of money.

Loan Proposal

I will expand the business .I will have more people on board to do delivery.I will still also add more stocks

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$566.01

Date disbursed

Dec 28, 2016

Repayment status

On Time

Projected term

38 months

Cost to entrepreneur

Service fee: $23.34

Lenders

joerg

Berlin, Germany

Martin

Manama, Bahrain

JimVandegriff

Trinidad, California, United States

ads68

Melbourne, Australia

Eduard

Dnepr, Ukraine

Generaal

Antwerp, Belgium

N

nycjen

United States

matt carroll

London, United Kingdom, United Kingdom

Sandra

Böblingen, Germany

PR

Paul Rausch

United States

Isabella

UK, United Kingdom

wissam

Jeddah, Saudi Arabia

M

Marzl

Germany

MC

United States

B

Barry

United States

JO

Johan O

Borlänge, Sweden

Anonymous

Ocoee, United States

M

Magnus

Switzerland

Mary

Germany

M

Marama

Australia

Seppo Ruohonen

Vantaa, Finland

Ellen

Michigan, United States

JM

Joris Moen

Heibloem, Netherlands

Paul Buchheit

Mountain View, United States

Katja

Switzerland

Jan V

Port Dalhousie, Canada

CN

Craig Newmark

United States

PL

Pei Li

Singapore

Daveycee

The Hague, Netherlands

ER

Eric Rafoth

Czech Republic

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Ann a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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