Job
Embu, Kenya
$0 to go
100% funded of $50 goal
0
days left
Name
Job
Member since
June 2015
On-time repayments
8 installments • 0%
I am a businessman aged 24 years and have passed my 8-4-4 curriculum where I specialized in Business Management. I then got employed for two years and gathered some capital to start off my own business. I hereby feel free to operate under my own schedule and improve periodically proportional to skills I gain day in day out. Business has really made me achieve several goals in life.I have managed to get several assets, a standard life and most important above all is the stability of the business.
My business is purely on food provision whereby I have one big oven which i use to bake queen cakes and some other variety of cakes. I have a sales man who supplies the product to the local shops and supermarket in the shopping center. I have also employed a qualified chef who has qualified baking skills. I have also introduced another variety of cake called buns and the market turn out is really encouraging. I also plan to add another oven which will be specifically for mandazi due to the arising demand. I believe in progress however small it may be. I thank you for your support.
The market demand for the queen cakes has grown higher and this calls for an increase in production. i will hereby add more stock and put a night shift production. The funds will conveniently facilitate the adjustment since I will not have to wait for the suppliers to bring the cash sales which normally delays for about 12 hours since I will have adequate stock. by so doing, I will be in a position to get more income and manage to repay the loan conveniently. Thank you all for this chance.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 7, 2015
Repayment status
Late
Projected term
8 weeks
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