Inventory of kitchen utensils, bowls, and basins for bakery
Joyce Fondo Nyamawi
Zowerani, Kenya
100% repaid
Entrepreneur
Name
Joyce Fondo Nyamawi
Member since
August 2012
On-time repayments
86 installments • 64%
About Me
I am Joyce Fondo. With my husband and children we have a baking business in Tezo, Kilifi County, on the Kenyan Coast. With the help of the family, we bake breads and cakes; however, it is difficult for the business without a larger and more efficient oven. With the help of a business class run by a local NGO, I realized the Zidisha loan would allow me to purchase a commercial size oven, made by a local craftsman, which will allow up to 100 loaves of bread at a time, reducing costs and increasing profitability.
My graduation photo from the Business Skills class is included on this webpage. In class we learned about business finance, marketing and how to write a business plan.
My husband and I are retired schoolteachers. We also volunteer as Community Health Workers, a program in Kenya that brings health education and outreach to the local villages. Presently, our family income is supplemented by selling produce.
My Business
The nearest town, Kilifi, is 12 kilometres away, so there are opportunities to sell fresh bread locally in Tezo and north. Our customers do not have to travel to Kilifi to buy bread. We also have weddings and other celebrations that need our cakes. Having a larger oven will help us to meet the demand for bread, cakes and expand to other items. This will make our baking profitable
Loan Proposal
The JoyFo Bakery is still successful but I want to add a business selling kitchen utensils, bowls and basins. This can add to our income without adding extra labour costs. We can sell these items along with the scones and roses at the local market.
My third born, Sam will be getting married soon and this extra helps to provide for the big wedding! God bless you my lenders
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$417.97
Date disbursed
Jul 1, 2015
Repayment status
On Time
Projected term
14 months
Cost to entrepreneur
Service fee: $15.86
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