Cake oven

Daughty Were

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Daughty Were

Member since

April 2015

On-time repayments

245 installments  •  98%

About Me

My name is Daughty and i run a Bakery business,i have been a Zidisha member for a while now ,my first loan was 9,000 and my last Loan was over 100,000 thousand,that's how much i have grown in Zidisha, am still looking forward to grow even more.

My Business

My lender's
Hope this finds you well.
Am good ,my Bakery is doing fairly well,my staff who are doing well too , it's been a while since i communicated, i got a tender to supply two school's and am happy with the results.
Am glad we got this business after a long struggle to get back to our feet again .
we look forward to inceased orders as time goes by .

Loan Proposal

I would like funding from my Lender's to be able to buy a second hand but good Deck Oven .
I would like to start baking birthday cake, wedding cake anniversary cake, graduation cake and decorating them .
I recently attended a refresher course on cake baking and decoration, I needed to do this so that I can be abreast with new technologies in the market,its been a while since I baked and decorated a birthday cake it's been 10 years and above.
Currently I own a bigger Oven but of late it's been breaking down much too often ,I there for saw it fit to source for another smaller Oven that I will use for my line of cake but will also serve as a buck up for the bigger Oven .
I look forward to owning this Oven so that I can realise my dream as I truly have passion for cakes .

Feedback

14

None

None

  • Treesforpeople    Apr 18, 2021

    Daughty paid off the loan in good time. I'd definitely be happy to lend to her again.

    Log in to reply • Share
  • Joshi    Dec 30, 2020

    Prompt payments and good communication. Will certainly lend again.

    Log in to reply • Share
  • Vicki Stewart    Oct 6, 2017

    Congratulations on paying your loan off. I'd be happy to lean to you again so you can increase your business.

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$1,328.98

Date disbursed

Jul 22, 2021

Repayment status

On Time

Projected term

6 months

Cost to entrepreneur

Service fee: $62.28

Lenders

MarktheMormon

Sandy, Utah, United States

M

Mårten

Inden, Switzerland

Jan de Wit

Utrecht, Netherlands

VS

Vicki Stewart

Charlotte, United States

Ed

Howells, United States

M

Marama

Australia

Vratik Krocik

Prague, Czech Republic

JH

Joseph Hwang

Houston, United States

Joshi

United States

Daisuke

Tokyo, Japan

A

Anonymous

United States

J

Jari

Finland

EG

Erik G

Switzerland

M

Mirko

Yugoslavia

B

Barbra

United States

A

Andy

United Kingdom

M

meriels

London, United Kingdom

Darryl Parker

New Hampshire, United States

Ask Daughty a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Daughty Were    Nov 18, 2022

    Am still not exactly stable like before, so I have to base my repayment to my current cash flow ,its not exactly bad but we are not yet out of the woods ,however we are slowly getting back.

    Log in to reply • Share
  • Daughty Were    Nov 15, 2022

    Like I said yesterday when making my deposit, the business is facing some challenges but we shall overcome in due course

    Log in to reply • Share
  • Daughty Were    Nov 14, 2022

    The profit margin has reduced drastically due to high cost of All raw materials.
    It's very sad ,the painful part is that we can't keep reviewing our selling price because the customers will dissappear.

    Log in to reply • Share
  • Daughty Were    Nov 9, 2022

    My business is still struggling, cost of raw materials keeps escalating, the sad part is we can't keep changing the selling price, so you find that it's your profit margin that keeps reducing. We still remain hopeful that the costs will come down sooner than later .

    Log in to reply • Share
  • Daughty Were    Oct 31, 2022

    My business is still not operating to its optimum, dry goods for baking are still costly ,reducing our profit significantly however we still remain optimistic about it.

    Log in to reply • Share
  • Daughty Were    Oct 28, 2022

    Am still not financially viable so I have to reduce my payments, when things look up I will adjust upwards ,Am looking at 2023

    Log in to reply • Share
  • Daughty Were    Oct 6, 2022

    It is difficult to run a business in the current hardships that we are facing ,sincerely cost of raw materials is extremely high wheat flour went up again without Notice cost of sugar equally went up ,however we remain optimistic.

