Food stock

Entrepreneur

About Me

I am Jack N. Ogolla, I grew up in a tiny village called Kanyipola in Awasi Location Kisumu County. I the second born from a family of 8 children, my mother is a peasant farmer subsidising with small scale business of selling groceries.
My childhood as of many children during my time was not an easy one, my parents were not earning sufficiently from their economic activities. Despite all the odds, I managed to go through high school, after which I joined Strathmore business school to study CPA.

I am a financial expert aspiring to be a small business holder. I have over ten years working as a Financial Accountant in various SME's and multinational organizations.

I have put up several business plans some of which have started to pick up , whereas other depending on the financial availability will form quite lucrative ventures which will help create employment for the young generation as well as ensuring a better life for my family in the future. One which is closer to my heart is the establishment of a chain of retail outlets for commodities under the Franchise name that I have registered in most of the urban dwelling estates which are increasingly opening up in Nairobi.
I am looking at bridging the gap between what the major supermarkets are not able to provide to the market during their early hours before official opening and late hours after the official working hours that most supermarkets operate.

My Business

I am having a Food cafe called Jaelin's food cafe specializing in selling special tea mostly for evening meetings and other foods for the business owners in my locality. I have run this business since October 2011 and currently am employing three staff members who work on a full time basis and occasionally two more casual staff when the market is busy . I am looking at expanding this business to a full time hotel due to customer loyalty and strategic locality in which we are located.

Loan Proposal

I need the Loan to increase my stock for Sugar and Milk supply for quality and prompt provision of speciality tea just the way my customers like. This will ensure that I do not run out of these essential ingredients that keep my customers coming back every day.
My profitability increase % is expected to go up by up to 35% profitability in period by which I am expecting to clear loan repaymemt

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