The Restaurant

April 9th, 2007 La Encantada, Peru

Picanteria

A picanteria is basically a really small restaurant. It typically hosts about 4 tables and serves a limited menu. Since the restaurant project with the government fell through, I have been looking for investors and parties potentially interested in administrating such a project. I recently found success. My host family has a daughter who lives in the regional city of Piura. She has to decided to invest an S/. 1000 and act as the main administrator of the picanteria. We have found a micro credit organization to invest another S/. 1000 and are looking for 5 members of the community to each invest S/. 200 for the final S/. 1000.

Therefore, Kelly and I have outlined a basic business plan for the restaurant. We have also created pro forma income statements and have been working a local University. A group of University students is going to write us a marketing plan. Another group from the culinary school is working with Kelly to develop a menu. Things seem to be going pretty well.