Hiring a car for delivering cake

Ann

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Ann

Member since

May 2015

On-time repayments

302 installments  •  46%

About Me

My name is Ann Migwi born and raised up in Muranga county in the central region of Kenya.

However, I navigated life safely into adulthood after having covered primary and secondary school education. I then left home to join Daystar University in the Nairobi City where I pursued my degree

I graduated and later secured a job in contract bases. Since then, I have been doing baking services having been trained in this area while still doing my degree course.

My Business

I am in baking business where I make cakes for all occasions like weddings, birthdays, anniversaries etc. I also do confectioneries such as queen cakes and supply them to retail outlets. I do this on a very small scale since I do not have adequate capital to expand and market my products effectively.

I also use makeshift oven which is not only slow but its finished product is now what it would really be if I was using a modern oven. There is a huge potential for the business since I live in a densely populated area where I am assured of demand all the time.

I am currently making about $300 from the business but half of it goes into covering my overheads. I am currently running the business from home so as to cut the expenses.

In enhancing my knowledge and improving my skills,I have doing this through YouTube which flexible and easily accessible. I have been able to impact the community by training them on how to use YouTube as a mechanisms to get skills,which is more cheaper as compared to attending class which one may incur huge amount of money.

Loan Proposal

Hire a car approximate $400,this will create employment and improve living standard.
Am grateful for your willingness to help me through impacting my Life positively.Thanks in advance we brightening my future

Feedback

1

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$364.00

Date disbursed

Aug 1, 2016

Repayment status

On Time

Projected term

4 months

Lenders

R

Raabo

Rungsted, Denmark

Zidisha

Sterling, United States

JimVandegriff

Trinidad, California, United States

Atheist4good

United States

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

moursund

Beaver Nation, United States

John Minges

United States

JO

Johan O

Borlänge, Sweden

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Seppo Ruohonen

Vantaa, Finland

Humble Bundle Community

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

Melanie White

United States

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

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  • Mårten    Nov 6, 2022

    Hi Ann,
    how's it going?

    All the best,

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  • Ann    Feb 5, 2022

    Business variation due to high cost of product and thus reduction production

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  • Ann    Dec 2, 2021

    Reduction in cashflow

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  • Ann    Dec 1, 2021

    The reduction of cashflow

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  • Lewish    Jun 21, 2021

    I have advised her to continue to repay the lower amount she is comfortable at the moment.

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  • Lewish    May 17, 2021

    I've talked to Ann and agreed to continue her repayment schedule, a lower percentage of customers in her cake business is the reason for late repayments.

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  • Hadija    Apr 19, 2021

    Hello,
    I wasn't able to reach Ann at the moment but I'll try again later on

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  • Ann    Feb 22, 2021

    Low business

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  • Ann    Feb 10, 2021

    Business low

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  • Patrick    Jan 28, 2021

    She will reschedule her loan as I have advised her and continue to repay the lower amount she is comfortable at the moment.

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  • Ann    Nov 24, 2020

    Business challenges

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  • Janice    Nov 19, 2020

    I have called her and reminded about the loan instalment that is still overdue.

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  • Ann    Sep 30, 2020

    Business is not forthcoming

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  • Janice    Sep 22, 2020

    She is still willing to continue with her loan repayment as soon her business comes back to normal.

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  • Ann    Aug 25, 2020

    Low business

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  • Janice    Aug 20, 2020

    Her business is.not making profit,which I have advised her to reschedule and continue paying the little amount she is comfortable as at now.

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  • Ann    Jul 5, 2020

    To adjust in business

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  • Ann    May 19, 2020

    Due to straining economy due to pandemic

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  • Ann    Apr 23, 2020

    Not operating the business due to global challenge

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  • Janice    Apr 17, 2020

    She was able to change his payments downwards due to the nature of her work.

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