Improve catering services to buy food warmers and utensils

Entrepreneur

About Me

My name is Samuel Wambugu Gitonga, I was born in 1980 and raised in vicinity of Nyeri. After Certificate level in secondary schol i enrolled for a proffessional college Hospitality course in food and I pursued a course in Food production Diploma level. After graduating i went to various restaurants as a chef, in our country and serving community with catering services in weddings, anniversaries, birthdays etc . I have been blessed with a wife a and God have given us 2 children and attend school at primary level we all live together with them since we share live activities . My experience plus interests encouraged me and my wife after wrong discussion on business plan to start venturing food outside catering for events outside our business premises.

My Business

I started food business since I graduated from college in the year 2005 since I would engage myself in outside catering service when in employment sector , then I developed the business and opened my own restaurant to serve customers who were demanding my services of catering in events. My business is both indoor and outdoor catering services. My business is located in Kimathi Estate In Nyeri County in Kenya. I started the business in year 2011 and therefore it’s a 5 years business. I have seen it grow and my initial capital generates profit that am able to feed my family and cater for my stock in the business. I opted this business since its my Course and I understand what entails food production and services needed . The business attracts customers with occasions such as weddings, anniversaries, birthdays, and engagements. The business have attracted customers and since I have three food warmers currently present am unable to satisfy customer satisfaction. profit obtained from the business is reinvested since resources are still low compared to the need of the market. per month the business is able to generate Ksh. 8,000 profit which may be hard to save in order to buy more catering equipment.

Loan Proposal

I do make reference from the above. I will spend the funds by adding my funds from what zidisha will give me in order to buy Equipments for my Catering services. Therefore my business will rise from 55% profit to 58% and i will be ably capable to meet my Expenses and give back repayments for lenders of Zidisha . I will meet my object to cater for outdoor services for a larger gathering in each and every event. By the 3rd loan am anticipating from lenders i will have meet my vision of 70% profit margin. The price of the food warmers small factor goes from $50 and will benefit the my business growth as well as my clients as what happens in many occasions. Preferably this business which stood at a profit of 9000 per month will at least make it to 11000 and i will service my lenders and my job without hiring items .

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