Bakery shop

Entrepreneur

About Me

I am Wycliffe and i was born in a poor family whereby getting education was a very big problem. my parents struggled and i was admitted to a public primary school where i managed to finish class 8. Going to secondary school was a nightmare since it was really challenging for us. getting school fee was a challenge since my parents were not able to raise the funds. We could ask for harambees and help from well wishers to support my secondary school education.
I have a family and i am struggling to educate my children since i am not well off. my children would like to be better persons when they grow up.

My Business

My business is about bakery where i bake cakes, doughnuts, tea scones and other bakery products,where i started by borrowing an oven from a friend for the business. i am supposed to return the oven to the owner after one year. I am intending to grow my business and also be able to acquire my own oven to enable smooth running of my business.
I chose this kind of business because where i stay there is a lot of customers and i am very positive that the business will grow large after getting my own machine.
the profit is very minimal and its really not enough to cater for my family and my children's education.

Loan Proposal

When i get loan i will buy the baking trays for baking since this is a big challenge in my shop.If i am able to buy the baking tins i will produce good and quality products,hence more customers.This will be of benefit to me and also to the customers because i will get more sales and i will be able to extend my business.The customers will get quality products.I expect my profit to increase by 10%.

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Loan Info

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