Boosting my baking business

Lynnette Simba

Nairobi, Kenya

100% paid forward

Entrepreneur

Name

Lynnette Simba

Member since

August 2017

On-time repayments

106 installments  •  53%

About Me

I'm a 37 year old mother of 3. Due to my tough family background, having no raised up by a struggling single parent, I learnt to work hard and to be focused in everything that I do. I got inspired by my late mother that there is a sure way of success and progress through entrepreneurship a part from my part time teacher in a language school.

My Business

A part from my little income from the part time 4hours teaching per day, I opened a small grocery shop in 2017, which gives me approximately $90 per week and a profit of around $30. Which is a decrease of what I used to get last year.
I therefore would like to expand my business by Opening another cereal shop in a different area, due to market demand in that particular business area.
This far, I have been able to expand my cereals shop with the profit I have made this far.
A part from that, it also helps me pay for my children's school fees.
I'm very grateful for the great support from Zidisha team.
Kindly help me secure this loan since I have stayed for close to 6months without getting a loan.

Project Proposal

I wish to buy a new stock go the cake business that I intend to begin. This includes: two bale's of baking flour at ksh 5000. 20kg of margarine at ksh. 4900. 20kg 9f sugar at ksh. 10000 and a deposit of ksh. 8000 for electricity tokens.

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$195.46

Date disbursed

Dec 12, 2021

Cost to entrepreneur

Service fee: $14.65

Optional expediting fee: $27.48

Backers

T

Tallago3

Munich, Germany

Joseph Kamau Muriithi

Rongai Town, Kenya

Cloudways

Malta, Malta

ads68

Melbourne, Australia

Dave Bogard

New York, United States

Anna Hoad

Toronto, Canada

C

cota

United States

Mattie Shaw

Seattle, United States

P

patricio

Yorba Linda, Ca, United States

MC

United States

I

isaac

United Kingdom

SB

Sue Bucholz

Sacramento, United States

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

Ed

Howells, United States

HCPSPIRIT

Helsinki, Finland

Paul Buchheit

Mountain View, United States

Jane

Ontario, Canada

Joost

Noord Brabant, Netherlands

Dao Nguyen

austin, United States

T

Tim

Germany

MC

Mike Cormack

Vancouver, Canada

GR

Gabe Radovsky

United States

Black and White Zebra

Vancouver, Canada

Babbitt Family Foundation

Sioux Falls, SD, United States

D

dasantewoman

Indianapolis, United States

Okyerebea Linda

Accra, Ghana

Ask Lynnette 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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  • Lynnette Simba    Nov 21, 2022

    Thanks for finding my project. I plan to buy a gas oven that would help complement my electric oven for my baking business
    It costs approximately Ksh. 30000.
    I really appreciate.

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  • Lynnette Simba    Nov 19, 2022

    I would like to buy a new gas oven to boost my baking business

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  • Lynnette Simba    Aug 22, 2022

    I would like to request for the adjustment because my business was burgled and I'm really struggling to start afresh. Kindly be patient.
    Thanks

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  • Lynnette Simba    Jul 13, 2022

    I'm definitely going to buy a new gas oven for my bakery business. It's surely going to back up the current electric oven I'm using.

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  • Lynnette Simba    Jul 13, 2022

    I'm very grateful for the previous loan I got through the help of my backers/ lenders. It really helped me set up a small bakery though I experienced a lot of down times but I managed.

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  • Lynnette Simba    Feb 13, 2022

    I would like to adjust because I have been recently financially disstabalized due to my kid's condition, been on and off the hospital for the last 3weeks. I'm currently working hard to clear my loan arrears and eventually resume my normal repayment schedule.
    Kindly understand.

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  • Lynnette Simba    Jan 30, 2022

    I would like to adjust because I got admitted at the hospital, still recuperating. I've not been able to open my business but I'm hopeful that this week things are going to pick up..
    Kindly understand

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  • Lynnette Simba    Dec 20, 2021

    I would like to confirm that I received ksh. 16988. This enabled me to restock my pastry business by buying cupcakes baking tins, baking ingredients and a deposit of my small bakery shop. Thank you very much for the support.

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  • Lynnette Simba    Dec 12, 2021

    Thank you very much for funding my business project! I'm going to urgently stock my baking stuffs and pay at least one month's rent for the Bakery. I believe that my business is going to not only pick up well but also prosper .

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  • Lynnette Simba    Mar 15, 2020

    Hallo .
    I would like to be very grateful to my esteemed lenders for their consistent support this far.
    I had a serious challenge in the past six months since my child fell seriously ill and needed a heart surgery, which consumed my finances and time. This adversely affected my business and career because I had to stay in the hospital for almost three months without running my cereal business. Consequently, it also forced us to sell out the business to help raise funds for the hospital bills.
    Fortunately, all is back to normal now and I intend to revive the business once again. I have already reopened the shop with some small amounts of cereals but I really need a boost on the capital to help me purchase the cereals.
    Kindly assist.
    Thanks.

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  • Robinson Karaba    Jan 23, 2020

    The borrower reference Utukufu Mukandama promised to discuss with the borrower a revised installments schedule because she has been sick for a while now, not yet recovered.

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  • Catherine Kusimba    Nov 12, 2019

    Hallo Zidisha Team, Thanks. The mentee Lynette has been in the hospital again for the last 4days. Her baby developed more complications after the operation but she is getting on better so far.

    It's impossible to open the cereal shop because she has to be in hospital.

    However, she has spoken with her brother to help offset my loan and has promised to do so by the weekend.

    She kindly requests the lenders to understand her situation.

    Regards Catherine.

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  • Catherine Kusimba    Nov 8, 2019

    Hallo Zidisha Team, the mentee is having challenges making the regular repayment because her child is very sick and was undergoing heart surgery which is very expensive. She requests for some time to reorganize her finances.
    Regards Catherine

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  • Lynnette Simba    Oct 2, 2019

    Thank you very much my dear lenders. I received kdh.13,600. I was able to buy more stock.
    Thanks a lot

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  • Lynnette Simba    Sep 19, 2019

    Thanks a lot for funding my loan.
    It's surely going to boost my stock.
    I'm planning to buy cereals in bulk so as to supply to other retailers.
    Thanks

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  • Lynnette Simba    Sep 11, 2019

    I'm very grateful to my lenders. Through their help, I have been able to expand my business by increasing the stock.
    I have even started supplying cereals to the nearby small scale cereals retailers.
    By the grace of God, I have dream that my shop will soon turn into a wholesale shop.
    If it were not for your assistance, my business wouldn't have been the way it is today.
    Thanks a lot.

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  • Catherine Kusimba    Jul 22, 2019

    Greetings Zidisha Team,
    Mildred is up to date with her repayments. Please reconfirm.
    Regards.
    Catherine Kusimba.

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  • Lynnette Simba    Jul 13, 2019

    I'm very glad my business has once again picked up
    Thanks alot my great lenders

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  • Lynnette Simba    Jun 25, 2019

    Thanks a lot my lenders.
    I have finally restocked my cereal shop.
    I have equally began an Mpesa section.

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