Buy home supplies

Entrepreneur

About Me

Am a man with four children. I was born in 1994 in a family of five. I went to Ortum boys boarding primary school in 2007 and I graduated with an A. I went to Chewoyet high school and graduated with an A. I joined Kenyatta University and graduated with a degree in bachelor of Commerce. I come from a humble background with my parents having secured no jobs. They have small businesses with feed our family. Right now I have a retail shop which I buy and sell different commodities.

My Business

I have a retail shop which I buy and sell different commodities ranging from foodstuffs and farm tools. I buy them from Bungoma at around 50000 per month and sell them at a 90000. Monthly profit is around 40000. Actually it's a nice business because the profits I earn help my family buy foodstuffs, pay rent and school fees.
If you consider giving me a loan then I hope my business will expand widely. Thank you in advance.

Loan Proposal

If I am given the loan I would buy the following home supplies,
1. 5 Kilograms of sugar each at 1.2$ on weekly basis.
2. 20 loaves of bread each at 0.4$ on daily basis.

When I calculate the profit which I will make from the above sales is that on weekly terms I will sugar at 8.00$ of which I would have made a profit of 2.00$ on weekly basis. On the loaves of bread I would sell them at $12 which I would have made a profit of 4$ on weekly terms.

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