Buy microwave

Ann

Nyeri, Kenya

68% repaid

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How it Works

Entrepreneur

Name

Ann

Member since

October 2017

On-time repayments

43 installments • 47%

About Me

i am a 26years old businesslady and a mother to a baby boy, a 2nd born in a family of 3. Am from a family that has been through alot of hardship but my parents did their best to see us through to college level. I hold a diploma in Catering and hotel management which am graduating in November. I have opened a small coffee shop which I have been running for 5months that is after college which I cleared in April. Starting capital was part of some savings from pocket money and support from my parents.

My Business

I have been my own employer since may 2017 in my coffee shop which I opened with support from my parents and some savings I had. I sell snacks and beverages and also do baking for birthdays. This kind of business is doing well because the location where I have my business is near a garage and people operating there choose to eat fast foods which is affordable and quick to consume. most of the expenditure goes to electricity bill and rent. most of the profit I use to reinvest so as to grow the business and also cater for my sons fees

Loan Proposal

With this loan I plan to buy a microwave for my food shop. this will help a lot and will not have to serve my customers with cold foods. since my business is still growing, I expect to see my profits grow as well to a margin of up to 25%