Electric potato fryer & ingredients for my snack shop

Zephania

Elburgon, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Zephania

Member since

July 2014

On-time repayments

327 installments • 19%

About Me

I am Zephania Osida.I live in Elburgon Nakuru county.I was born in the year 1990.I completed my form four three years ago.Due to lack of funds i did not manage to proceed with education,so i started a small business to be able to earn a living.I also play football in a local small club on weekends.Last year year we played played agaist Nakuru young stars to raise fund to go to ophan children at Imani children home.I love helping ophans because my life i grew up as an ophan.Despite all i thank God my business is small but it serves people i dint expect simply because i have been known as a good and honest man in the area.

My Business

I have been in the business for more than two years now.I mainly make "chips" from irish potatoe and sell to the local,small fish "omena",avocados,vegetables and tomatoes.I sell chips mostly at lunch time to the timsales workers where i earn alot as compared to other products which i sell only in the evening.If i am offered this loan i will use it to renovate my structure(kibanda) so that i may attract more and more customer to add revenue.This is where i get my daily bread and hope with good capital i will expand.

Loan Proposal

Dear lenders am very thank for your support from first,second and now my third loan.If it were not you i could not make to where i am today.Now i kindly request you to lend me again and this is my plan budgeting for the loan..

-$500 i am going to buy electric chip frier,it is faster to serve more customers and cost effective as compared to using firewood.This will enable me serve as many customers as possible hence i expect 70% profit increase.

-$140 i will use to install elictricity which will be used to make chips.

-$360 i will use to buy five sacks of irice potatoes which is used to make chips at a discount price and 40 litres of cooking oil.This will run the business for 30 days and i expect also 30% increase.

-$100 i will travel to kisumu to bring omena(small fish) and fish fillets for resale at my kibanda.Since am the only one selling this i have so many customers which enable make more profit.

Please kindly support me,thanks all!!