Purchase commercial juice maker for restaurant

Entrepreneur

About Me

Am Bilha Mutola . I come from Nakuru , live in an estate called Race course. It is near Carol Academy school , Nakuru.I come from a family of eight , and am the first born.I am a trained teacher though , currently teaching part time.Am a graduate of Kenyatta University.
I love being my own boss, hence the need to start a business.Am enjoying what am doing.
From the proceeds of the business , i was able to buy a plot and household goods. Am also paying my brothers school fees in high school.
Business in Nakuru town is good ,since the population has really picked up. So , with this loan i will be able to expand my business.

My Business

The business is doing okay, hence i will use the profits to repay the loan. Am running a small hotel in town. The demand is huge as i serve fast foods. The business of food has been and will always be good.I also serve traditional foods , people love this type of food , so the demand is huge.
I have many customers , so i need to expand and add more variety of menu so that i can attract more customers.
The profits are huge and i have used some of the profits to restock .
The only risk i have seen is that , when customers come and there is no service they tend to go to the other competitors and to me this is not good for business.My monthly revenue after i have paid my bills is Ksh. 35,000. I intend to use the profits to repay my loan.

Loan Proposal

My hotel business has been doing well. I specialize in traditional dishes, but , some time clients come in and ask for modern dishes , especially drinks. I good juicer goes for about 100 dollars .
This item i intend to purchase will help me add a drink variety to my business . I also intend to add other soft drinks to make my business more competitive. This will increase my profits to a margin of about 10% from what i currently get.

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Loan Info

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