Additional funds to support my milk vending business

Entrepreneur

About Me

I am a Christian and a hard working man born and raised in Kericho. I did clear my primary and secondary education and planning to further my studies in future. I borrowed some funds from friends amd parents in order to start a business. The uniqueness of my land is the fertility it has and the huge farming taking place.
I currently have no children.
My hobby is making new friends and reading novels.

My Business

My business deals with milk vending. I pircjase milk from farmers and sell sell them to processing plants. These goods are in high demand because its scarce and more of it is a daily requirement for majority of the people. I did choose this kind of business because ofthe low capital I required to start the high demand that is present.
The typical costs incurred monthly includes purchase of milk from farmers of Ksh. 23000,Transport 2500,Health permit Ksh. 1500 and business permit of Ksh. 2000.
My monthly net profits have been averaging Ksh.34000. I usually use this profits to reinvest back into my business and for my basic needs.

Loan Proposal

I am currently seeking funds to boost my milk vending business.The demand for milk is really high and my urgent need is to acquire funds to purchase more milk from farmers. This will enable me add my milk buying capacity and also enable milk reach the market in sufficient quantities. I expect my profits to increase by about 11%.

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