Expansion of my snacky shop

Lavender

Ogongo Village, Kenya

100% repaid

Entrepreneur

Name

Lavender

Member since

April 2014

On-time repayments

137 installments  •  47%

About Me

I live in a small village called Ogongo which is in Homabay County in the Southern part of Nyanza.Its easy to find your way to my place of residence once you arrive in Homabay town which is our county headquarters. From the main bus station, there are only two buses namely Mbukinya bus or Acacia bus which ply the route to my place. After boarding from the town center,you use the main Homabay Rd as if heading to Kisii Town . The first turning at the junction indicated as Mbita road and it takes another 45 minute drive to a small shopping centre called Ogongo market and that’s where I reside. On alighting you notice a signboard of Waringa Primary School which is where I teach. I stay in the rented semi permanent houses outside the school at the shopping centre, infact they are the most beautifully painted houses at Ogongo market about five minutes walk from the stage. Door number five is precisely where I live.

My Business

My name is Lavender Kikah . I was born 28 years ago in Nyakach kajimbo. I got married three years ago in Homabay district where I am living with my husband who is also a primary school teacher like me. God has blessed us with one loving son who is now two years old. I went to school at Nyabondo Girls before joining Kisumu Girls High School. Later, I got admitted at Shanzu Teachers Training College in Mombasa where I was trained as a PI teacher. Before being selected to work under Teachers Service Commision who is my employer now, I taught in several primary schools in Mombasa and Kisumu. My present work station is Waringa Primary School in Ogongo Mbita-Homabay district. The first time I was posted to come and work here there was a fellow teacher who had a snack shop where children used to buy things like icecream, popcorns , candies etc. Since she was transferred to another school. The premises has been idle and the children are really suffering , waliking long distances to get refreshments. This is what I intend to rebrand and cut that market of the two schools adjacent to our school here. Start the shop and let it run because there are ready clients. My financial breakdown is as follows:
Rent__________USD 60.
Icecream Vending Machine ____USD 125 .
Popcorn Machine___________USD 100.
Shelves /Partitioning_________USD 50.
1 Employee_________USD 45.
Miscellenous ______USD 80.
Total USD 460
With that amount, I prospect to start the business perfectly well.
Personally I love sports so much so that work with the children a lot during the sports season. This term I was selected to be the games mistress in our school. I fancy the opportunity so much, I have a plan to work and let our school be the best in the inter-schools this season.

Loan Proposal

As i had started the business of selling the snacks for the school going children at a local village where i work, the ccessories seem to be ageing. I now need to buy new imprved cooking and other food utensils to help me get quality food and highly palatable snacks for my clients. due to the fact that i intend to get a larger eating space for them, i shall use the loan for this expansion.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$129.00

Date disbursed

Jul 9, 2016

Repayment status

On Time

Projected term

26 months

Other loans

Lenders

PG

Paul Graham

United States

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