To purchase more food warmers and cultlery for my catering

Peter

Nairobi, Kenya

26% repaid

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How it Works

Entrepreneur

Name

Peter

Member since

August 2015

On-time repayments

259 installments • 20%

About Me

ever since i was akid i have learnt to always workhard in everything i do...that memorable moment when my grandmother was always keen to reward the hard work as little as it was..even if its to be sent to the shop ..she always made sure she gave out something...from that i have always learnt in life its all about working hard and having a vision and not giving up first...all that is needed is to exploit that inside power and imaginable things will turn real...

My Business

i have been to the business for an year now...service provided outside catering..(functions e.g wedding,birthday parties)its aslow moving business that requires one to have enough equipments..in terms of food production and service....however once well marketed the performance increases with time ..challenges of income goes hand in hand with service and equipments available..with my diploma in hotel management i will be able to utilise my knowledge well for abetter future...the following is the projected cost for the needed items,food warmers at cost of100$ ... and more plates to cover for more guest 50$ ..total cost of 150$...with these i will save 30% of my profit which was used to hire...in agood day catering for 100 people menu the profit margin goes to around 10,000ksh(100$) however the business is occasional like in a month you might get 3- 4 jobs depending on the month..with these am sure the market will increase as well...

Loan Proposal

Hallo my lenders.I would wish to request for support to buy more of the above stated equipments to improve my business in terms of service and presentation (more service food warmers,spoons,and plates)...these will increase my business profit margin by 30% which amount to 50$ in a month..Total 150$..100$ will buy 3 more food serving warmers while 50$ will buy more spoons and plates to cater for alarger group of people... Thank you soo much for the support may God bless you alot..thank you in advance..