Local foods joint

Entrepreneur

About Me

I am married and a father to four children-3 boys and one girl. All the three boys attend school.
I attended school and proceeded to college where I majored in arts. Securing a job has been so challenging and therefore I had to look for ways of providing for my family. I raised a food joint in the local fish landing beaches where I serve fast moving foods to fishermen mostly. These foods include serving tea, rice, snacks, soft drinks, fish, etc.
The profits have been so encouraging till now I am almost enjoying monopoly of selling food. The canteen is strategically sited-just at the shore. This gives my customers easy reach to the business for service as immediately they alight from the boats they jump and the only food joint they meet is mine.
From the proceeds I restock the canteen, pay my helpers, replace the worn out equipments and support my family.
During my free time, I watch soccer, read inspirational literature and also go on feeding expeditions. I love to socialise and hosting visitors who have unique ideas for progress.

My Business

My major source of income from which I will pay the loan is from the food canteen. My monthly profit ranges from 5-8 dollars. I however wish to expand the business to boost my profits. I have experienced a surge in profits as many people have come from other places to do fishing activities. The food quality and the overall appealing treatment to the customers have endeared them to my premises. This has prompted my add more helpers and think of expanding the premises in order to accomodate more customers. Some other dishes are also needed that I cannot prepare because the ingredients cannot be found locally. It therefore means that I will have to source them from other places and as well add more utensils.
With all these mechanisms implemented the profits will increase and I will be able to repay the loan more effectively with the period stipulated.
I want to scale more heights as I will diversify my services and a Zidisha loan will work this miracle.

Loan Proposal

The loan will help me add more of the utensils and purchase the necessary foodstuffs. With the expected customer base I fear that I may run out of supplies and also the mugs for drinking tea and other beverages.
My supplier insists on weekly repayment but the prices with which he sells me the products is a bit high. I therefore want to buy in bulk once and for all and continue like this for the rest of the days. This will help me save some cash and maybe consider doing other things say like expanding the structure to accommodate the expected clients.

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