    Log in to reply • Share
  • Daughty Were    Sep 29, 2022

    Am still struggling but hopeful, thing's may change and we can start making a little profit, it's been a while since we made the profit that we budgeted for ,but all in all we are forging ahead No retreat.
    Nothing stays permanent.

    Log in to reply • Share
  • Daughty Were    Sep 26, 2022

    It's unfortunate that my business is not doing well as expected, the overheads remain high and the profit margins are lower due to high cost of raw materials.
    Am optimistic things will turn around for the better.

    Log in to reply • Share
  • Daughty Were    Sep 18, 2022

    Currently my business is not doing so well as before, we are struggling, tye cist of raw materials used in the bakery is equally too high and its not coming down any soon because the cost of fuel went up yesterday, Am sure the price of flour oil and sugar will equally go up again.
    However we remain optimistic that the new government will intervene.

    Log in to reply • Share
  • Daughty Were    Sep 7, 2022

    To my Lender's, hope you are all well.

    We are back to business after a long stretch in campaigns and court battles, we have a new president elect ,we look forward to price reduction on commodities to enable our businesses to survive leave alone to strive, we as a business community have suffered alot and are still suffering as prices of raw materials have not gone down ,its affecting us alot.

    We sincerely hope for a new beginning in the shortest time possible.

    Otherwise we are still hanging in there ,with our school orders which have not changed we thank God.

    Hopefully things will look up soon.

    Log in to reply • Share
    • BRB    Sep 7, 2022

      You are not alone.
      You are a wise and courageous woman.
      I pray psalm 91 over you and everything you own. Lord God of the impossible open up pathways for your wonderful daughter that she may supply her nation through the move of your hand. Lead her to grow in wisdom and stature in favour with you and man as she continues to walk beside you.

      Log in to reply • Share
  • Daughty Were    Aug 27, 2022

    My business is still struggling ,cost of raw materials has not come down yet the overheads have remained high ,this in return affects the bottom line.

    Log in to reply • Share
  • Daughty Were    Aug 18, 2022

    I had to close my business for fear of hooligans breaking in during the election period, things are abit stable now we can afford to open and do deliveries.

    Log in to reply • Share
  • Daughty Were    Aug 1, 2022

    Business is extremely slow and also we are facing tough times as bakers ,cost of raw materials is not coming down any soon ,customer's are equally not buying much so the overheads are remaining high ,however am still optimistic that things will look up after our next week election.

    Log in to reply • Share
  • Daughty Were    Jul 14, 2022

    Current sales status is not showing signs of improvement we are barely able to pay fir our bills on time ,Am optimistic that come August after election things will look up

    Log in to reply • Share
  • Daughty Were    Jul 7, 2022

    My business is real slow ,we are not selling as much and this is Affected further by the fact that schools are on holiday and that reduces my sales by half ,it is indeed unfortunate.

    Log in to reply • Share
  • Daughty Were    Jun 18, 2022

    My sales have not improved, and cost of raw materials is still going up each new day ,its sad that we gave to face this reality and there is no government intervention ,meaning we have to bear this escalating costs for the longest, so sad .

    Log in to reply • Share
  • Daughty Were    Jun 3, 2022

    Low sales due to several factors,cost of main raw materials has tripled ,I had to review my selling price from 1st of April , and of course I lost some customers, prices went up yet again and this time I had to slightly reduce the cake size ,so all this affect our sales,I can't tell if the prices will come down soon because we are heading to General Election in August.
    Only Time will tell .

    Log in to reply • Share
  • Daughty Were    May 22, 2022

    Due to low sales I've been unable to raise the earlier amount,I would wish to settle on 4100 and see how things go in the next two weeks.
    But am hopeful.

    Log in to reply • Share
  • Daughty Were    May 5, 2022

    Am still not financially stable,School's just opened and 70% of my orders are for various School's so I believe my finances will grow .

    Log in to reply • Share


Loading...

Loading...

Loading...