Evance

Busia, Kenya

29% repaid

Entrepreneur

Name

Evance

Member since

January 2014

On-time repayments

310 installments  •  5%

About Me

My Name are Evance Edwine Oduor twenty years of age and sill single.I was born and raised in Busia county in a family of eight and i being the last born in our family.I still the place where i live and do my business currently.

I am a 0 level graduate because after that my family was not able to afford to take me to college though i got a good grade after sitting for my form four examination.

I started this business because with that education level i couldn't secure any good job any where so after working for somebody in his bakery for three months where he used to pay me KES 200 per day i managed to save that and later started my own business.

My achievement so far from the business is have bought a motorbike of which someone had hire to do bodaboda and pay me KES 300 per day.

My Business

I run a small bakery in Busia County at Busia town,i started my business from own seving as little as KES 5000.I used to sell by the road side in the morning to people who buy escort for their breakfast till last five months ago when i managed to build for myself a small structure that for now run comfortably my business 12 hours a day.

In my bakery i make and sell mandazi,roma cake or half cake,toast mayai and birthday,wedding cakes on order.I have a lot of customers that sometimes i don't meet their demand because my products are clean and sweet so i sell more and make good profit.The business is much profitable because i buy baking flour and cooking oil at low price then add value by making those my products then sell them at a good price.

The problem have been facing all along is lack of capital to expand my business.

My monthly cost is around KES 50000,KES 4000 sales per day,KES 3300 per day and profit of KES 700 per day.

From this my little earning from my business i will be able to repay the loan without problem because the cash is always constant.

Loan Proposal

Thank you so much Zidisha for giving me this golden opportunity to join this precious organization.I am very glad too to have a micro-finance on my mobile phone.This is the best thing i never seen in my life ever.

Now i arge you lenders to have faith on me and kindly fund my loan application without fear so that my business could get the capital it requires at the moment.This loan in all amount KES 20000 am going to buy bales of wheat flour,cooking fat,baking powder,sugar and packing bags.Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$250.00

Date disbursed

Jan 13, 2014

Repayment status

Late

Projected term

73 months

Lenders

A

anonymus

Moon, United States

Sundstroms

Falun, Sweden

H

HildeK

Rogaland, Norway

D

Dadiolafs

Vestmannaeyjar, Iceland

basicus

Cairo, Egypt

A

anagnan

BRUXELLES, Belgium

H

howard

Vence, France

C

cazz14

dunedin, New Zealand

M

mrjamesg

London, United Kingdom

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