Cake mixer and plastic basket for my cake busines

Andrew

Madogo, Kenya

100% repaid

Entrepreneur

Name

Andrew

Member since

July 2014

On-time repayments

41 installments  •  66%

About Me

I am a B.Ed (Arts) English and Literature graduate from The University of Nairobi, and a volunteer (missionary) teacher in Garissa, a town in Southern Eastern parts of the former North Eastern Province. I teach English and Literaturer, as a volunteer teacher earning a small stipend as upkeep. To support my work, my young family on and myself, I have tried my hand in do small businesses such as baking, fruit parlour, and motor cycle taxis (bodaboda. However, due to the fragile nature of security in the region, businesses went down. I was forced to close shop after shop.

I love writing. I have actully written as a freelancer for some time now. I have written for different online writing companies such as researchwritingcenter.com, UpWork, and iwriter.com. I now want to take onlinepreneurship a notch higher. I have two blogs, newsarsenal.com and writinghelppro.com. They have have been pulled offline since i have not paid up the hosting fees for some time. Am looking forward to revive them and monetize them.

I am self hosting my blog with hostgator. Initial cost for shared hosting is $3.95 per month. I should be able to buy an entire years package for US $ 48. This is the purpose of the loan.

Regards

Andrew Ngige

My Business

Online writing provide infinite opportunities. People are looking for creative, factual and reliable information. They leverage on the power of social media for their information needs. Delivering useful information on the news feed of the target audience gives online content developers added advantage. Currently, one of my blogs has more than 80 posts, and records about 100 organic page-views per day. When reach to readers through facebook ad twitter, I get an average of 5000 page-views within 24 hours.

Blogging depends on traffic. I look forward to optimize my blogs for traffic and search engines. I however don't have the technical expertise for this task. I have already identified a web designer for that task. In addition, social media tools sch as promotions and post boost are very effective way to reaching your target audience. Paid ads have ripple effect on your blog traffic. My daily organic page-views have increased by 300% after I boosted a facebook post for 1 week.

Loan Proposal

When i get the loan i ill use i as follows
1. I will use Kshs 3,800 to purchase an electric cake mixer. This will help me to make very high quality Castella Cake which are in demand, and has high returns.
2. I will use Ksh 500 to purchase plastic baskets for which i will use to transport my cakes with. I currently use paper cartons, which are sometimes messy, and unhygienic since they cannot be cleaned.
Purchasing this equipment is the first step in expanding my business. This loan will help me increase the volume of cakes and improve the quality of cakes i bake.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Sep 11, 2014

Repayment status

On Time

Projected term

9 months

Other loans

Lenders

B

bonndan

Bonn, Germany

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