Boosting my baking business

Lynnette

Nairobi, Kenya

100% paid forward

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How it Works

Entrepreneur

Name

Lynnette

Member since

August 2017

On-time repayments

118 installments • 47%

About Me

I'm a 37 year old mother of 3. Due to my tough family background, having no raised up by a struggling single parent, I learnt to work hard and to be focused in everything that I do. I got inspired by my late mother that there is a sure way of success and progress through entrepreneurship a part from my part time teacher in a language school.

My Business

A part from my little income from the part time 4hours teaching per day, I opened a small grocery shop in 2017, which gives me approximately $90 per week and a profit of around $30. Which is a decrease of what I used to get last year.
I therefore would like to expand my business by Opening another cereal shop in a different area, due to market demand in that particular business area.
This far, I have been able to expand my cereals shop with the profit I have made this far.
A part from that, it also helps me pay for my children's school fees.
I'm very grateful for the great support from Zidisha team.
Kindly help me secure this loan since I have stayed for close to 6months without getting a loan.

Project Proposal

I wish to buy a new stock go the cake business that I intend to begin. This includes: two bale's of baking flour at ksh 5000. 20kg of margarine at ksh. 4900. 20kg 9f sugar at ksh. 10000 and a deposit of ksh. 8000 for electricity tokens.