Flour, oil and frying pan for doughnut sales

Margaret

Nairobi., Kenya

100% repaid

Entrepreneur

Name

Margaret

Member since

May 2014

On-time repayments

241 installments  •  66%

About Me

I am a young,energetic lady aged 27 years old married and with one child.I am the second born.My childhood was difficult as my parents separated so my mum had to raise the four of us.She did her very best to take us to school.Discipline for me was key since I was a little girl.My kindergarten teacher at one time came and said she wanted to reward one pupil who had impressed her by the simple etiquette the pupil had.I was shocked when she called me to the front and gave me a gift.She said she was impressed by how I used to greet her everyday in the morning something I learnt that I was the only one who used to do it.I was a disciplined student all through my primary school and hence a good performer academically.I was admitted to one of the best Secondary girls school in Nairobi for my Secondary education.I worked hard all through the four years and I passed my final exam well enough to join the university.My mum couldn't raise all the fee needed for my university education so I stayed back home but I used to tuition some students when they were on holidays.I didn't earn much but I did my best to save.I saved for one year and the proceeds were good enough to start a small business.I started just a simple of making doughnuts.I used to wake up very early to cook the doughnuts.The sales were good as customers fell in love with the tasty doughnuts.I later started to make chapatis..they were so good!at some point I thought people were no longer cooking in their houses as the demand became overwhelming.At this point I decided to employ one young man as a handy man.Business grew and i decided to vventure into real food business and as expected,it didn't dissapoint.My community is full of hard working people so im not really surprised that I became one.My son is now three years old and will be joining kindergarten soon.I want to work so hard to give him the best education that will not only transform his mind but also make him grow into a responsible man.During my free time I go to church as I believe that spiritual nourishment is just as important and I also acknowledge that I have come this far due to God's faithfulness.

My Business

My business is purely food business.Every human need food and that is why it is a basic need.The reason I chose the business was to make life easier for those who are working during the day and are not able to go back home to take lunch or those who leave their homes quite early to avoid traffic hence foregoing their breakfast.My business has meals for breakfast,lunch and also soft drinks like soda.Like any other business,food business has it's good and bad days.The major challenge is competition.Food related items have become so expensive due to inconsistent weather patterns.I spend 40_45$ per day to buy these items and I make a profit of 20_25$ per day though there are some days I make less than that depending on a number of factors e.g. harsh weather.The profits I make are generally to pay rent,school fees for my younger siblings and now my son will be starting school soon.I am also planning to employ one more employee who will be a supervisor as my time at the business will be lumited since I am planning on opening a branch at a nearby estate.

Loan Proposal

I believe if funded I will be able to buy two bales of wheat flour and more cooking oil for deep frying the mandazis.like I said, mandazis are taken with tea by kenyans as an accompaniment. I will also need to purchase a bowl like metal pan where the deep frying takes place.to ensure that both mandazis snd chapatis are available, I will need another high table that will be used as a work surface for preparing and cutting the mandazi dough into small pieces.therefore with s loan of usd150 or ksh.12, 000 I will buy two bales of wheat flour at40usd,40usd for 5litres of cooking oil, 40 usd for purchasing a bowllike metal frying pan.with the remaining 30 usd I will buy rolling pins and more packaging bags or papers.if I do thisbi believe the sky will be the limit for my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$140.00

