More pastries for my customers

Entrepreneur

About Me

My name is Johnson.As a young boy growing up in Muhoroni(a small dusty town in Kisumu county-Kenya),I admired my parent source of income.They started off with a little shop with a handful of consumer goods.But with time it grew to be a wholesale shop catering for customers from far and wide.I have always wanted to do the same but capital has been a limitng factor for my small startup of making pastries for distribution to shops.

My Business

Through the help of Zidisha lenders and some financial help from friends and relatives, I have recently opened my small kiosk. In this kiosk I generally stock household goods such as sugar, soap, soda, petroleum jelly, pampers, margarine, snacks, tea leaves, salt, shoe polish to name but a few. One of the first selling commodities in my kiosk is bread. In one day one can sell upto 100 loaves of bread. Each loaf of bread retails at $0.5.I have been offered a bread distributor opportunity by one of the suppliers. For this reason I need to raise some capital so as to grab the opportunity quickly. I am kindly to zidisha lenders to fund me so that I can get this golden opportunity.I am requesting for funding of $12. From each loaf of bread I will be able to make a profit of $0.05.Part of this profit will go into repayment of my loan while part will go into growing the business and meeting my family expenses. The beauty of this opportunity is that the more aggressive I am in my sale the more the profit. The opportunity also takes away the hustle of preparing pastries like I used to do.

Loan Proposal

With my new loan I will be able to purchase 70kg of wheat flour at $49,17.5kg sugar at $17.5 cinnamon, cardamom, packing papers and fuel at $ 23.1.This will increase my production from the previous 1440 pastries to about 2800 pastries.This will result in a turnover of $112 at a price of $0.04 per pastry. The production cost per pastry is currently $0.032.The total production cost will be $89.6 leaving a profit margin of $22.4. This profit will partly be used to repay my loan and the rest for my family expenses. I will be grateful to every lender that funds my loan

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