Entrepreneur
Name
Simon
Member since
November 2011
On-time repayments
29 installments • 21%
About Me
i am married with one child. i live in bahati centre in plot known as mwireri building just 200m from Nakuru north D.C office. have been in business since 2002 trading in mandazi and cake bakery, my bakery is known as maries bakery. i supply both public and private primary and secondary schools within the locality. i make net profit of 1000 daily.
mr opondo phone 0726417157 is a teacher where i sell cakes and can give information about me and mrs Tabitha Nyambura is a business woman in bahati and can give information about my credit worth, her phone no is 0704312984
My Business
there is high demand of cakes in this area because the population is large and there are only three bakeries around. the big challenge my business is facing is that i only have two small ovens, and lack adequate means of transport. if zidisha loans me 100000, i will buy additional big oven and look for more bicycles to use for transport. i will also hire more staff to help me meet demands of my clients.
Loan Proposal
If zidisha lends me kshs. 64000 i will use it to expand on my businesss as follows. i will have to stock my bakery by buying 20 bales of wheat flour and each bale is kshs. 1270 and 160 litres of cooking fat and 20litres goes at 2700. i will also do thorough market research on where i can make large sales of my bakery products.my motor cycle that i bought with the first loan will also be serviced and modified to carry more crates so that i can go far and wide to meet the demands of my customers.
The remaining amount i will use to buy some packets of breads that i can accompany my cakes with when i am going to make the sales of the cakes.
otherwise thanks in advance to those lenders who will be please and willing to fund my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$752.00
Date disbursed
Apr 2, 2013
Repayment status
Late
Projected term
16 months
Other loans
Lenders
Göteborg, Sweden
Luxembourg, Luxembourg
Osaka, Japan
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