Baking flour for my mandazi (fried dough) business

Evans

Kayole, Kenya

Funds disbursed

$0 to go

100% funded of $1,281 goal

0

days left

Entrepreneur

Name

Evans

Member since

April 2017

On-time repayments

52 installments  •  31%

About Me

I was born and grew up in Kwale county. I am currently living inKayole with my family. My dream in future is to expand my business so as to have great impact in my life.
During my free time I love watching movies and playing football

My Business

My main work is to cook Mandazi and as well supply the to my customers far and near although i also sell for the near ones.i decided to start the business due to its sustainability and gives me time to be with my young family. in 2009 when i started the business i had no education background and no skills to search for employment and suing my little saving from saving i could start this business. my biggest challenges are 1. Transport of the products to my customers especially during rainy season
2. Constant supply of floor and oil in the area
3. Less manpower
My goal is to own a pick up to help in transport of my products and daily suppliers from the large suppliers so as to cut my costs am so proud of my business that i can comfortably meet my basic and that of my family without a lot of strain.

Loan Proposal

i am going to spend this loan in buying the following Baking flour 10 bundles at $500 , Baking powder $50 , Cooking oil $100 . $ 300 will be used for hiring transportation of mandazis to my respective customers and the rest of the money will be used in renovation of where i use to prepare my mandais to maintain cleanliness of high standards.
With this purchase i expect to reduce the transport cost to the market every evening and also to try other markets cause i only buy enough to meet my customers needs. With this market expansion iam looking at reaching more people and thus be in position to increase my market share in the few months more especially during this rainy season many people tend to drink a lot of tea.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,281.00

Date disbursed

Oct 20, 2017

Repayment status

Late

Projected term

6 months

Lenders

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

KJ

Karin Joy

Philadelphia, PA, USA, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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