Buy a modern oven for my bakery

Ann Migwi

Nairobi, Kenya

100% repaid



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

If granted this loan, I will use the money to buy an oven for my baking business. A new oven will cost me $220 and this loan together with assistance from some family members will make this a reality. The acquisition of this oven will mean better quality products and the production will take a shorter time.

This will definitely lead to more sales and hence more profitability.






Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

May 14, 2015

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Service fee: $3.75

Ann opted to pay $24.91 into the Zidisha Members Loan Fund in return for a higher starting credit limit.




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