Addition of stock and purchase of a weighing scale machine

Anthony

Matharenorth, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Anthony

Member since

July 2014

On-time repayments

141 installments • 69%

About Me

am a young aduld who is great need of pursuing and completing his career choice but was unable to do so due to some finantial constraint and some social issues which required my full intervention.am pusuing an accounting course that had started last year and still continuing with it but i may temporary stop attending my classes because of finantial issues

My Business

am an hotelier and works at jambo grill ltd along thika superhighway, have worked there for 3 years and my current salary is US Dollars 150 per month and therefore this wii be my source of income in repaying the loan on monthly basis.jambo grill has been my employer for the last three years and it has a stable clientele base.our salary have been always been paid in time with no delays and also it has a strong managerial structure

Loan Proposal

Customer satisfaction is one of the factors that determines the growth and success of an enterprise,currently it will be of great help to my shop towards realizing this through upgrading my stock by having more stock to meet the customer demand. Also to increase the rate of stock turnover and also maintaining customers affordability to a product can be achieved by customizing the products into different portions, and the customization will be facilitated by the use of a weighing scale machine.The loan will be budgeted as follows;120 dollars will be used in buying additional unpackaged maize flour,sugar and rice and all are in sacks,the remaining 80 dollars will purchase a weighing scale machine.Selling product such maize flour,rice and sugar into different portions will boost the stock turnover and i do expect an increase of profit of 40 dollars