I will use the loan in buying a much bigger baking oven to assist me sustain my market demand
Ruth
Nakuru, Kenya
100% repaid
Entrepreneur
Name
Ruth
Member since
January 2014
On-time repayments
57 installments • 7%
About Me
My name is Ruth Wangui, I am 24years old. I was born in Murang'a. I am blessed with one baby boy and one baby girl who are two years and 6months respectively.I am God fearing, loving caring and a hardworking lady. I am in church choir group in our church since singing is a great hobby in me. I also love traveling, reading, cooking, meeting new friends, listening to gospel music, and watching movies. i love trying out new ideas in life like in cooking, art and baking i like trying new delicacies and discovering new dishes.
My Business
MY NAME IS RUTH WANGUI, I RUN A CAKE SHOP IN LANGALANGA ESTATE IN NAKURU. I HAVE 2PERMANENT EMPLOYEES AND 1CASUAL WORKER THAT I NORMALLY HIRE WHEN THERE IS A LOT OF WORK.I NORMALLY BAKE ALL KINDS OF CAKES AND PASTRIES. MY CLIENTS RANGE FROM INSTITUTIONS, HOTELS, RETAIL SHOPS, SUPERMARKETS, ORGANIZATIONS, BIRTHDAY PARTIES WEDDINGS ETC. I NORMALLY BAKE FROM MY SMALL SHOP OR SOMETIMES RENT SOME BAKERY DEPENDING ON THE WORKLOAD. I MAKE ABOUT 90,000KSHS ON AN AVERAGE MONTH IN SALES. I THEN SPEND ABOUT 25,000KSHS ON PURCHASES, 15,000KSHS ON RENT, 20,000KSHS ON SALARIES AND WAGES, 5,000KSHS ON ELECTRICITY, 1,000KSHS ON WATER AND GARBAGE DISPOSAL AND 500KSHS ON LICENSES. I GET MY CLIENTS THROUGH REFERRALS, EXTENSIVE MARKETING AND ADVERTISING. GIVEN THE LOAN, I WILL USE IT IN BUYING A MUCH BIGGER BAKING OVEN WHICH WILL HELP ME IN MASS PRODUCTION, THIS WILL ASSIST ME IN SERVING MY CUSTOMERS WITH MUCH EASE AND CONVENIENCE. MY ON GOING BUSINESS WILL HELP ME REPAY MY LOAN WITHOUT ANY CONSTRAINS.
MUCH THANKS IN ADVANCE AS I LOOK FORWARD FOR YOUR KIND CONSIDERATION.
REGARDS
RUTH WANGUI.
Loan Proposal
MY NAME IS RUTH WANGUI, I RUN A CAKE SHOP IN LANGALANGA ESTATE IN NAKURU. I HAVE 2PERMANENT EMPLOYEES AND 1CASUAL WORKER THAT I NORMALLY HIRE WHEN THERE IS A LOT OF WORK.I NORMALLY BAKE ALL KINDS OF CAKES AND PASTRIES. MY CLIENTS RANGE FROM INSTITUTIONS, HOTELS, RETAIL SHOPS, SUPERMARKETS, ORGANIZATIONS, BIRTHDAY PARTIES WEDDINGS ETC. I NORMALLY BAKE FROM MY SMALL SHOP OR SOMETIMES RENT SOME BAKERY DEPENDING ON THE WORKLOAD. I MAKE ABOUT 90,000KSHS ON AN AVERAGE MONTH IN SALES. I THEN SPEND ABOUT 25,000KSHS ON PURCHASES, 15,000KSHS ON RENT, 20,000KSHS ON SALARIES AND WAGES, 5,000KSHS ON ELECTRICITY, 1,000KSHS ON WATER AND GARBAGE DISPOSAL AND 500KSHS ON LICENSES. I GET MY CLIENTS THROUGH REFERRALS, EXTENSIVE MARKETING AND ADVERTISING. GIVEN THE LOAN, I WILL USE IT IN BUYING A MUCH BIGGER BAKING OVEN WHICH WILL HELP ME IN MASS PRODUCTION, THIS WILL ASSIST ME IN SERVING MY CUSTOMERS WITH MUCH EASE AND CONVENIENCE. MY ON GOING BUSINESS WILL HELP ME REPAY MY LOAN WITHOUT ANY CONSTRAINS.
MUCH THANKS IN ADVANCE AS I LOOK FORWARD FOR YOUR KIND CONSIDERATION.
REGARDS
RUTH WANGUI.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 10, 2014
Repayment status
On Time
Projected term
13 months
Lenders
Canada
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