To open a snack shop for primary school children
Lavender
Ogongo Village, Kenya
100% repaid
Entrepreneur
Name
Lavender
Member since
April 2014
On-time repayments
137 installments • 47%
About Me
I live in a small village called Ogongo which is in Homabay County in the Southern part of Nyanza.Its easy to find your way to my place of residence once you arrive in Homabay town which is our county headquarters. From the main bus station, there are only two buses namely Mbukinya bus or Acacia bus which ply the route to my place. After boarding from the town center,you use the main Homabay Rd as if heading to Kisii Town . The first turning at the junction indicated as Mbita road and it takes another 45 minute drive to a small shopping centre called Ogongo market and that’s where I reside. On alighting you notice a signboard of Waringa Primary School which is where I teach. I stay in the rented semi permanent houses outside the school at the shopping centre, infact they are the most beautifully painted houses at Ogongo market about five minutes walk from the stage. Door number five is precisely where I live.
My Business
My name is Lavender Kikah . I was born 28 years ago in Nyakach kajimbo. I got married three years ago in Homabay district where I am living with my husband who is also a primary school teacher like me. God has blessed us with one loving son who is now two years old. I went to school at Nyabondo Girls before joining Kisumu Girls High School. Later, I got admitted at Shanzu Teachers Training College in Mombasa where I was trained as a PI teacher. Before being selected to work under Teachers Service Commision who is my employer now, I taught in several primary schools in Mombasa and Kisumu. My present work station is Waringa Primary School in Ogongo Mbita-Homabay district. The first time I was posted to come and work here there was a fellow teacher who had a snack shop where children used to buy things like icecream, popcorns , candies etc. Since she was transferred to another school. The premises has been idle and the children are really suffering , waliking long distances to get refreshments. This is what I intend to rebrand and cut that market of the two schools adjacent to our school here. Start the shop and let it run because there are ready clients. My financial breakdown is as follows:
Rent__________USD 60.
Icecream Vending Machine ____USD 125 .
Popcorn Machine___________USD 100.
Shelves /Partitioning_________USD 50.
1 Employee_________USD 45.
Miscellenous ______USD 80.
Total USD 460
With that amount, I prospect to start the business perfectly well.
Personally I love sports so much so that work with the children a lot during the sports season. This term I was selected to be the games mistress in our school. I fancy the opportunity so much, I have a plan to work and let our school be the best in the inter-schools this season.
Loan Proposal
My present work station is Waringa Primary School in Ogongo, Mbita-Homabay district. The area is a densely populated area and has about four schools in an area of about 10km. square. The pupils population is approximately 5000. The first time I was posted to come and work here there was a fellow teacher who had a snack shop where children used to buy things like ice cream, popcorns , candies etc. as their refreshments. Since she was transferred to another school, nobody has ever taken the initiative to pick it up again. The premises had been closed and the children are really suffering , walking long distances to get snacks refreshments during break time. This is what I intend to re-brand and cut that market of the two schools adjacent to our school here. Start the shop and let it run because there are ready clients.
My financial breakdown is as follows:
Rent__________USD 60.
Ice cream Vending Machine ____USD 125 .
Popcorn Machine___________USD 100.
Shelves /Partitioning_________USD 50.
1 Employee_________USD 45.
Miscellaneous ______USD 80.
Total USD 460
With that amount, I prospect to start the business perfectly well.
With the total pupil population of about 4000, I intend to initially serve about 1000 per week. My projection is that suppose each student spends about USD 0.1 per day, it sums up to USD100 per day totaling to USD500 in one week. Thus on monthly basis, I would be looking at a total of USD2000 on the lower side. I project the figure can rise up to even USD4000. That amount together with my monthly salary can sustain the business as well as myself. Also I can be able to repay the loan comfortably if my application to Zidisha would be successful.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
May 19, 2014
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
Brussels, Belgium
Australia
United States
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