Toaster, yeast, flour, and cutter for my bakery business
Ben
Kikuyu, Kenya
100% repaid
Entrepreneur
Name
Ben
Member since
September 2017
On-time repayments
115 installments • 12%
About Me
My name is Ben, I am the 4th born of our family of 8.I was born in the central part of Kenya and went to njambi-ini boys high school where I did my o-levels and managed to get a c plus grade.
I then joined the technical university of Kenya where I am doing a bachelor in business administration.
I was able to overcome my hardships by working as a messenger in offices and through business errands.
I am married and have a boy who's 4years old. I started a bakery business in the year 2016 which is doing good in Kikuyu town.
I love cooking, swimming and travelling.
My Business
I have a bakery business where I bake scorns, breads, cookies and cakes for my business.
I sell them to the locals and I gain my profits which I use to pay for my rents, pay for my bills, and also savings.
I offer my services to a lot of people more so the students who study at the local universities in my area.
I chose this business since I love it and it's my passion.
Loan Proposal
I will use the loan to buy baking flour and yeast for my bakery. A dozen of white baking flour costs $ 30, yeast $10, cuttery $15, and a bread roster $15. The total cost comes to $70.
The loan will be of great help in my bakery since I have got a high demand of breads, cakes and cookies from institutions and local shops as well as from my community. I will increase my bakery production and I expect a 90% plus profit.
I will use the profits in my repayment of my zidisha loan, pay for my bills, business expansion and also payments for my workers.
My community will benefit from my services in getting fresh made bakery products as well as acting as a role model to the young and upcoming entrepreneurs by offering them a free entrepreneurship education.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$64.00
Date disbursed
Oct 6, 2017
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
United States
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