Improve my chips selling business

Entrepreneur

About Me

I fredrick ndwele and i am now 23 years of age born in Homabay county.The son of historical peasant late Mr.Onyango.If i can remember i raised in a family where the poor could called as poorest but i thank God my life is changing though i did not have the chance to have higher education because my father could not even talk about taking a child to school leave alone if able to afford.It's good the best i got is the bursary fund which help me to get high school education and it was the end of education for me despite the good grade i attained.

After high school a good neighbor who is an electrical took me to work with him in the field with his installation work.From the little amount i started my own business which is now my whole life.

My Business

Now i am a successful food sell in molo town.I make chips from irice potatoe,small fish also known as 'omena',fish balls and fresh juice.Chips is the most demanded commodity among my products especially lunch hour and omena and fish ball are really demanded in the evening for dinner.

I choose this business because food is demanded everyday in life,it is not seasonal like other business.As i does my business everyday i get more passion as more and new customers always comes in.

I can say my cost per month is approximately $250 and an estimated profit of $180.My profit i do usually support my mother,myself and the little remaining reinvest in my business.

My main challenge has been lack of enough capital to expand my business as what i earn right now is little though i do always try to plough back the profit.I am now happy this problem will come to an end by getting zidisha as we will work together till the end.

Loan Proposal

Dear lenders and Zidisha team,am very thankful to be part of this lending community and i request you to fund me so that i can improve my business service.Kindly see my budget below:

-$60 am going to buy three sacks of 'waru' irice potatoes.This money will enable me to buy at wholesale hence discount og 20% which in overal will give me an overal increase of 50%.

-$30 i am going to buy to buy 20 litres of cooking oil for chips making at wholesale price.This will increase my profit too because i will use it for more than a week without buying another oil.

-10 am going to buy five tins of small fish 'omena' which i will be selling in the evening.

In overal if i get this loan i expect to increase my profit by 70%.Thank you in advance.

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Loan Info

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