Bread distribution venture

Entrepreneur

About Me

My name is Johnson.As a young boy growing up in Muhoroni(a small dusty town in Kisumu county-Kenya),I admired my parent source of income.They started off with a little shop with a handful of consumer goods.But with time it grew to be a wholesale shop catering for customers from far and wide.I have always wanted to do the same but capital has been a limitng factor for my small startup of making pastries for distribution to shops.

My Business

Through the help of Zidisha lenders and some financial help from friends and relatives, I have recently opened my small kiosk. In this kiosk I generally stock household goods such as sugar, soap, soda, petroleum jelly, pampers, margarine, snacks, tea leaves, salt, shoe polish to name but a few. One of the first selling commodities in my kiosk is bread. In one day one can sell upto 100 loaves of bread. Each loaf of bread retails at $0.5.I have been offered a bread distributor opportunity by one of the suppliers. For this reason I need to raise some capital so as to grab the opportunity quickly. I am kindly to zidisha lenders to fund me so that I can get this golden opportunity.I am requesting for funding of $12. From each loaf of bread I will be able to make a profit of $0.05.Part of this profit will go into repayment of my loan while part will go into growing the business and meeting my family expenses. The beauty of this opportunity is that the more aggressive I am in my sale the more the profit. The opportunity also takes away the hustle of preparing pastries like I used to do.

Loan Proposal

With this new loan I expect to venture into bread distribution. Typically a supplier will sell bread to me at $0.4.I then distribute the bread to other shopkeepers at $0.45.That leaves a profit of $0.05 per loaf of bread. With this loan I will be able to buy 287 loaves of bread @$0.4.I currently buy 100loaves. This is will increase my profit from the current $5 to approximately $15 per day. This profit will be used in repayment of my loan and business expansion. I will also be able to save part of it for emergencies. It will also help meet my family expenses such as education, clothing, food and shelter.

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Loan Info

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