Date disbursed

May 27, 2014

Repayment status

On Time

Projected term

18 months

Other loans

Lenders

Susansfund

Colorado Springs, United States

fairspirit

Utrecht, Netherlands

Sarasota

Sarasota, Fl, United States

C

cojoakerr

United Kingdom

B

Beetdiggingcougar

Calgary, Canada

G

Gavin

New Zealand

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Summary

Amount repaid

$155.08

Amount remaining

$0.00

Date repaid

May 2, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 4, 2014 $1.99 Jun 4, 2014 $1.99
Jun 11, 2014 $1.99 Jun 11, 2014 $1.99
Jun 18, 2014 $1.99 Jun 18, 2014 $1.99
Jun 25, 2014 $1.99 Jun 25, 2014 $1.99
Jul 2, 2014 $1.99 Jul 2, 2014 $1.99
Jul 9, 2014 $1.99 Jul 2, 2014 $0.01
Jul 9, 2014 $1.98
Jul 16, 2014 $1.99 Jul 9, 2014 $0.02
Jul 16, 2014 $1.96
Jul 23, 2014 $1.99 Jul 16, 2014 $0.04
Jul 23, 2014 $1.95
Jul 30, 2014 $1.99 Jul 23, 2014 $0.05
Jul 30, 2014 $1.94
Aug 6, 2014 $1.99 Jul 30, 2014 $0.04
Aug 6, 2014 $1.95
Aug 13, 2014 $1.99 Aug 6, 2014 $0.04
Aug 13, 2014 $1.95
Aug 20, 2014 $1.99 Aug 13, 2014 $1.99
Aug 27, 2014 $1.99 Aug 13, 2014 $1.35
Aug 20, 2014 $0.64
Sep 3, 2014 $1.99 Aug 20, 2014 $1.72
Aug 27, 2014 $0.27
Sep 10, 2014 $1.99 Aug 27, 2014 $1.99
Sep 17, 2014 $1.99 Aug 27, 2014 $0.68
Sep 3, 2014 $1.31
Sep 24, 2014 $1.99 Sep 3, 2014 $1.99
Oct 1, 2014 $1.99 Sep 3, 2014 $0.24
Oct 1, 2014 $1.75
Oct 8, 2014 $1.99 Oct 1, 2014 $0.24
Oct 31, 2014 $1.75
Oct 15, 2014 $1.99 Oct 31, 2014 $1.99
Oct 22, 2014 $1.99 Oct 31, 2014 $1.99
Oct 29, 2014 $1.99 Oct 31, 2014 $1.99
Nov 5, 2014 $1.99 Oct 31, 2014 $1.99
Nov 12, 2014 $1.99 Oct 31, 2014 $1.99
Nov 19, 2014 $1.99 Oct 31, 2014 $0.07
Dec 10, 2014 $1.92
Nov 26, 2014 $1.99 Dec 10, 2014 $1.99
Dec 3, 2014 $1.99 Dec 10, 2014 $1.99
Dec 10, 2014 $1.99 Dec 10, 2014 $1.99
Dec 17, 2014 $1.99 Dec 10, 2014 $1.99
Dec 24, 2014 $1.99 Dec 10, 2014 $1.89
Jan 2, 2015 $0.09
Dec 31, 2014 $1.99 Jan 2, 2015 $1.99
Jan 7, 2015 $1.99 Jan 2, 2015 $1.99
Jan 14, 2015 $1.99 Jan 2, 2015 $1.99
Jan 21, 2015 $1.99 Jan 2, 2015 $1.99
Jan 28, 2015 $1.99 Jan 2, 2015 $1.99
Feb 4, 2015 $1.99 Jan 2, 2015 $1.99
Feb 11, 2015 $1.99 Jan 2, 2015 $1.99
Feb 18, 2015 $1.99 Jan 2, 2015 $1.99
Feb 25, 2015 $1.99 Jan 2, 2015 $1.65
Jan 27, 2015 $0.34
Mar 4, 2015 $1.99 Jan 27, 2015 $1.99
Mar 11, 2015 $1.99 Jan 27, 2015 $1.99
Mar 18, 2015 $1.99 Jan 27, 2015 $1.99
Mar 25, 2015 $1.99 Jan 27, 2015 $1.99
Apr 1, 2015 $1.99 Jan 27, 2015 $1.99
Apr 8, 2015 $1.99 Jan 27, 2015 $1.99
Apr 15, 2015 $1.99 Jan 27, 2015 $1.99
Apr 22, 2015 $1.99 Jan 27, 2015 $1.99
Apr 29, 2015 $1.99 Jan 27, 2015 $1.99
May 6, 2015 $1.99 Jan 27, 2015 $1.99
May 13, 2015 $1.99 Jan 27, 2015 $1.99
May 20, 2015 $1.99 Jan 27, 2015 $1.32
Feb 26, 2015 $0.67
May 27, 2015 $1.99 Feb 26, 2015 $1.99
Jun 3, 2015 $1.99 Feb 26, 2015 $1.99
Jun 10, 2015 $1.99 Feb 26, 2015 $1.99
Jun 17, 2015 $1.99 Feb 26, 2015 $1.99
Jun 24, 2015 $1.99 Feb 26, 2015 $1.99
Jul 1, 2015 $1.99 Feb 26, 2015 $1.15
Mar 30, 2015 $0.84
Jul 8, 2015 $1.99 Mar 30, 2015 $1.99
Jul 15, 2015 $1.99 Mar 30, 2015 $1.99
Jul 22, 2015 $1.99 Mar 30, 2015 $1.99
Jul 29, 2015 $1.99 Mar 30, 2015 $1.99
Aug 5, 2015 $1.99 Mar 30, 2015 $1.99
Aug 12, 2015 $1.99 Mar 30, 2015 $0.99
May 2, 2015 $1.00
Aug 19, 2015 $1.99 May 2, 2015 $1.99
Aug 26, 2015 $1.99 May 2, 2015 $1.99
Sep 2, 2015 $1.99 May 2, 2015 $1.99
Sep 9, 2015 $1.99 May 2, 2015 $1.99
Sep 16, 2015 $1.99 May 2, 2015 $1.99
Sep 23, 2015 $1.99 May 2, 2015 $1.99
Sep 30, 2015 $1.99 May 2, 2015 $1.99
Oct 7, 2015 $1.99 May 2, 2015 $1.99
Oct 14, 2015 $1.99 May 2, 2015 $1.99
Oct 21, 2015 $1.99 May 2, 2015 $1.99
Oct 28, 2015 $1.99 May 2, 2015 $1.99
Nov 4, 2015 $1.99 May 2, 2015 $1.99
Nov 11, 2015 $1.99 May 2, 2015 $1.99
Nov 18, 2015 $1.99 May 2, 2015 $1.99
Nov 25, 2015 $1.99 May 2, 2015 $1.99

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