Loan for cake baking materials

Esther Silwacho

Nakuru,kenland, Kenya

100% repaid

Entrepreneur

Name

Esther Silwacho

Member since

February 2014

On-time repayments

302 installments  •  22%

About Me

I am Esther Shilwatso, I stay in Nakuru,kenlands just opposite former post office which is now Kenland medical services, I work with Cradle of hope mission which is based at Nakuru west,near Nakuru west secondary school just on your way towards River Njoro.
I was born in Webuye, matete am the first born in our family, at the family of Peter chivavi, my passion is to do business and my business and profession is on catering and event preparation, I also do baking as my profession and what I have trained on.
my mother works at Matete health care as a community health personel as well my father works in the same hospital as well does farming, my family is well known by many people at Matete village in webuye,kenya.
I am a form four leaver and I am passionate in doing business locally and internationally.

My Business

My business is about cake baking, event preparation and also knitting, my field that I have work for some times and I have gain for professionalism is baking anniversary cakes,wedding cakes, birthday cakes and queen cakes, my business can give me a profit of$85 monthly beside expenditures.
my loan that I am requesting will be used to add more stock and buy some caking equipments that I am lucking now, also the funds will be used to reach more customers in terms of advertisement through printing some hand outs and invite people to check out my products.
at the moment I work from my house and take order from different people, schools and homes as well shops where I distribute the queen cakes and as well do baking as per customer's requests.

Loan Proposal

The loan i am requesting is for helping me purchase Baking material for my business,such as baking flour,eggs,icing sugar and as well packing material for transporting the cakes to clients, my business is well known for baking cakes for wedding,anniversary and also birthday cakes, i will be so grateful for the a ward of this loan to help me boost our business that we run together with my Husband.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.16

Date disbursed

Jan 1, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Lender interest: $100.16 at 3.28% annual rate over 1 month = $0.41

Service fee: $0.47

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