Wheat flour for my chapati business

Francis

Rongo, Kenya

Funds disbursed

$0 to go

100% funded of $6 goal

0

days left

Entrepreneur

Name

Francis

Member since

April 2016

On-time repayments

12 installments  •  33%

About Me

I started my lower primary at ayuelo nursery school then proceeded to Diep primary school for my upper primary school where i finished in the year 2009. Due to lack of school fees i did not join secondary immediately but was forced to stay at home for 1year as my parents raised admission fees.

Finally i managed to get admitted but was later forced to drop out of school after persistently sent home for school fees. That is when i opted to start cooking chapati for sale in my neighborhood. A business i have now done for a couple of years.

My hobby is cooking and it is for this reason that developed the desire to start a business out of it.

My Business

My business is generally cooking and seliing chapati in my neighbourhood. Chapati is one of the staple foods in the area and for that reason it is ever on demand.
I chose this business because it is in line with my hobby and am so passionate about cooking.

Typical cost include not limited to wheat flour, cooking oil and charcoal.I use the profits to my rent, support my siblings and re invest partly for growth.

Loan Proposal

I will supplement this loan with my personal savings to purchase a bundle of wheat flour which currently retails at 1560KES.

I envision high demand during this festive season hence the need to set stock in advance.

Profit is likely to be supernormal owing to the excess demand anticipated.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Dec 25, 2016

Repayment status

Late

Projected term

6 weeks

Other loans

Lenders

ads68

Melbourne, Australia

SP

Shrina Patel

United Kingdom

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