Sydney Lubinda Milai
DESCRIBE YOUR BUSINESS:
The name of my business is Community Care Suppliers; I supply foodstuff, specifically cornmeal, and our staple food. My business is located in the community which has a high population of about 12,000 households, which are my clients and potential clients. I am asking for a loan so that I can grow my business revenue. As you can see how large the community I do my business is. This loan will not only grow my revenue but also build confidence and reliability in my clients to always have the much-needed product. Which in turn, will result in the business generating more revenue.
EXPLAIN THE PROBLEM.
Corn meal product is a need in every household in my community, and country at large, for it is our staple food. The product I supply is affordable compared to other corn meal prices on the market because it’s produced by the Government, and difficult to supply, andis always in high demand. We live in a liberal economy; prices differ depending on the producer, hence the initiative by the government to produce the product on its own.
EXPLAIN YOUR SOLUTION:
Supplying this product helps the less privileged, widows, and all to have food on the table. This will result in a healthy community because there will be fewer diseases such as malnutrition and HIV and Aids, that come as a result of hunger in my community.
BUSINESS MISSION STATEMENT:
Feeding the community
HOW LONG HAVE YOU BEEN IN BUSINESS?
Community Care Suppliers has been in existence for 8 months.
YOUR NET INCOME
Our net income is $486 and we are able to maintain a net profit of 75% each month after all expenses.
SERVICE OR PRODUCT DELIVERABLE:
Our product is produced by the prison service in my country, and an agreement or contract is signed as one of their suppliers. The supplier is given an account number where to deposit money, which they share with you upon signing the contract. We deliver the product to your place in the next 48 hours upon confirming that the deposit has been made, Inclusive of the cost of transport.
DESCRIBE YOUR BEST CUSTOMER:
Our best customers are the adult women and men who are the heads of households.
WHY CUSTOMERS DO BUSINESS WITH YOU RATHER THAN WITH YOUR COMPETITORS?:
Our product is affordable because we source it from the government.
LIST YOUR SERVICES OR PRODUCTS AND THEIR PRICES:
Corn meal price $10
HOW DO CUSTOMERS KNOW THAT YOU EXIST?
Word of mouth and Social media
WHY DID YOU CHOOSE THIS BUSINESS?
I chose this business to serve others and because everyone needs to eat. But most importantly, to make life easy for all. Also, corn meal is our staple food and saves a lot of families from hunger, so it is always in demand.
LIST YOUR TOP WAYS TO FIND NEW CUSTOMERS:
- By word of mouth
- Social media
- By talking to people in various locations of the demand and supply chain
Insert pictures of your business activities here and give a brief explanation of each:
Truckload delivering supplies
High demand from community members
How will the loan be spent? (Include pictures of the product (s)
I will increase the amount of the packs of corn meal that I can sell to more community members and make more money while trying to help alleviate hunger. I have a license to purchase corn meal directly from the source.
The most affordable brand on the market.
Income Statement:
Cash flow Statement:
Share about your family and picture here:
My family members. From right to left: my father, my sister in law, my son Favour and my wife Twambo. This business is my source of income and helps me provide for my family.
CONTACT DETAILS:
Phone number: +260 973745048
Email: sydneymilai@gmail.com
Course Facilitator
Katoba Chishala
Phone: +260 973838304
Email: muka2002@gmail.com