INTERSCOPE FOOD SUPPLIES

EXECUTIVE SUMMARY Interscope Food Supplies, provides Food Processing and food supplies services for Hotels industries and other consumers, our food products include: Fish (Whole Fish Tilapia), Fish (Nile Perch) and Organic Chicken (Free Range Chicken). The Market is big and the demand for our products is huge therefore the reason to seek more funds to cover running costs, equipments, building expenses, and working capital for this expansion. Interscope has invested its own capital as at the business stands now, Interscope Food Supplies was registered in the Republic of Kenya in 2008 under the business Names Act cap 499 sections 14 of the law, this makes the Company legally registered and therefore able to engage in its day to day business above board. The projections in this business plan relating to labor and production costing, staff outlay and other pertinent details such as acquisition of the products from our suppliers (fishermen) and farmers are based on this scale down version of the production process which will be manual (MPP) – Manual Production Process for the time being as we grow our profits during the injection of the fund we are seeking for, but will later lead to Fully Automated Production Process (FAPP). Our products as mentioned above are produced under very high hygienic conditions and we are in the process of getting certifications from Kenya Bureau of Standards (KEBS) to enable us do our own packaging with the brandings and as well we will be seeking to get certifications from Kenya Bureau Halal to make the products Halal Certified. As the principal of the Company i have already invested a working capital of Ksh 1,500,000 (One million five hundred thousand), refrigeration equipments at the tune of Ksh 1,000,000 (One million only), a transportation truck (Refrigerated Body) at the cost of Ksh 2,600,000 (Two million six hundred thousand only)financed partly by Kenya Commercial Bank Limited and the production plant in Migori County at the Cost of Ksh 1,500,000 (One million five hundred thousand only) making the total investment into the business to a total of Ksh 6,600,000 (Six million six hundred thousand only). This business now needs an additional Ksh 44,000,000 (Forty four million) an equivalent of $ 500,000 (Five hundred thousand) to enable it to constitute a working capital base, the required supply of Fish (Whole fish Tilapia) per day is 20 tones which is an equivalent of about 20,000 pieces (the table size) within Nairobi only and that translates to about Ksh 3,600,000 (Three million six hundred thousand) as the buying figure from the lake and an estimated amount of Ksh 2,500,000 (Two million five hundred thousand) for the Organic Chicken buying from the farmers on a weekly basis. Acquisition of these funds should enable Interscope Food Supplies to fully expand its operations to meet the demands of the customers which is steadily growing, in a period of six months (6) time Interscope Food Supplies will transition into a fully automated production and processing and this change is expected to increase production therefore supporting the growing demand and enabling us compete well in the market. Our Market goals are based on very high quality of our organic products, with fully organic food products and an affordable price. These measures are expected to lead to the product selling fast, enabling the company to capture a sizeable portion of the organic food market in Kenya. We expect that within two (2) years of expansion (after the injection of the needed funds) Interscope Food Supplies (IFS) should be able to control 10% of the market. On profitability, we expect to explore possibilities of getting favorable purchasing terms from our suppliers (fishermen and farmers) to have consistency in supplying our customers. We anticipate that once the required financing is accessed, it should be possible for Interscope Food Supplies (IFS) to fully repay these funds in six (6) to seven (7) years time, further expansion of the business will be financed from retained earnings ploughed back and these are detailed in our expansion plan strategy paper. The financing requirement for Interscope Food Supplies (IFP) currently is therefore Ksh 44,000,000 (Forty four million). The funding will enable the Company to build its product line, to implement aggressive sales and marketing plans, and to establish an initial processing facility. The company anticipates that the initial round will be sufficient to carry it to profitability and to allow building assets to the level where outside debt financing can be obtained to fund further growth.