Expanding my samosa business

Entrepreneur

About Me

I'm Emmanuel Otieno Odago, a 23 year old Kenyan. I live in Kiambu county with my single mother and my sister and brother. Life has not always been easy because even currently I'm not able to finish my degree course due to lack of fees. But I am not discouraged since I have my own business with which I try to make ends meet.

My Business

I have a business which sells Samosas and Mandazis. I have owned the business for a month now and I have been making a 30% profit each day. I use the profits for my upkeep to pay my rent and household items.

Loan Proposal

I am requesting a loan so that I can expand my current business from selling mandazis to selling mandazis and samosa. The money I receive I will use to buy another jiko costing 5 dollars, a display cabinet for the samosas costing another 5 dollars and buy the ingredients for the samosas which will cost 7 dollars. By expanding my business I project an increase in profit from 5 dollars daily to 10 dollars.

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Loan Info

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