Purchasing chairs for sausage and samosa kiosk

Entrepreneur

About Me

My Name is Pawine Nyangena,I spent my early childhood Mandera In nothern Kenya where my father was working as a casual labourer.
This is where I attended my primary education.
I sat for my K.C.P.E examination and passed well and later joined Moi Minaret secondary school.After my fourth year,I enrolled for a course in a middle level college.
Due to financial problems at home,I had to work and pay school fees for myself.
Later it became quite hard to work and study because of the nature of work I was doing.
I had to defer so that I look for money before I resume my studies.
I decided to start a sausage and samosa business.
My goal is to grow my business and get enough money to resume my studies and help my siblings as well.

My Business

My business is selling samosa and sausage.
Usually I use a movable oven and umbrella so I can be able to move around my Estate.
By the end of a well working day,I can be able to raise around $8-$10 a day as net Income.
I chose this business because it needs little income to start and I had already an oven that I was given by a brother who was doing the same business before.More so, I had a mentor because my elder brother used to do the same business and is doing well now.
If I get this loan I plan to add to my savings to buy a bigger oven.
cost on raw sausage=$3 a pack of 12 sausages.
cost of selling a cooked sausage is $0.75 so 12 of them will give $9 and a net of $5.
I intend to grow this business in the future so that I have a big sit in hotel that can accommodate more customers and hence more revenue.
Thank you.

Loan Proposal

I want to buy more inventory with this money and of course grow my loan limit so that I can be able to buy more inventory in the future.
cost of one chair = $4.5
sell one chair at $6.5, a net of $1.5
I f I get the loan of about $50, I can buy 10 chairs and make a net of around $1.5 per chair amounting to $15 in total.
In future,I want to merit for a hire loan limit with zidisha so that I can do even more.
Thank you.

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