Add more stock of phones and accessories

Entrepreneur

About Me

I'm an optimistic mature gentleman of a pleasant personality ,I'm a born again christian with a very strong conviction to Jesus Christs that He is lord I hold a Diploma in marketing and I'm Married with one Kid.I work and live in Embu whereby I have been working as a sales rep with Barclays Bank for the last two years.I also run two independent businesses ,A fast food Cafe and mobile Phone and accessories shop which has been running for over three years now.I manage both business with assistance of my wife .Both my businesses have already broken even and have been on upward trand in terms of income

My Business

As I said Earlier,I'm on a formal employment with Barclays Bank as a sales representative and hence with a monthly salary .I also run a fast food business in Embu town basically selling such goodies as Ice cream,Chips,Chicken,Sausages,Sodas among other things that are pleasing o the youth and General public.I make around 310 USD in a month from this business
My monthly expenses include
Houserent-40 USD
Electricity Bill-16 USD
Wages-40 USD
Stock -81 USD
Profit-135 USD
I also opened a mobile phone shop where I Sell new cheap phones and especially the internet enabled phones which are in very high demand to the youth and also phone accessories
My gross sales profit is around 326 USD
My expenses totals up to 212 USDs
Net profits of 114 USD.
All those are monthly incomes,With the kind of income I think it will be very Easy to pay any amount advanced to me without fail.

Loan Proposal

Hallo Lenders,
I recently opened a mobile phone and accessories shop within Embu town,The business has picked very well with streaming customers requesting new models of phones each day,The most popular has been the touch phones of which has been of great demand to the youth,
With the amount I intend to buy a few pieces of touch phones i.e three pieces at around 34USD,The three pieces will then total up to 102USD dollars.I will then sell each at 51 USD making a profit of around 51 USD with the remaining 34 USD I intend to buy mobile accessories worth the amount which includes a few pieces of headphones,Memory cards,Flashes and earphones.
From my approximation I will be making a profit of around 60 USD from the amount within most probably three weeks.With the sales and profit gained I plan to repay my installments dully and in full so that I can scale up the ladder of limit.
Kindly leaders support me on this,I will be very grateful.

Feedback

Loan Info

Lenders