Equipment for baking, and buying more flour & other ingredients

Memory

Kitwe, Zambia

100% paid forward

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How it Works

Entrepreneur

Name

Memory

Member since

May 2022

On-time repayments

20 installments • 40%

About Me

My name is Memory Tembo aged 22 years old and Zambian by citizen. I started my primary course at Ndeke Basic School and completed successfully.
Later qualified into secondary school or high school which I also completed and obtained my grade certificate.
I hold a Diploma in accounting management and am a member of ZICA, Zambia Institute of Chartered Accountants. currently am working with Zambia electricity corporation limited Zesco as Cashier, I was engaged in 2020 to date.
Due to the passion I have in entrepreneurship business I have a business which am running also in our community

My Business

I have a shop and am involved into the business of baking cup cakes, cakes, flitters, wedding cakes and birthdays cakes. I sell them daily and weekly because I receive orders on a daily basis. These goods are highly on demand due to marriage functions and birthday parties. I also do offer services on wedding decorations. I choose this type of business because it is on demand and highly profitable. Therefore the profits made I help vulnerable children in orphanage centres in our community. This is because I have had the passion since I was a child. It is my desire to my fellow girl child in need when am better by taking back to the community. The cost of business is almost ZMW 25,000.00 and my weekly profits after sales comes to ZMW 8500 to ZMW 10,200.00
The profits are used to help vulnerable children by paying their school fees, books and school uniforms and also buy food staffs for them.

Project Proposal

Am requesting for this loan to buy a bigger stove , with the bigger stove which has a bigger woven I will be able to bake more cup cakes, scorns, flitters and wedding and birthday cakes as I have more orders. Since I have been using a small cooker it has been very difficulty for to meet demand from my customers. Hence this funds am raising will help me very much to get raw materials for baking and also get more ingredients for baking and increase my profit revenue.