Loan to purchse more furniture for my food cafe

Entrepreneur

About Me

My names are Miss Pearl Kerubo Onderi,am 25 years old and a single mum of a lovely 3year old daughter named Chloe Sabina Onderi.I was born and raised in Nyabururu village in Kisii county to a family of 4 children and am a second born.I attended St Marys girls primary school Nyabururu for my primary education then joined St Francis girls high school Kiptere for my O level.I joined Moi University Eldoret in 2008 to pursue a law degree but i had to deffer my studies for insufficient funds to pay my tution fee.
I started my fast food business in May 2013 because basically i have a passion for food and there was no one else providing food to the many students and single working class adults.I also i wanted to carter for my daughter,my mum who is ailing back at home and to make enough money to complete my studies so i can be a lawyer.

My Business

Am seeking for a loan to invest in my already established fast food business.I own a a fast food cafe and offer fast food,fruits and juice to a big range of customers around or near the village i live in.
I noticed there was demand for food especially ''ready to go'' food in the village i live at.There are many campus students and young working class adults yet there was no one providing fast food or catering services.My customers prefer my food service since the food is of the best quality and fair pricing.I also observe professionalism at offering my service and also offer door to door food services.
My typical business costs are 23000 kenya shillings which includes electricity and water bill.My sales revenue each month is 48000 and my profit ranges between 25000 to 30000 each month.The business is profitable since the raw materials need like vegetable, fruits and cereals are very available and an affordable price.
If i receive the loan i plan to use it to buy more chairs and tables for my cafe,an oven,a deep frier and a commercial fruit dispenser because as it is now am working without this essential kitchen electronics and i know i will serve many customers and in return increase my profit margin.I plan to pay in monthly installments on a 10% profit on reducing balance.
I hope am considered.

Loan Proposal

I plan to use the loan of 50 dollars to buy more furniture for my food cafe.I will use 30 dollars to buy 6 plastic chairs and the remaining 20 dollrs to buy 2 plastic tables.
At the moment my biggest challenge is that my customers do not have adequate space to sit and enjoy the food,most of the prefer take away or eating at other stalls where they can sit as they eat.
So extra chairs and tables will benefit my business as I'll attract more customers and hence improve my profit.I am not in a position of raising this amount because am a single mum running a business and supporting my family single handedly.I really will appreciate the support.

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